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Godavari Urban Co-operative Bank

Godavari Urban Co-operative Bank IMPS BRANCH

+912462237113

IFSC CODE
YESB0GUCB01
MICR Code 431849102
Branch Code GUCB01
City / District NANDED
State MAHARASHTRA
Office Address 1ST FLR ANANDIDAS COMPLEX VAZIRABAD NANDED 431601
Phone +912462237113
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Godavari Urban Co-operative Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the Godavari Urban Co-operative Bank IMPS branch of Godavari Urban Co-operative Bank, the code YESB0GUCB01 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 YESB0GUCB01 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

"YESB" represents Godavari Urban Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for Godavari Urban Co-operative Bank IMPS

Payment Systems Supported by YESB0GUCB01

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—431849102—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 Godavari Urban Co-operative Bank in NANDED typically follows the RBI holiday calendar. Digital transfers via YESB0GUCB01 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 YESB0GUCB01 is the valid code for Godavari Urban Co-operative Bank IMPS at NANDED, 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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Branch Context

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