Prime Co-operative Bank
CHHOTA UDEPUR BRANCH BRANCH
+912669232080
Understanding IFSC Code: The Digital DNA of Prime Co-operative Bank
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the CHHOTA UDEPUR BRANCH
branch of Prime Co-operative Bank, the code PMEC0101616 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 PMEC0101616 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"PMEC" represents Prime Co-operative Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for CHHOTA UDEPUR BRANCH
Payment Systems Supported by PMEC0101616
| 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—391250121—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 Prime Co-operative Bank in CHHOTA UDAIPUR typically follows the RBI holiday calendar. Digital transfers via PMEC0101616 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 PMEC0101616 is the valid code for CHHOTA UDEPUR BRANCH at CHHOTA UDAIPUR, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
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Financial Tools
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Branch Context
- • CHHOTA UDEPUR BRANCH Contact
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- • GUJARAT Banking Circle
Platform Links
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- • IFSC Finder v2.0
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