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 The Kolhapur Urban Co-Op Bank Ltd for its Bambawde Branch branch in Kolhapur, Ohpr, 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 The Kolhapur Urban Co-Op Bank Ltd situated in Kolhapur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code KOLH0000019. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for The Kolhapur Urban Co-Op Bank Ltd, Bambawde Branch, Kolhapur
Below in the table are the key details related to IFSC Code KOLH0000019 of The Kolhapur Urban Co-Op Bank Ltd for its branch located in Kolhapur, within the district of Ohpr in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Kolhapur Urban Co-Op Bank Ltd |
| IFSC Code | KOLH0000019 |
| Branch | Bambawde Branch |
| City | Kolhapur |
| District | Ohpr |
| State | Maharashtra |
| Address | H.No.626,Ground Floor,Bambwade Pishwi Road,Bambawade-416213 |
These details are important not only for users using online banking but also for businesses and individuals who use The Kolhapur Urban Co-Op Bank Ltd in Kolhapur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KOLH0000019 for the Bambawde Branch branch of The Kolhapur Urban Co-Op Bank Ltd is vital.
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 The Kolhapur Urban Co-Op Bank Ltd located in Bambawde Branch, Kolhapur, Maharashtra, are given a unique IFSC like KOLH0000019 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kolhapur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Kolhapur and Ohpr.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to The Kolhapur Urban Co-Op Bank Ltd in Bambawde Branch goes to the correct branch. This is important because The Kolhapur Urban Co-Op Bank Ltd has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code KOLH0000019
This is the format of the IFSC Code for banks, including The Kolhapur Urban Co-Op Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Kolhapur Urban Co-Op Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bambawde Branch in Kolhapur.
For example, the IFSC Code KOLH0000019 of The Kolhapur Urban Co-Op Bank Ltd for the Bambawde Branch branch includes these elements, identifying the bank and the branch location in Kolhapur and Maharashtra accurately.
How to Find IFSC Code for The Kolhapur Urban Co-Op Bank Ltd?
If you are trying to find the IFSC Code KOLH0000019 of The Kolhapur Urban Co-Op Bank Ltd for its Bambawde Branch branch located in Kolhapur, the following methods can help:
Cheque Book
The cheque book issued by The Kolhapur Urban Co-Op Bank Ltd includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including The Kolhapur Urban Co-Op Bank Ltd branches in Kolhapur and Ohpr, print them on the first page of your passbook.
Bank Website
Visit the official website of The Kolhapur Urban Co-Op Bank Ltd and navigate to the branch locator section. Search for Bambawde Branch or Kolhapur to get the exact IFSC Code KOLH0000019.
Mobile Banking App
If you use The Kolhapur Urban Co-Op Bank Ltd's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for The Kolhapur Urban Co-Op Bank Ltd and Kolhapur, you'll get the correct details.
How to Use IFSC Code KOLH0000019 for Online Transfers?
If you have the IFSC Code KOLH0000019 for the Bambawde Branch branch of The Kolhapur Urban Co-Op Bank Ltd in Kolhapur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KOLH0000019. Transfers are processed in batches. 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. Asks for the recipient's account details and The Kolhapur Urban Co-Op Bank Ltd IFSC Code KOLH0000019.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Kolhapur Urban Co-Op Bank Ltd Bambawde Branch in Kolhapur, it 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 The Kolhapur Urban Co-Op Bank Ltd in Bambawde Branch, 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 The Kolhapur Urban Co-Op Bank Ltd website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Kolhapur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KOLH0000019.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is H.No.626,Ground Floor,Bambwade Pishwi Road,Bambawade-416213 located in Kolhapur, Ohpr, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.