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Kopargaon Peoples Co-operative Bank

Kopargaon Peoples Co-operative Bank IMPS BRANCH

+912324226785

IFSC CODE
SVCB0035002
MICR Code 423802001
Branch Code 035002
City / District KOPARGAON
State MAHARASHTRA
Office Address M.PHULE MARG, BANK ROAD , KOPARGAON
Phone +912324226785
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Kopargaon Peoples Co-operative Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Kopargaon Peoples Co-operative Bank IMPS branch of Kopargaon Peoples Co-operative Bank, the code SVCB0035002 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 SVCB0035002 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

"SVCB" represents Kopargaon Peoples Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Kopargaon Peoples Co-operative Bank IMPS

Payment Systems Supported by SVCB0035002

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—423802001—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 Kopargaon Peoples Co-operative Bank in KOPARGAON typically follows the RBI holiday calendar. Digital transfers via SVCB0035002 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 SVCB0035002 is the valid code for Kopargaon Peoples Co-operative Bank IMPS at KOPARGAON, 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

  • • GST Calculator Online
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Branch Context

  • • Kopargaon Peoples Co-operative Bank IMPS Contact
  • • Address of Kopargaon Peoples Co-operative Bank
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

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

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