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Thane Bharat Sahakari Bank

PANVEL BRANCH

+912227452206

IFSC CODE
TBSB0000022
MICR Code
Branch Code 000022
City / District PANVEL
State MAHARASHTRA
Office Address SHREE BASAV-NILAYA, GR.FLOOR, PLOT NO-152,
Phone +912227452206
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Thane Bharat Sahakari Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the PANVEL branch of Thane Bharat Sahakari Bank, the code TBSB0000022 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 TBSB0000022 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

"TBSB" represents Thane Bharat Sahakari Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for PANVEL

Payment Systems Supported by TBSB0000022

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——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 Thane Bharat Sahakari Bank in PANVEL typically follows the RBI holiday calendar. Digital transfers via TBSB0000022 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 TBSB0000022 is the valid code for PANVEL at PANVEL, 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

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Platform Links

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  • • IFSC Finder v2.0

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