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 Katargam 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 SUTB0248004. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Sutex Cooperative Bank Limited, Katargam, Surat
Here are the key points that are associated with the IFSC Code SUTB0248004 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 | SUTB0248004 |
| Branch | Katargam |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | 163-B,Old Gidc, Katargam,Surat-395004, Gujarat (India). |
These details help users in online banking and for businesses and individuals who use Sutex Cooperative Bank Limited in Surat for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUTB0248004 for the Katargam branch of Sutex Cooperative Bank Limited has a very 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 Katargam, Surat, Gujarat, are allotted a unique IFSC like SUTB0248004 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 Katargam reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code SUTB0248004
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): Show the bank code. For Sutex Cooperative Bank Limited, 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 Katargam in Surat.
For example, the IFSC Code SUTB0248004 of Sutex Cooperative Bank Limited for the Katargam 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 SUTB0248004 of Sutex Cooperative Bank Limited for its Katargam 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 Katargam or Surat to get the exact IFSC Code SUTB0248004.
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 SUTB0248004 for Online Transfers?
Once you have the IFSC Code SUTB0248004 for the Katargam branch of Sutex Cooperative Bank Limited in Surat, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SUTB0248004. Transfers are processed in batches. This is 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. Requires the recipient's account details and Sutex Cooperative Bank Limited IFSC Code SUTB0248004.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Sutex Cooperative Bank Limited Katargam in Surat may 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 Sutex Cooperative Bank Limited in Katargam, 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 SUTB0248004.
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 163-B,Old Gidc, Katargam,Surat-395004, 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.