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Mamasaheb Pawar Satyavijay Co-operative Bank

MAMASAHEB PAWAR SATYAVIJAY COOP BANK MAHAVIR NGR BRANCH

+912332621277

IFSC CODE
YESB0MPSC05
MICR Code 416807153
Branch Code MPSC05
City / District SANGLI-MIRAJ-KUPWAD
State MAHARASHTRA
Office Address VARDHMAN COMPLEX HIGH SCHOOL ROAD VAKHAR BHAG SANGLI TAL MIRAJ SANGLI 416416
Phone +912332621277
📍 View Branch on Google Maps

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 MAHAVIR NGR branch of Mamasaheb Pawar Satyavijay Co-operative Bank, the code YESB0MPSC05 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 YESB0MPSC05 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 Mamasaheb Pawar Satyavijay Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for MAMASAHEB PAWAR SATYAVIJAY COOP BANK MAHAVIR NGR

Payment Systems Supported by YESB0MPSC05

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—416807153—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 SANGLI-MIRAJ-KUPWAD typically follows the RBI holiday calendar. Digital transfers via YESB0MPSC05 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 YESB0MPSC05 is the valid code for MAMASAHEB PAWAR SATYAVIJAY COOP BANK MAHAVIR NGR at SANGLI-MIRAJ-KUPWAD, 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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