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IFSC Code of Satara Sahakari Bank Ltd, Kumbharwada, Mumbai, Maharashtra — TSSB0000005

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Satara Sahakari Bank Ltd for its Kumbharwada branch in Mumbai, Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Satara Sahakari Bank Ltd situated in Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code TSSB0000005. You should 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, Kumbharwada, Mumbai

Here are some of the key details that come with the IFSC Code TSSB0000005 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 TSSB0000005
Branch Kumbharwada
City Mumbai
District Mumbai
State Maharashtra
Address Alankar Cinema Bldg,1St Floor,245/247 Khetwadi Lane,S.V.P.Road,Kumbharwada

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 TSSB0000005 for the Kumbharwada 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 Kumbharwada, Mumbai, Maharashtra, is provided a unique IFSC like TSSB0000005 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 Kumbharwada do not get misguided to another person.

Format of the IFSC Code TSSB0000005

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 Kumbharwada in Mumbai.

For example, the IFSC Code TSSB0000005 of Satara Sahakari Bank Ltd for the Kumbharwada 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 TSSB0000005 of Satara Sahakari Bank Ltd for its Kumbharwada branch located in Mumbai, 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

You can easily find the IFSC and MICR codes because most banks, including Satara Sahakari Bank Ltd branches in Mumbai and Mumbai, print them 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 Kumbharwada or Mumbai to get the exact IFSC Code TSSB0000005.

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 Mumbai, you'll get the correct details.

How to Use IFSC Code TSSB0000005 for Online Transfers?

Once you have the IFSC Code TSSB0000005 for the Kumbharwada branch of Satara Sahakari Bank Ltd in Mumbai, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code TSSB0000005. 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 Satara Sahakari Bank Ltd IFSC Code TSSB0000005.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Satara Sahakari Bank Ltd Kumbharwada in Mumbai, 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 Satara Sahakari Bank Ltd in Kumbharwada, 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 Mumbai to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Satara Sahakari Bank Ltd in Kumbharwada, Mumbai?

The IFSC Code is TSSB0000005.

Is the IFSC Code TSSB0000005 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Satara Sahakari Bank Ltd Kumbharwada?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kumbharwada branch?

The address of the branch is Alankar Cinema Bldg,1St Floor,245/247 Khetwadi Lane,S.V.P.Road,Kumbharwada located in Mumbai, Mumbai, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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