IFSC Code (The Indian Financial System Code) is an alphanumeric code which is used to transfer electronic funds in India.
KALUPUR COMMERCIAL COOPERATIVE BANK MAHARASHTRA ifsc code is a Unique code which identifies each bank branch. The main purpose of IFSC Code is to participate each bank branch in the two main
payment and settlement systems in India.
1) RTGS : Real Time Gross Settlement
2) NEFT : National Electronic Fund Transfer
For Example :
KALUPUR COMMERCIAL COOPERATIVE BANK MAHARASHTRA ifsc code : KCCB0KLB026 is 11 digit Unique IFSC Code.
First 4 characters represents Bank Code : KCCB for Bank : KALUPUR COMMERCIAL COOPERATIVE BANK
5th character is Zero and it is reserved for future reference
Last 6 characters represents Branch Code : KLB026 for Bank Branch KALBADEVI - MUMBAI
Anatomy of a Cheque
The above image represent cheque format which locates IFSC Code and MICR Code in Red Box
MICR code for kalupur commercial cooperative bank maharashtra represents Magnetic Ink Character Recognition technology which is printed on cheques. This MICR Code is used for the identification of the cheques for faster processing.
MICR Code is a Unique code which identifies each bank branch. The main purpose of MICR Code is to participate each bank branch in an Electronic Clearing System (ECS).
MICR Code for KALUPUR COMMERCIAL COOPERATIVE BANK : 400126002 is 9 digit Unique MICR Code.
First 3 digits represents CityCode Code : 400 for City : MUMBAI
Middle 3 digits reprents Bank Code: 126 for Bank : KALUPUR COMMERCIAL COOPERATIVE BANK
Last 3 digits represents Branch Code : 600 for Bank Branch KALBADEVI - MUMBAI
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