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 Satara Sahakari Bank Ltd for its Ghodapdev branch in Mumbai, Mumbai, or Maharashtra, 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 Satara Sahakari Bank Ltd located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code TSSB0000003. 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, Ghodapdev, Mumbai
Here are the key points that are associated with the IFSC Code TSSB0000003 of Satara Sahakari Bank Ltd for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Satara Sahakari Bank Ltd |
| IFSC Code | TSSB0000003 |
| Branch | Ghodapdev |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Akashdeep Co.Op.Hsg.Soc,251,Rambhau Bhogale Marg,Ghodapdeo |
These details helps users in online banking and for businesses and individuals who use Satara Sahakari Bank Ltd in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code TSSB0000003 for the Ghodapdev branch of Satara Sahakari Bank Ltd plays a vital 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, along with Satara Sahakari Bank Ltd located in Ghodapdev, Mumbai, Maharashtra, are given a unique IFSC like TSSB0000003 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Mumbai and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Satara Sahakari Bank Ltd in Ghodapdev goes to the correct branch. This is important because Satara Sahakari Bank Ltd has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code TSSB0000003
The format of the IFSC Code for banks, including Satara Sahakari Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Satara Sahakari Bank Ltd, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ghodapdev in Mumbai.
For example, the IFSC Code TSSB0000003 of Satara Sahakari Bank Ltd for the Ghodapdev branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.
How to Find IFSC Code for Satara Sahakari Bank Ltd?
To find the IFSC Code TSSB0000003 of Satara Sahakari Bank Ltd for its Ghodapdev branch located in Mumbai, the following methods can help you out:
Cheque Book
The cheque book issued by Satara Sahakari Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Satara Sahakari Bank Ltd branches in Mumbai and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Satara Sahakari Bank Ltd and go to the branch locator section. Then search for Ghodapdev or Mumbai to find the exact IFSC Code TSSB0000003.
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 maintains an updated database of all IFSC codes. Searching for Satara Sahakari Bank Ltd and Mumbai will provide accurate information.
How to Use IFSC Code TSSB0000003 for Online Transfers?
Once you have the IFSC Code TSSB0000003 for the Ghodapdev branch of Satara Sahakari Bank Ltd in Mumbai, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code TSSB0000003. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Satara Sahakari Bank Ltd IFSC Code TSSB0000003.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Satara Sahakari Bank Ltd Ghodapdev in Mumbai, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Satara Sahakari Bank Ltd in Ghodapdev, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Mumbai manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ghodapdev Mumbai branch is TSSB0000003.
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 Akashdeep Co.Op.Hsg.Soc,251,Rambhau Bhogale Marg,Ghodapdeo.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.