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Laxmibai Mahila Nagrik Sahakari Bank Maradit

Laxmibai Mahila Nagrik Sahakari Bank Maradit IMPS BRANCH

+917512636620

IFSC CODE
ICIC00LMNSB
MICR Code 474497001
Branch Code 0LMNSB
City / District GWALIOR
State MAHARASHTRA
Office Address MOHAN NIWAS KAMPOO ROAD LASHKAR GWALIOR
Phone +917512636620
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Laxmibai Mahila Nagrik Sahakari Bank Maradit

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Laxmibai Mahila Nagrik Sahakari Bank Maradit IMPS branch of Laxmibai Mahila Nagrik Sahakari Bank Maradit, the code ICIC00LMNSB 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 ICIC00LMNSB 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

"ICIC" represents Laxmibai Mahila Nagrik Sahakari Bank Maradit

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Laxmibai Mahila Nagrik Sahakari Bank Maradit IMPS

Payment Systems Supported by ICIC00LMNSB

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—474497001—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 Laxmibai Mahila Nagrik Sahakari Bank Maradit in GWALIOR typically follows the RBI holiday calendar. Digital transfers via ICIC00LMNSB 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 ICIC00LMNSB is the valid code for Laxmibai Mahila Nagrik Sahakari Bank Maradit IMPS at GWALIOR, 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

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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