Md Pawar Peoples Co-operative Bank Urun Islampur
Md Pawar Peoples Co-operative Bank Urun Islampur IMPS BRANCH
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Understanding IFSC Code: The Digital DNA of Md Pawar Peoples Co-operative Bank Urun Islampur
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the Md Pawar Peoples Co-operative Bank Urun Islampur IMPS
branch of Md Pawar Peoples Co-operative Bank Urun Islampur, the code ICIC00MDPPC 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 ICIC00MDPPC Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"ICIC" represents Md Pawar Peoples Co-operative Bank Urun Islampur
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for Md Pawar Peoples Co-operative Bank Urun Islampur IMPS
Payment Systems Supported by ICIC00MDPPC
| 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—415813101—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 Md Pawar Peoples Co-operative Bank Urun Islampur in ISLAMPUR typically follows the RBI holiday calendar. Digital transfers via ICIC00MDPPC 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 ICIC00MDPPC is the valid code for Md Pawar Peoples Co-operative Bank Urun Islampur IMPS at ISLAMPUR, ensure the beneficiary name matches perfectly in your mobile banking app.
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Financial Tools
- • GST Calculator Online
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Branch Context
- • Md Pawar Peoples Co-operative Bank Urun Islampur IMPS Contact
- • Address of Md Pawar Peoples Co-operative Bank Urun Islampur
- • MICR Code Finder
- • MAHARASHTRA Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
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- • IFSC Finder v2.0
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