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Shahada Peoples Co-operative Bank

SHAHADA PEOPLES COOP BANK SHINDIKHEDA BRANCH

+912566222111

IFSC CODE
YESB0SPCB09
MICR Code 425867502
Branch Code SPCB09
City / District SINDKHEDA
State MAHARASHTRA
Office Address NEAR BUSTOP SHINDKHEDA PIN CODE-425406
Phone +912566222111
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Shahada Peoples Co-operative Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the SHAHADA PEOPLES COOP BANK SHINDIKHEDA branch of Shahada Peoples Co-operative Bank, the code YESB0SPCB09 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 YESB0SPCB09 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 Shahada Peoples Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for SHAHADA PEOPLES COOP BANK SHINDIKHEDA

Payment Systems Supported by YESB0SPCB09

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—425867502—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 Shahada Peoples Co-operative Bank in SINDKHEDA typically follows the RBI holiday calendar. Digital transfers via YESB0SPCB09 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 YESB0SPCB09 is the valid code for SHAHADA PEOPLES COOP BANK SHINDIKHEDA at SINDKHEDA, 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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Financial Tools

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Branch Context

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Platform Links

  • • Anand Design DevBox
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  • • IFSC Finder v2.0

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