Shri Kanyaka Nagari Sahakari Bank
SHRI KANYAKA NAGARI SAHAKARI BANK MUL BRANCH
+917174220035
Understanding IFSC Code: The Digital DNA of Shri Kanyaka Nagari Sahakari Bank
When performing any digital transaction in India, the Indian Financial System Code
(IFSC) acts as a critical identifier. For the SHRI KANYAKA NAGARI SAHAKARI BANK MUL
branch of Shri Kanyaka Nagari Sahakari Bank, the code YESB0SKNS03 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 YESB0SKNS03 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 Shri Kanyaka Nagari Sahakari Bank
Control Character
Always '0' (Reserved for future use)
Branch Locator
Unique code for SHRI KANYAKA NAGARI SAHAKARI BANK MUL
Payment Systems Supported by YESB0SKNS03
| 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—442808501—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 Shri Kanyaka Nagari Sahakari Bank in MUL typically follows the RBI holiday calendar. Digital transfers via YESB0SKNS03 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 YESB0SKNS03 is the valid code for SHRI KANYAKA NAGARI SAHAKARI BANK MUL at MUL, ensure the beneficiary name matches perfectly in your mobile banking app.
Bank Search Indexing & Metadata
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Financial Tools
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Branch Context
- • SHRI KANYAKA NAGARI SAHAKARI BANK MUL Contact
- • Address of Shri Kanyaka Nagari Sahakari Bank
- • MICR Code Finder
- • MAHARASHTRA Banking Circle
Platform Links
- • Anand Design DevBox
- • SEO Performance Hub
- • Webmaster Tools
- • IFSC Finder v2.0
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