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Mysore Silk Cloth Merchants Co-operative Bank

Mysore Silk Cloth Merchants Co-operative Bank IMPS BRANCH

+918048531166

IFSC CODE
KKBK0MSCMB1
MICR Code 560926002
Branch Code MSCMB1
City / District BANGALORE
State MAHARASHTRA
Office Address MYSORE SILK CLOTH MERCHANT CO OP BANK LTD BANGALORE BRANCH 1/1, SANJEEVA NAIK LANE, AVENUE ROAD CROSS, BANGALORE- 560002
Phone +918048531166
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Mysore Silk Cloth Merchants Co-operative Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Mysore Silk Cloth Merchants Co-operative Bank IMPS branch of Mysore Silk Cloth Merchants Co-operative Bank, the code KKBK0MSCMB1 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 KKBK0MSCMB1 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

"KKBK" represents Mysore Silk Cloth Merchants Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Mysore Silk Cloth Merchants Co-operative Bank IMPS

Payment Systems Supported by KKBK0MSCMB1

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—560926002—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 Mysore Silk Cloth Merchants Co-operative Bank in BANGALORE typically follows the RBI holiday calendar. Digital transfers via KKBK0MSCMB1 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 KKBK0MSCMB1 is the valid code for Mysore Silk Cloth Merchants Co-operative Bank IMPS at BANGALORE, 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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Branch Context

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