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 Gopipura 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 SUTB0248005. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Sutex Cooperative Bank Limited, Gopipura, Surat
Here are the main details that are associated with the IFSC Code SUTB0248005 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 | SUTB0248005 |
| Branch | Gopipura |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | Subhash Chowk, Gopipura,Surat-395003,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 SUTB0248005 for the Gopipura 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 that is provided by the Reserve Bank of India. A unique IFSC like SUTB0248005 is given to every bank branch, including Sutex Cooperative Bank Limited located in Gopipura, Surat, Gujarat, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Sutex Cooperative Bank Limited branch in Surat.
- 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 Surat and Surat.
- 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 Gujarat and the rest of India, which is why the IFSC Code ensures that transactions meant for Sutex Cooperative Bank Limited in Gopipura doesn't end up at another location.
Format of the IFSC Code SUTB0248005
This is the format of the IFSC Code for banks, including Sutex Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Sutex Cooperative Bank Limited, 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 Gopipura in Surat.
For example, the IFSC Code SUTB0248005 of Sutex Cooperative Bank Limited for the Gopipura 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?
If you are trying to find the IFSC Code SUTB0248005 of Sutex Cooperative Bank Limited for its Gopipura 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
Most banks, including Sutex Cooperative Bank Limited branches in Surat and Surat, print the IFSC and MICR codes 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 Gopipura or Surat to get the exact IFSC Code SUTB0248005.
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 SUTB0248005 for Online Transfers?
Once you have the IFSC Code SUTB0248005 for the Gopipura 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 SUTB0248005. 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 SUTB0248005.
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 Gopipura in Surat, your payment can get delayed or might not go through at all.
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 Gopipura, 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 is SUTB0248005.
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 Subhash Chowk, Gopipura,Surat-395003,Gujarat (India). located in Surat, Surat, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.