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IFSC Code of The Thane Bharat Sahakari Bank Limited, Panvel, Raigad, Maharashtra — TBSB0000022

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Thane Bharat Sahakari Bank Limited for its Panvel branch in Panvel, Raigad, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of The Thane Bharat Sahakari Bank Limited located in Panvel or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code TBSB0000022. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for The Thane Bharat Sahakari Bank Limited, Panvel, Panvel

Here are some of the key details that come with the IFSC Code TBSB0000022 of The Thane Bharat Sahakari Bank Limited for its branch located in Panvel, within the district of Raigad in the state of Maharashtra.

Particulars Details
Bank The Thane Bharat Sahakari Bank Limited
IFSC Code TBSB0000022
Branch Panvel
City Panvel
District Raigad
State Maharashtra
Address Shree Basav-Nilaya, Gr.Floor, Plot No-152,

These details help users in online banking and for businesses and individuals who use The Thane Bharat Sahakari Bank Limited in Panvel for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code TBSB0000022 for the Panvel branch of The Thane Bharat Sahakari Bank Limited has a very important 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, including The Thane Bharat Sahakari Bank Limited located in Panvel, Panvel, Maharashtra, is provided with a unique IFSC like TBSB0000022 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the The Thane Bharat Sahakari Bank Limited branch in Panvel.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Panvel and Raigad.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Thane Bharat Sahakari Bank Limited in Panvel do not get mixed with another location.

Format of the IFSC Code TBSB0000022

The format of the IFSC Code for banks, including The Thane Bharat Sahakari Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For The Thane Bharat Sahakari Bank Limited, 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 Panvel in Panvel.

For example, the IFSC Code TBSB0000022 of The Thane Bharat Sahakari Bank Limited for the Panvel branch includes these elements, identifying the bank and the branch location in Panvel and Maharashtra accurately.

How to Find IFSC Code for The Thane Bharat Sahakari Bank Limited?

If you are trying to find the IFSC Code TBSB0000022 of The Thane Bharat Sahakari Bank Limited for its Panvel branch located in Panvel, the following methods can help:

Cheque Book

The cheque books that are issued by The Thane Bharat Sahakari Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including The Thane Bharat Sahakari Bank Limited branches in Panvel and Raigad, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of The Thane Bharat Sahakari Bank Limited and find the branch locator section. Search for Panvel or Panvel to get the exact IFSC Code TBSB0000022.

Mobile Banking App

If you use The Thane Bharat Sahakari Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for The Thane Bharat Sahakari Bank Limited and Panvel that will provide accurate information.

How to Use IFSC Code TBSB0000022 for Online Transfers?

Once you have the IFSC Code TBSB0000022 for the Panvel branch of The Thane Bharat Sahakari Bank Limited in Panvel, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code TBSB0000022. The transfer is completed in batches instead of instantly. It is useful for both 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 The Thane Bharat Sahakari Bank Limited IFSC Code TBSB0000022.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Thane Bharat Sahakari Bank Limited Panvel in Panvel, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of The Thane Bharat Sahakari Bank Limited in Panvel, here are some of the ways you can get it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official The Thane Bharat Sahakari Bank Limited website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Panvel manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Thane Bharat Sahakari Bank Limited in Panvel, Panvel?

The IFSC Code is TBSB0000022.

Is the IFSC Code TBSB0000022 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of The Thane Bharat Sahakari Bank Limited Panvel?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Panvel branch?

The address of the branch is Shree Basav-Nilaya, Gr.Floor, Plot No-152, located in Panvel, Raigad, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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