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Kodagu District Co-operative Central Bank

Kodagu District Co-operative Central Bank IMPS BRANCH

+918272228590

IFSC CODE
KSCB0011001
MICR Code 571833152
Branch Code 011001
City / District MADIKERI
State MAHARASHTRA
Office Address M G ROAD,NEAR G T CIRCLE,MADIKERI 571201
Phone +918272228590
📍 View Branch on Google Maps

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

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Kodagu District Co-operative Central Bank IMPS branch of Kodagu District Co-operative Central Bank, the code KSCB0011001 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 KSCB0011001 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

"KSCB" represents Kodagu District Co-operative Central Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Kodagu District Co-operative Central Bank IMPS

Payment Systems Supported by KSCB0011001

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—571833152—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 Kodagu District Co-operative Central Bank in MADIKERI typically follows the RBI holiday calendar. Digital transfers via KSCB0011001 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 KSCB0011001 is the valid code for Kodagu District Co-operative Central Bank IMPS at MADIKERI, 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

  • • Kodagu District Co-operative Central Bank IMPS Contact
  • • Address of Kodagu District Co-operative Central Bank
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

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

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