Prime Co-operative Bank
VYARA BRANCH BRANCH
+912626220653
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 VYARA BRANCH
branch of Prime Co-operative Bank, the code PMEC0102624 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 PMEC0102624 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 VYARA BRANCH
Payment Systems Supported by PMEC0102624
| 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—394250071—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 VYARA typically follows the RBI holiday calendar. Digital transfers via PMEC0102624 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 PMEC0102624 is the valid code for VYARA BRANCH at VYARA, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
Related Searches
- • Prime Co-operative Bank Branch List
- • VYARA IFSC Codes
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Financial Tools
- • GST Calculator Online
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Branch Context
- • VYARA BRANCH Contact
- • Address of Prime Co-operative Bank
- • MICR Code Finder
- • GUJARAT Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
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