For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Satara Sahakari Bank Ltd for its Vashi branch in Navi Mumbai, Navi Mumbai, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Satara Sahakari Bank Ltd located in Navi Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code TSSB0000008. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Satara Sahakari Bank Ltd, Vashi, Navi Mumbai
The table below shows the main details of the IFSC Code TSSB0000008 for the Satara Sahakari Bank Ltd branch in Navi Mumbai, which falls under the Navi Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Satara Sahakari Bank Ltd |
| IFSC Code | TSSB0000008 |
| Branch | Vashi |
| City | Navi Mumbai |
| District | Navi Mumbai |
| State | Maharashtra |
| Address | G-5,Central Facility Building,Vegetable& Fruit Market,Vashi,Vashi Turbhe |
These details are important not only for users using online banking but also for businesses and individuals who use Satara Sahakari Bank Ltd in Navi Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code TSSB0000008 for the Vashi branch of Satara Sahakari Bank Ltd is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like TSSB0000008 is given to every bank branch, including Satara Sahakari Bank Ltd located in Vashi, Navi Mumbai, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Satara Sahakari Bank Ltd branch in Navi Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Navi Mumbai and Navi Mumbai.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Satara Sahakari Bank Ltd in Vashi doesn't end up at another location.
Format of the IFSC Code TSSB0000008
The format of the IFSC Code for banks, including Satara Sahakari Bank Ltd, has 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 Vashi in Navi Mumbai.
For example, the IFSC Code TSSB0000008 of Satara Sahakari Bank Ltd for the Vashi branch includes these elements, identifying the bank and the branch location in Navi Mumbai and Maharashtra correctly.
How to Find IFSC Code for Satara Sahakari Bank Ltd?
If you are trying to find the IFSC Code TSSB0000008 of Satara Sahakari Bank Ltd for its Vashi branch located in Navi 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 Navi Mumbai and Navi 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 Vashi or Navi Mumbai to get the exact IFSC Code TSSB0000008.
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 Navi Mumbai, you'll get the correct details.
How to Use IFSC Code TSSB0000008 for Online Transfers?
If you have the IFSC Code TSSB0000008 for the Vashi branch of Satara Sahakari Bank Ltd in Navi Mumbai, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code TSSB0000008. 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 TSSB0000008.
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 Vashi in Navi Mumbai, 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 Vashi, 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 Navi Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is TSSB0000008.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is G-5,Central Facility Building,Vegetable& Fruit Market,Vashi,Vashi Turbhe located in Navi Mumbai, Navi Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.