IFSC Code of Sutex Cooperative Bank Limited, Jahangirpura, Surat, Gujarat — SUTB0248020

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 Sutex Cooperative Bank Limited for its Jahangirpura branch in Surat, Surat, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly 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 SUTB0248020. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Sutex Cooperative Bank Limited, Jahangirpura, Surat

Below in the table are the key details related to IFSC Code SUTB0248020 of Sutex Cooperative Bank Limited for its branch located in Surat, within the district of Surat in the state of Gujarat.

These details are important not only for users using online banking but also for businesses and individuals who use Sutex Cooperative Bank Limited in Surat for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SUTB0248020 for the Jahangirpura branch of Sutex Cooperative Bank Limited 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 SUTB0248020 is given to every bank branch, including Sutex Cooperative Bank Limited located in Jahangirpura, 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 Jahangirpura doesn't end up at another location.

Format of the IFSC Code SUTB0248020

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 Jahangirpura in Surat.

For example, the IFSC Code SUTB0248020 of Sutex Cooperative Bank Limited for the Jahangirpura 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 SUTB0248020 of Sutex Cooperative Bank Limited for its Jahangirpura 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 Jahangirpura or Surat to get the exact IFSC Code SUTB0248020.

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 SUTB0248020 for Online Transfers?

If you have the IFSC Code SUTB0248020 for the Jahangirpura 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 SUTB0248020. 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 SUTB0248020.

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 Jahangirpura in Surat, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Sutex Cooperative Bank Limited in Jahangirpura, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Surat manage their online transfers and cheque clearances easily.