IFSCIndex

Shahada Peoples Co Operative Bank Shahada Peoples Coop Bank Taloda IFSC Code

Shahada Peoples Co Operative Bank Logo

Shahada Peoples Co Operative Bank

YESB0SPCB03

IFSC · Used for NEFT, IMPS & RTGS

425867501

MICR · Used for Cheque Clearance

Branch

Shahada Peoples Coop Bank Taloda

Address

Near Jain Temple,taloda 425413

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District

Nandurbar

State

Maharashtra

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Frequently Asked Questions

About Shahada Peoples Co Operative Bank Shahada Peoples Coop Bank Taloda (near Jain Temple - Cb03), Nandurbar

The IFSC code YESB0SPCB03 (lowercase: yesb0spcb03) belongs to Shahada Peoples Co Operative Bank, specifically the Shahada Peoples Coop Bank Taloda (near Jain Temple - Cb03) branch located in Nandurbar, Maharashtra.

The 5th character in the IFSC code YESB0SPCB03 is a zero (0), not the letter 'O'. The correct format is YESB0SPCB03 (lowercase: yesb0spcb03), and not YESBOSPCB03. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.

The IFSC code of Shahada Peoples Co Operative Bank Shahada Peoples Coop Bank Taloda (near Jain Temple - Cb03) in Nandurbar, Maharashtra is YESB0SPCB03. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.

Shahada Peoples Co Operative Bank Shahada Peoples Coop Bank Taloda (near Jain Temple - Cb03) is located at Near Jain Temple,taloda 425413, Nandurbar, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.

The MICR (Magnetic Ink Character Recognition) code of Shahada Peoples Co Operative Bank Shahada Peoples Coop Bank Taloda (near Jain Temple - Cb03) is 425867501. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.

Yes. IFSC code YESB0SPCB03 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 YESB0SPCB03 by checking: (1) The top-left corner of any Shahada Peoples Co Operative Bank Shahada Peoples Coop Bank Taloda (near Jain Temple - Cb03) cheque leaf, (2) The first page of your Shahada Peoples Co Operative 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: YESB0SPCB03

Decoded structure — 4 + 1 + 6 characters

Visual Breakdown

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YESB
Bank Codechars 1–4
0Reservedchar 5
SPCB03
Branch Codechars 6–11

YESB0SPCB03

What Each Part Means

Bank Code — YESB
The first 4 characters uniquely identify Shahada Peoples Co Operative Bank at the national level. Every branch of Shahada Peoples Co Operative 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 — SPCB03
The final 6 characters SPCB03 uniquely identify this specific branch within the Shahada Peoples Co Operative 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.
Quick reference for IFSC code YESB0SPCB03
SegmentCharsValuePurpose
Bank Code1–4YESBIdentifies Shahada Peoples Co Operative Bank
Reserved50RBI reserved (always 0)
Branch Code6–11SPCB03Unique to this branch

Where to Find IFSC & MICR on Your Cheque

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IFSC vs MICR — Functional Comparison

Two different codes, two different banking systems

FeatureIFSC CodeMICR Code
Full FormIndian Financial System CodeMagnetic Ink Character Recognition
Length & Format11 characters — alphanumeric9 digits — numeric only
This BranchYESB0SPCB03425867501
Primary UseElectronic fund transfers: NEFT, RTGS, IMPS, UPIPhysical cheque clearing at clearing houses
MediumDigital / online — no physical document neededPrinted in magnetic ink on cheque leaf bottom band
Processing SpeedReal-time (IMPS/UPI) or 30-min batches (NEFT)T+1 or T+2 clearing cycle via RBI clearing houses
Where to Find ItCheque leaf (top area), passbook first page, net bankingBottom band of cheque leaf (the printed magnetic strip)
Assigned ByRBI — permanent unless branch is relocated/mergedRBI — encodes city (3) + bank (3) + branch (3) digits
Required ForAdding a payee / beneficiary for online transferCheque 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.

Disclaimer: All IFSC code and branch address data is sourced directly from the Reserve Bank of India (RBI) master registry. While we apply formatting to improve readability, IFSC Code World is not responsible for geographical discrepancies or inaccuracies originating from the central database. Please verify critical routing information with your home branch before initiating large transfers.