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Balageria Central Co-operative Bank

Balageria Central Co-operative Bank IMPS BRANCH

+913220254421

IFSC CODE
IBKL0752BCB
MICR Code 721259151
Branch Code 752BCB
City / District CONTAI
State MAHARASHTRA
Office Address BALAGERIA CENTRAL CO OPERATIVE BANK LTD, AT AND PO CONTAI, SARASWATITALA , CONTAI, DI PURBA MEDINIPUR, PIN 721401
Phone +913220254421
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Balageria Central Co-operative Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Balageria Central Co-operative Bank IMPS branch of Balageria Central Co-operative Bank, the code IBKL0752BCB 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 IBKL0752BCB Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"IBKL" represents Balageria Central Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Balageria Central Co-operative Bank IMPS

Payment Systems Supported by IBKL0752BCB

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—721259151—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 Balageria Central Co-operative Bank in CONTAI typically follows the RBI holiday calendar. Digital transfers via IBKL0752BCB 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 IBKL0752BCB is the valid code for Balageria Central Co-operative Bank IMPS at CONTAI, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Financial Tools

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Branch Context

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Platform Links

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