Mamasaheb Pawar Satyavijay Co-operative Bank
MAMASAHEB PAWAR SATYAVIJAY COOP BANK PALUS BRANCH
+912346226437
Understanding IFSC Code: The Digital DNA of Mamasaheb Pawar Satyavijay Co-operative Bank
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the MAMASAHEB PAWAR SATYAVIJAY COOP BANK PALUS
branch of Mamasaheb Pawar Satyavijay Co-operative Bank, the code YESB0MPSC03 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 YESB0MPSC03 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 Mamasaheb Pawar Satyavijay Co-operative Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for MAMASAHEB PAWAR SATYAVIJAY COOP BANK PALUS
Payment Systems Supported by YESB0MPSC03
| 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—416807504—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 Mamasaheb Pawar Satyavijay Co-operative Bank in PALUS typically follows the RBI holiday calendar. Digital transfers via YESB0MPSC03 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 YESB0MPSC03 is the valid code for MAMASAHEB PAWAR SATYAVIJAY COOP BANK PALUS at PALUS, ensure the beneficiary name matches perfectly in your mobile banking app.
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Financial Tools
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Branch Context
- • MAMASAHEB PAWAR SATYAVIJAY COOP BANK PALUS Contact
- • Address of Mamasaheb Pawar Satyavijay Co-operative Bank
- • MICR Code Finder
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Platform Links
- • Anand Design DevBox
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- • IFSC Finder v2.0
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