Shri Basaveshwar Sahakari Bank Nytbagalkot Shri Basaveshwar Sahakari Bank Nyt.bagalkot Imps IFSC Code
Shri Basaveshwar Sahakari Bank Nytbagalkot
IFSC · Used for NEFT, IMPS & RTGS
MICR · Used for Cheque Clearance
Branch
Shri Basaveshwar Sahakari Bank Nyt.bagalkot Imps
District
Bagalkot
State
Maharashtra
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Frequently Asked Questions
About Shri Basaveshwar Sahakari Bank Nytbagalkot Shri Basaveshwar Sahakari Bank Nyt.bagalkot Imps (bank Circle Sector No 25 - Bsbn), Bagalkot
The IFSC code ICIC00SBSBN (lowercase: icic00sbsbn) belongs to Shri Basaveshwar Sahakari Bank Nytbagalkot, specifically the Shri Basaveshwar Sahakari Bank Nyt.bagalkot Imps (bank Circle Sector No 25 - Bsbn) branch located in Bagalkot, Maharashtra.
The 5th character in the IFSC code ICIC00SBSBN is a zero (0), not the letter 'O'. The correct format is ICIC00SBSBN (lowercase: icic00sbsbn), and not ICICO0SBSBN. According to RBI guidelines, the fifth character of all IFSC codes is reserved as a zero.
The IFSC code of Shri Basaveshwar Sahakari Bank Nytbagalkot Shri Basaveshwar Sahakari Bank Nyt.bagalkot Imps (bank Circle Sector No 25 - Bsbn) in Bagalkot, Maharashtra is ICIC00SBSBN. This 11-character code is required for all NEFT, RTGS and IMPS electronic fund transfers to this branch.
Shri Basaveshwar Sahakari Bank Nytbagalkot Shri Basaveshwar Sahakari Bank Nyt.bagalkot Imps (bank Circle Sector No 25 - Bsbn) is located at Basaveshwar Bank Circle,sector No. 25,navanagar,bagalkot 587103, Bagalkot, Maharashtra. You can click the "View on Google Maps" button on this page to get directions.
The MICR (Magnetic Ink Character Recognition) code of Shri Basaveshwar Sahakari Bank Nytbagalkot Shri Basaveshwar Sahakari Bank Nyt.bagalkot Imps (bank Circle Sector No 25 - Bsbn) is 587818002. MICR codes are used for cheque processing and are printed at the bottom of cheque leaves in magnetic ink.
Yes. IFSC code ICIC00SBSBN 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 ICIC00SBSBN by checking: (1) The top-left corner of any Shri Basaveshwar Sahakari Bank Nytbagalkot Shri Basaveshwar Sahakari Bank Nyt.bagalkot Imps (bank Circle Sector No 25 - Bsbn) cheque leaf, (2) The first page of your Shri Basaveshwar Sahakari Bank Nytbagalkot 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: ICIC00SBSBN
Decoded structure — 4 + 1 + 6 characters
Visual Breakdown
Swipe to see all
ICIC00SBSBN
What Each Part Means
- Bank Code — ICIC
- The first 4 characters uniquely identify Shri Basaveshwar Sahakari Bank Nytbagalkot at the national level. Every branch of Shri Basaveshwar Sahakari Bank Nytbagalkot 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 — 0SBSBN
- The final 6 characters 0SBSBN uniquely identify this specific branch within the Shri Basaveshwar Sahakari Bank Nytbagalkot 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 | ICIC | Identifies Shri Basaveshwar Sahakari Bank Nytbagalkot |
| Reserved | 5 | 0 | RBI reserved (always 0) |
| Branch Code | 6–11 | 0SBSBN | 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
Shri Basaveshwar Sahakari Bank Nytbagalkot
Shri Basaveshwar Sahakari Bank Nyt.bagalkot Imps (bank Circle Sector No 25 - Bsbn), Bagalkot, Maharashtra
Cheque No.
00000000
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 | ICIC00SBSBN | 587818002 |
| 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.