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Sangrur Central Co-operative Bank

Sangrur Central Co-operative Bank IMPS BRANCH

IFSC CODE
UTIB0SCCB01
MICR Code 148819002
Branch Code SCCB01
City / District SANGRUR
State MAHARASHTRA
Office Address GROUND FLOOR, SADAR BAZAR, PATIALA GATE, H O SANGRUR, SANGRUR,PIN -148001
Phone Not Available
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Understanding IFSC Code: The Digital DNA of Sangrur Central Co-operative Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Sangrur Central Co-operative Bank IMPS branch of Sangrur Central Co-operative Bank, the code UTIB0SCCB01 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 UTIB0SCCB01 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

"UTIB" represents Sangrur Central Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Sangrur Central Co-operative Bank IMPS

Payment Systems Supported by UTIB0SCCB01

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—148819002—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 Sangrur Central Co-operative Bank in SANGRUR typically follows the RBI holiday calendar. Digital transfers via UTIB0SCCB01 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 UTIB0SCCB01 is the valid code for Sangrur Central Co-operative Bank IMPS at SANGRUR, 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

  • • Sangrur Central Co-operative Bank IMPS Contact
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  • • MICR Code Finder
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Platform Links

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