The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Sutex Cooperative Bank Limited for its Athwalines branch in Surat, Surat, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Sutex Cooperative Bank Limited located in Surat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SUTB0248008. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Sutex Cooperative Bank Limited, Athwalines, Surat
Here are the key points that are associated with the IFSC Code SUTB0248008 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 | SUTB0248008 |
| Branch | Athwalines |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | Anjan Salakha Bldg., Nr.New Dist.Court Bldg., Athwalines, Surat-395001,Gujarat (India). |
These details are crucial, not just for online banking users but also for businesses and individuals who use Sutex Cooperative Bank Limited in Surat for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUTB0248008 for the Athwalines branch of Sutex Cooperative Bank Limited has 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 Athwalines, Surat, Gujarat, are allotted a unique IFSC like SUTB0248008 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 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 makes sure that money sent to Sutex Cooperative Bank Limited in Athwalines reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code SUTB0248008
The format of the IFSC Code for banks, including Sutex Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Sutex Cooperative Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Athwalines in Surat.
For example, the IFSC Code SUTB0248008 of Sutex Cooperative Bank Limited for the Athwalines branch has these elements, identifying the bank and the branch location in Surat and Gujarat correctly.
How to Find IFSC Code for Sutex Cooperative Bank Limited?
If you are trying to find the IFSC Code SUTB0248008 of Sutex Cooperative Bank Limited for its Athwalines branch located in Surat, the following methods can help:
Cheque Book
The cheque book issued by Sutex Cooperative Bank Limited 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 Sutex Cooperative Bank Limited branches in Surat and Surat, print them on the first page of your passbook.
Bank Website
Visit the official website of Sutex Cooperative Bank Limited and navigate to the branch locator section. Search for Athwalines or Surat to get the exact IFSC Code SUTB0248008.
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 keeps an updated list of all IFSC codes. If you search for Sutex Cooperative Bank Limited and Surat, you'll get the correct details.
How to Use IFSC Code SUTB0248008 for Online Transfers?
If you have the IFSC Code SUTB0248008 for the Athwalines branch of Sutex Cooperative Bank Limited in Surat, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SUTB0248008. 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 Sutex Cooperative Bank Limited IFSC Code SUTB0248008.
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 Sutex Cooperative Bank Limited Athwalines in Surat, it may 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 Sutex Cooperative Bank Limited in Athwalines, 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 Sutex Cooperative Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Surat manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Athwalines Surat branch is SUTB0248008.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Anjan Salakha Bldg., Nr.New Dist.Court Bldg., Athwalines, Surat-395001,Gujarat (India)..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.