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 Pune branch in Pune, Pune, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code TSSB0000018. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Satara Sahakari Bank Ltd, Pune, Pune

The table below shows the main details of the IFSC Code TSSB0000018 for the Satara Sahakari Bank Ltd branch in Pune, which falls under the Pune district in Maharashtra.

Particulars Details
Bank Satara Sahakari Bank Ltd
IFSC Code TSSB0000018
Branch Pune
City Pune
District Pune
State Maharashtra
Address Shop No F-1/F-2,Ground Floor,Sector 20,Flat No Lc-1,Sane Chowk,Chinchwad Road,Pune

These details are essential not only for online banking users but also for businesses and individuals who use Satara Sahakari Bank Ltd in Pune for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code TSSB0000018 for the Pune branch of Satara Sahakari Bank Ltd plays 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, along with Satara Sahakari Bank Ltd located in Pune, Pune, Maharashtra, are given a unique IFSC like TSSB0000018 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Pune.
  • 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 Pune and Pune.
  • 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 Pune 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 TSSB0000018

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 Pune in Pune.

For example, the IFSC Code TSSB0000018 of Satara Sahakari Bank Ltd for the Pune branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.

How to Find IFSC Code for Satara Sahakari Bank Ltd?

If you are trying to find the IFSC Code TSSB0000018 of Satara Sahakari Bank Ltd for its Pune branch located in Pune, 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 Pune and Pune, 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 Pune or Pune to get the exact IFSC Code TSSB0000018.

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 Pune, you'll get the correct details.

How to Use IFSC Code TSSB0000018 for Online Transfers?

Once you have the IFSC Code TSSB0000018 for the Pune branch of Satara Sahakari Bank Ltd in Pune, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code TSSB0000018. 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 TSSB0000018.

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 Pune in Pune, it can 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 Pune, 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 Pune 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 Pune, Pune?

The IFSC Code is TSSB0000018.

Is the IFSC Code TSSB0000018 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Pune branch?

The address of the branch is Shop No F-1/F-2,Ground Floor,Sector 20,Flat No Lc-1,Sane Chowk,Chinchwad Road,Pune located in Pune, Pune, 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.