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 Durgapur Steel Peoples Co-Operative Bank Ltd for its Kalidas Road branch in Durgapur, Durgapur, or Paschim Bardhaman, 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 Durgapur Steel Peoples Co-Operative Bank Ltd located in Durgapur or anywhere in Paschim Bardhaman can transfer funds instantly by using the correct IFSC Code DURG0000004. 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 Durgapur Steel Peoples Co-Operative Bank Ltd, Kalidas Road, Durgapur
Here are some of the key details that come with the IFSC Code DURG0000004 of Durgapur Steel Peoples Co-Operative Bank Ltd for its branch located in Durgapur, within the district of Durgapur in the state of Paschim Bardhaman.
| Particulars | Details |
|---|---|
| Bank | Durgapur Steel Peoples Co-Operative Bank Ltd |
| IFSC Code | DURG0000004 |
| Branch | Kalidas Road |
| City | Durgapur |
| District | Durgapur |
| State | Paschim Bardhaman |
| Address | 50 Kalidas Road B Zone 713205 |
These details are important not only for users using online banking but also for businesses and individuals who use Durgapur Steel Peoples Co-Operative Bank Ltd in Durgapur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code DURG0000004 for the Kalidas Road branch of Durgapur Steel Peoples Co-Operative Bank Ltd is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Durgapur Steel Peoples Co-Operative Bank Ltd located in Kalidas Road, Durgapur, Paschim Bardhaman, is provided a unique IFSC like DURG0000004 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Durgapur Steel Peoples Co-Operative Bank Ltd branch in Durgapur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Durgapur and Durgapur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Paschim Bardhaman and the rest of India, the IFSC Code ensures that transactions meant for Durgapur Steel Peoples Co-Operative Bank Ltd in Kalidas Road do not get misguided to another person.
Format of the IFSC Code DURG0000004
This is the format of the IFSC Code for banks, including Durgapur Steel Peoples Co-Operative Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Durgapur Steel Peoples Co-Operative 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 Kalidas Road in Durgapur.
For example, the IFSC Code DURG0000004 of Durgapur Steel Peoples Co-Operative Bank Ltd for the Kalidas Road branch includes these elements, identifying the bank and the branch location in Durgapur and Paschim Bardhaman accurately.
How to Find IFSC Code for Durgapur Steel Peoples Co-Operative Bank Ltd?
If you are trying to find the IFSC Code DURG0000004 of Durgapur Steel Peoples Co-Operative Bank Ltd for its Kalidas Road branch located in Durgapur, the following methods can help:
Cheque Book
The cheque book issued by Durgapur Steel Peoples Co-Operative Bank Ltd includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Durgapur Steel Peoples Co-Operative Bank Ltd branches in Durgapur and Durgapur, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Durgapur Steel Peoples Co-Operative Bank Ltd and navigate to the branch locator section. Search for Kalidas Road or Durgapur to get the exact IFSC Code DURG0000004.
Mobile Banking App
If you use Durgapur Steel Peoples Co-Operative 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 Durgapur Steel Peoples Co-Operative Bank Ltd and Durgapur, you'll get the correct details.
How to Use IFSC Code DURG0000004 for Online Transfers?
Once you have the IFSC Code DURG0000004 for the Kalidas Road branch of Durgapur Steel Peoples Co-Operative Bank Ltd in Durgapur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code DURG0000004. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 Durgapur Steel Peoples Co-Operative Bank Ltd IFSC Code DURG0000004.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Durgapur Steel Peoples Co-Operative Bank Ltd Kalidas Road in Durgapur, your payment can get delayed or might not go through at all.
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 Durgapur Steel Peoples Co-Operative Bank Ltd in Kalidas Road, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Durgapur Steel Peoples Co-Operative Bank Ltd website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Durgapur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is DURG0000004.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 50 Kalidas Road B Zone 713205 located in Durgapur, Durgapur, Paschim Bardhaman.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.