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Mamasaheb Pawar Satyavijay Co-operative Bank

MAMASAHEB PAWAR SATYAVIJAY COOP BANK VASAGADE BRANCH

+912346234247

IFSC CODE
YESB0MPSC09
MICR Code 416807502
Branch Code MPSC09
City / District VASAGADE
State MAHARASHTRA
Office Address NEAR JAIN BASTI VASAGADE TAL PALUS SANGLI 416416
Phone +912346234247
📍 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 VASAGADE branch of Mamasaheb Pawar Satyavijay Co-operative Bank, the code YESB0MPSC09 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 YESB0MPSC09 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 VASAGADE

Payment Systems Supported by YESB0MPSC09

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—416807502—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 VASAGADE typically follows the RBI holiday calendar. Digital transfers via YESB0MPSC09 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 YESB0MPSC09 is the valid code for MAMASAHEB PAWAR SATYAVIJAY COOP BANK VASAGADE at VASAGADE, 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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Platform Links

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