Proddatur Co Operative Town Bank Proddatur Co-operative Town Bank Imps IFSC Code
Proddatur Co Operative Town Bank
IFSC · Used for NEFT, IMPS & RTGS
MICR · This branch may not process cheques.
Branch
Proddatur Co-operative Town Bank Imps
District
Proddatur
State
Maharashtra
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Frequently Asked Questions
About Proddatur Co Operative Town Bank Proddatur Co-operative Town Bank Imps (koneti Kalva Street Proddatu - 72pc), Proddatur
The IFSC code IBKL01272PC (lowercase: ibkl01272pc) belongs to Proddatur Co Operative Town Bank, specifically the Proddatur Co-operative Town Bank Imps (koneti Kalva Street Proddatu - 72pc) branch located in Proddatur, Maharashtra.
The 5th character in the IFSC code IBKL01272PC is a zero (0), not the letter 'O'. The correct format is IBKL01272PC (lowercase: ibkl01272pc), and not IBKLO1272PC. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of Proddatur Co Operative Town Bank Proddatur Co-operative Town Bank Imps (koneti Kalva Street Proddatu - 72pc) in Proddatur, Maharashtra is IBKL01272PC. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
Proddatur Co Operative Town Bank Proddatur Co-operative Town Bank Imps (koneti Kalva Street Proddatu - 72pc) is located at 10 By 650,koneti Kalva Street,proddatur 516361, Proddatur, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.
The MICR code for Proddatur Co Operative Town Bank Proddatur Co-operative Town Bank Imps (koneti Kalva Street Proddatu - 72pc) in Proddatur is printed at the bottom of your cheque leaf. If you cannot locate it, contact your branch directly or check your passbook.
Yes. IFSC code IBKL01272PC is valid for all three RBI-regulated transfer modes: NEFT (settled in 30-minute batches, no minimum), RTGS (real-time, minimum ₹2 lakh), and IMPS (instant, up to ₹5 lakh). All modes are available 24×7×365 as per RBI guidelines issued in December 2019.
You can verify IFSC code IBKL01272PC by checking: (1) The top-left corner of any Proddatur Co Operative Town Bank Proddatur Co-operative Town Bank Imps (koneti Kalva Street Proddatu - 72pc) cheque leaf, (2) The first page of your Proddatur Co Operative Town Bank passbook, (3) Your net banking or mobile banking app under "Branch Details", or (4) The RBI's official IFSC lookup at rbi.org.in.
Understanding IFSC Code: IBKL01272PC
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
IBKL01272PC
What Each Part Means
- Bank Code — IBKL
- The first 4 characters uniquely identify Proddatur Co Operative Town Bank at the national level. Every branch of Proddatur Co Operative Town Bank across all states shares this same prefix. It is assigned by the RBI and never changes.
- Reserved — 0
- The 5th character is always 0 (zero), reserved by the RBI for future use. It acts as a separator between the bank identifier and the branch-specific code and is mandatory in all electronic fund transfer systems.
- Branch Code — 1272PC
- The final 6 characters 1272PC uniquely identify this specific branch within the Proddatur Co Operative Town Bank network. No two branches share the same branch code. Use this code to verify you have the correct branch before initiating any NEFT, RTGS, or IMPS transfer.
| Segment | Chars | Value | Purpose |
|---|---|---|---|
| Bank Code | 1–4 | IBKL | Identifies Proddatur Co Operative Town Bank |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | 1272PC | Unique to this branch |
Where to Find IFSC & MICR on Your Cheque
Interactive cheque leaf mockup — highlighted fields show live values from this branch
Swipe left to view full cheque
Proddatur Co Operative Town Bank
Proddatur Co-operative Town Bank Imps (koneti Kalva Street Proddatu - 72pc), Proddatur, Maharashtra
Cheque No.
00001272
A/c No.
Authorised Signatory
IFSC vs MICR — Functional Comparison
Two different codes, two different banking systems
| Feature | IFSC Code | MICR Code |
|---|---|---|
| Full Form | Indian Financial System Code | Magnetic Ink Character Recognition |
| Length & Format | 11 characters — alphanumeric | 9 digits — numeric only |
| This Branch | IBKL01272PC | Not available |
| Primary Use | Electronic fund transfers: NEFT, RTGS, IMPS, UPI | Physical cheque clearing at clearing houses |
| Medium | Digital / online — no physical document needed | Printed in magnetic ink on cheque leaf bottom band |
| Processing Speed | Real-time (IMPS/UPI) or 30-min batches (NEFT) | T+1 or T+2 clearing cycle via RBI clearing houses |
| Where to Find It | Cheque leaf (top area), passbook first page, net banking | Bottom band of cheque leaf (the printed magnetic strip) |
| Assigned By | RBI — permanent unless branch is relocated/merged | RBI — encodes city (3) + bank (3) + branch (3) digits |
| Required For | Adding a payee / beneficiary for online transfer | Cheque book issuance and clearing house processing |
Source: Reserve Bank of India (RBI) Payment Systems Guidelines. IFSC mandatory for NEFT/RTGS/IMPS since 2010; MICR used by CTS-2010 standard cheque clearing.