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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Satara Sahakari Bank Ltd for its Karad branch in Karad, Satara, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Satara Sahakari Bank Ltd located in Karad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code TSSB0000019. 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 Satara Sahakari Bank Ltd, Karad, Karad
Below in the table are the key details related to IFSC Code TSSB0000019 of Satara Sahakari Bank Ltd for its branch located in Karad, within the district of Satara in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Satara Sahakari Bank Ltd |
| IFSC Code | TSSB0000019 |
| Branch | Karad |
| City | Karad |
| District | Satara |
| State | Maharashtra |
| Address | Oyheonflooshopno45N6Finlplotno.482Tsno.707Shniwpethtlbhk |
These details are crucial, not just for online banking users but also for businesses and individuals who use Satara Sahakari Bank Ltd in Karad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code TSSB0000019 for the Karad branch of Satara Sahakari Bank Ltd has an 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 Satara Sahakari Bank Ltd located in Karad, Karad, Maharashtra, is provided with a unique IFSC like TSSB0000019 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Satara Sahakari Bank Ltd branch in Karad.
- 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 Karad and Satara.
- 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 Satara Sahakari Bank Ltd in Karad do not get mixed with another location.
Format of the IFSC Code TSSB0000019
This is the format of the IFSC Code for banks, including Satara Sahakari Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Satara Sahakari 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 Karad in Karad.
For example, the IFSC Code TSSB0000019 of Satara Sahakari Bank Ltd for the Karad branch includes these elements, identifying the bank and the branch location in Karad and Maharashtra accurately.
How to Find IFSC Code for Satara Sahakari Bank Ltd?
If you are trying to find the IFSC Code TSSB0000019 of Satara Sahakari Bank Ltd for its Karad branch located in Karad, the following methods can help:
Cheque Book
The cheque book issued by Satara Sahakari Bank Ltd includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Satara Sahakari Bank Ltd branches in Karad and Satara, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Satara Sahakari Bank Ltd and navigate to the branch locator section. Search for Karad or Karad to get the exact IFSC Code TSSB0000019.
Mobile Banking App
If you use Satara Sahakari 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 Satara Sahakari Bank Ltd and Karad, you'll get the correct details.
How to Use IFSC Code TSSB0000019 for Online Transfers?
If you have the IFSC Code TSSB0000019 for the Karad branch of Satara Sahakari Bank Ltd in Karad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code TSSB0000019. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Satara Sahakari Bank Ltd IFSC Code TSSB0000019.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Satara Sahakari Bank Ltd Karad in Karad, it may result in delayed or failed transactions.
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 Satara Sahakari Bank Ltd in Karad, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Satara Sahakari Bank Ltd website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Karad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Karad Karad branch is TSSB0000019.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Oyheonflooshopno45N6Finlplotno.482Tsno.707Shniwpethtlbhk.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.