Tasgaon Urban Co-operative Banktasgaon
Tasgaon Urban Co-operative Banktasgaon IMPS BRANCH
+912346241290
Understanding IFSC Code: The Digital DNA of Tasgaon Urban Co-operative Banktasgaon
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the Tasgaon Urban Co-operative Banktasgaon IMPS
branch of Tasgaon Urban Co-operative Banktasgaon, the code IBKL0608TUC 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 IBKL0608TUC 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 Tasgaon Urban Co-operative Banktasgaon
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for Tasgaon Urban Co-operative Banktasgaon IMPS
Payment Systems Supported by IBKL0608TUC
| 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—416806000—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 Tasgaon Urban Co-operative Banktasgaon in TASGAON typically follows the RBI holiday calendar. Digital transfers via IBKL0608TUC 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 IBKL0608TUC is the valid code for Tasgaon Urban Co-operative Banktasgaon IMPS at TASGAON, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
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Financial Tools
- • GST Calculator Online
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Branch Context
- • Tasgaon Urban Co-operative Banktasgaon IMPS Contact
- • Address of Tasgaon Urban Co-operative Banktasgaon
- • MICR Code Finder
- • MAHARASHTRA Banking Circle
Platform Links
- • Anand Design DevBox
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- • IFSC Finder v2.0
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