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Bagalkot District Central Co-operative Bank

BAGALKOT DISTRICT CENTRAL COOP BANK BRANCH

+918354236443

IFSC CODE
KSCB0702001
MICR Code 587801103
Branch Code 702001
City / District BAGALKOT
State KARNATAKA
Office Address SECTOR NO 24,NAVANAGAR,BAGALKOT 587102
Phone +918354236443
📍 View Branch on Google Maps

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

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the BAGALKOT DISTRICT CENTRAL COOP BANK branch of Bagalkot District Central Co-operative Bank, the code KSCB0702001 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 KSCB0702001 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 Bagalkot District Central Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for BAGALKOT DISTRICT CENTRAL COOP BANK

Payment Systems Supported by KSCB0702001

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—587801103—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 Bagalkot District Central Co-operative Bank in BAGALKOT typically follows the RBI holiday calendar. Digital transfers via KSCB0702001 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 KSCB0702001 is the valid code for BAGALKOT DISTRICT CENTRAL COOP BANK at BAGALKOT, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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Branch Context

  • • BAGALKOT DISTRICT CENTRAL COOP BANK Contact
  • • Address of Bagalkot District Central Co-operative Bank
  • • MICR Code Finder
  • • KARNATAKA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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