Brahmadeodada Mane Sahakari Bank Solapur
BRAHMDEODADA MANE BANK NANDED BRANCH
+912462250567
Understanding IFSC Code: The Digital DNA of Brahmadeodada Mane Sahakari Bank Solapur
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the BRAHMDEODADA MANE BANK NANDED
branch of Brahmadeodada Mane Sahakari Bank Solapur, the code YESB0BMSB20 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 YESB0BMSB20 Code
An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:
Bank Identity
"YESB" represents Brahmadeodada Mane Sahakari Bank Solapur
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for BRAHMDEODADA MANE BANK NANDED
Payment Systems Supported by YESB0BMSB20
| 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—431593101—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 Brahmadeodada Mane Sahakari Bank Solapur in NANDED typically follows the RBI holiday calendar. Digital transfers via YESB0BMSB20 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 YESB0BMSB20 is the valid code for BRAHMDEODADA MANE BANK NANDED at NANDED, ensure the beneficiary name matches perfectly in your mobile banking app.
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Financial Tools
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Branch Context
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Platform Links
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