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 Sutex Cooperative Bank Limited for its Adajan-Pal Raod branch in Surat, Surat, Gujarat, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Sutex Cooperative Bank Limited situated in Surat or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code SUTB0248018. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Sutex Cooperative Bank Limited, Adajan-Pal Raod, Surat
Below in the table are the key details related to IFSC Code SUTB0248018 of Sutex Cooperative Bank Limited for its branch located in Surat, within the district of Surat in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Sutex Cooperative Bank Limited |
| IFSC Code | SUTB0248018 |
| Branch | Adajan-Pal Raod |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | 1St Floor, J-9 Centre, Near Star Bazaar, Adajan Road |
These details are essential not only for online banking users but also for businesses and individuals who use Sutex Cooperative Bank Limited in Surat for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUTB0248018 for the Adajan-Pal Raod branch of Sutex Cooperative Bank Limited 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 Sutex Cooperative Bank Limited located in Adajan-Pal Raod, Surat, Gujarat, are given a unique IFSC like SUTB0248018 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Surat.
- 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 Surat and Surat.
- 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 Sutex Cooperative Bank Limited in Adajan-Pal Raod goes to the correct branch. This is important because Sutex Cooperative Bank Limited has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SUTB0248018
The format of the IFSC Code for banks, including Sutex Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Sutex Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Adajan-Pal Raod in Surat.
For example, the IFSC Code SUTB0248018 of Sutex Cooperative Bank Limited for the Adajan-Pal Raod branch includes these elements, identifying the bank and the branch location in Surat and Gujarat accurately.
How to Find IFSC Code for Sutex Cooperative Bank Limited?
To find the IFSC Code SUTB0248018 of Sutex Cooperative Bank Limited for its Adajan-Pal Raod branch located in Surat, the following methods can help you out:
Cheque Book
The cheque book issued by Sutex Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Sutex Cooperative Bank Limited branches in Surat and Surat, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Sutex Cooperative Bank Limited and go to the branch locator section. Then search for Adajan-Pal Raod or Surat to find the exact IFSC Code SUTB0248018.
Mobile Banking App
If you use Sutex Cooperative Bank Limited'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 Sutex Cooperative Bank Limited and Surat will provide accurate information.
How to Use IFSC Code SUTB0248018 for Online Transfers?
Once you have the IFSC Code SUTB0248018 for the Adajan-Pal Raod branch of Sutex Cooperative Bank Limited in Surat, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SUTB0248018. 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 Sutex Cooperative Bank Limited IFSC Code SUTB0248018.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Sutex Cooperative Bank Limited Adajan-Pal Raod in Surat, 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 Sutex Cooperative Bank Limited in Adajan-Pal Raod, 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 Sutex Cooperative Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Surat to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SUTB0248018.
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 1St Floor, J-9 Centre, Near Star Bazaar, Adajan Road located in Surat, Surat, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.