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 Kandivli 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 TSSB0000009. 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, Kandivli, Mumbai
Below in the table are the key details related to IFSC Code TSSB0000009 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 | TSSB0000009 |
| Branch | Kandivli |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Bldg.No.A-7,Shop No.59,60,Saraf Choudhary Nagar,Thakur Complex,Kandivali |
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 TSSB0000009 for the Kandivli 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Satara Sahakari Bank Ltd located in Kandivli, Mumbai, Maharashtra, is provided a unique IFSC like TSSB0000009 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Satara Sahakari Bank Ltd branch in Mumbai.
- 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 Mumbai and Mumbai.
- 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Satara Sahakari Bank Ltd in Kandivli do not get misguided to another person.
Format of the IFSC Code TSSB0000009
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 Kandivli in Mumbai.
For example, the IFSC Code TSSB0000009 of Satara Sahakari Bank Ltd for the Kandivli 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?
If you are trying to find the IFSC Code TSSB0000009 of Satara Sahakari Bank Ltd for its Kandivli branch located in Mumbai, the following methods can help:
Cheque Book
The cheque books that are issued by Satara Sahakari Bank Ltd include the IFSC Code which is printed on each cheque and 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 find the branch locator section. Search for Kandivli or Mumbai to get the exact IFSC Code TSSB0000009.
Mobile Banking App
If you use Satara Sahakari Bank Ltd's mobile app, you can easily 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 to help you in searching for Satara Sahakari Bank Ltd and Mumbai that will provide accurate information.
How to Use IFSC Code TSSB0000009 for Online Transfers?
Once you have the IFSC Code TSSB0000009 for the Kandivli 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 TSSB0000009. 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 TSSB0000009.
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 Kandivli in Mumbai, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Satara Sahakari Bank Ltd in Kandivli, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Satara Sahakari Bank Ltd website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is TSSB0000009.
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 Bldg.No.A-7,Shop No.59,60,Saraf Choudhary Nagar,Thakur Complex,Kandivali located in Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.