There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Maharashtra State Cooperative Bank for its Dhule branch in Dhule, Dhule, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Maharashtra State Cooperative Bank situated in Dhule or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code MSCI0082042. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Maharashtra State Cooperative Bank, Dhule, Dhule
Here are the key points that are associated with the IFSC Code MSCI0082042 of Maharashtra State Cooperative Bank for its branch located in Dhule, within the district of Dhule in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Maharashtra State Cooperative Bank |
| IFSC Code | MSCI0082042 |
| Branch | Dhule |
| City | Dhule |
| District | Dhule |
| State | Maharashtra |
| Address | Survey No.7, Galli No.4, Nagarpatti, Near Gandhi Statue, Dhule 424001 |
These details helps users in online banking and for businesses and individuals who use Maharashtra State Cooperative Bank in Dhule for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code MSCI0082042 for the Dhule branch of Maharashtra State Cooperative Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Maharashtra State Cooperative Bank located in Dhule, Dhule, Maharashtra, are allotted a unique IFSC like MSCI0082042 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dhule.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dhule and Dhule.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Maharashtra State Cooperative Bank in Dhule reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code MSCI0082042
The format of the IFSC Code for banks, including Maharashtra State Cooperative Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Maharashtra State Cooperative Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dhule in Dhule.
For example, the IFSC Code MSCI0082042 of Maharashtra State Cooperative Bank for the Dhule branch includes these elements, identifying the bank and the branch location in Dhule and Maharashtra accurately.
How to Find IFSC Code for Maharashtra State Cooperative Bank?
If you are looking for the IFSC Code MSCI0082042 of Maharashtra State Cooperative Bank for its Dhule branch located in Dhule, the following methods can help:
Cheque Book
The cheque book that is issued by Maharashtra State Cooperative Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Maharashtra State Cooperative Bank branches in Dhule and Dhule, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Maharashtra State Cooperative Bank and look for the branch locator section, then search for Dhule or Dhule to get the exact IFSC Code MSCI0082042.
Mobile Banking App
If you use Maharashtra State Cooperative Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Maharashtra State Cooperative Bank and Dhule, then it will provide you proper information.
How to Use IFSC Code MSCI0082042 for Online Transfers?
Once you have the IFSC Code MSCI0082042 for the Dhule branch of Maharashtra State Cooperative Bank in Dhule, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code MSCI0082042. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Maharashtra State Cooperative Bank IFSC Code MSCI0082042.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Maharashtra State Cooperative Bank Dhule in Dhule may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Maharashtra State Cooperative Bank in Dhule, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Maharashtra State Cooperative Bank website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Dhule to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is MSCI0082042.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Survey No.7, Galli No.4, Nagarpatti, Near Gandhi Statue, Dhule 424001 located in Dhule, Dhule, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.