Rendal Sahakari Bank Rendal
Rendal Sahakari Bank Rendal IMPS BRANCH
+91232450123
Understanding IFSC Code: The Digital DNA of Rendal Sahakari Bank Rendal
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the Rendal Sahakari Bank Rendal IMPS
branch of Rendal Sahakari Bank Rendal, the code IBKL0116RSB ensures
that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual
errors. In an era of instant payments, having the correct IFSC is as important as the account number
itself.
Anatomy of the IBKL0116RSB Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"IBKL" represents Rendal Sahakari Bank Rendal
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for Rendal Sahakari Bank Rendal IMPS
Payment Systems Supported by IBKL0116RSB
| System | Transfer Limit | Processing Time |
|---|---|---|
| NEFT | No Minimum (Up to ₹50 Lakhs+) | Half-hourly batches (24x7) |
| RTGS | Minimum ₹2 Lakhs | Real-time settlement |
| IMPS | Up to ₹5 Lakhs | Instant (Mobile/P2P) |
Why do you need the MICR Code?
While IFSC is for digital transfers, the Magnetic Ink Character Recognition
(MICR) code—416827000—is primarily
used for the processing and clearance of physical cheques. This 9-digit code helps in
identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing
faster and error-free.
Bank Holidays & Availability
The Rendal Sahakari Bank Rendal in RENDAL typically follows the RBI holiday calendar. Digital transfers via IBKL0116RSB for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.
Security Warning & Verification
Always verify the branch details before making a large payment. While IBKL0116RSB is the valid code for Rendal Sahakari Bank Rendal IMPS at RENDAL, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
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Financial Tools
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Branch Context
- • Rendal Sahakari Bank Rendal IMPS Contact
- • Address of Rendal Sahakari Bank Rendal
- • MICR Code Finder
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Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
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