Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Sutex Cooperative Bank Limited for its Parvat Patia branch in Surat, Surat, or Gujarat, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Sutex Cooperative Bank Limited located in Surat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SUTB0248011. You should definitely 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, Parvat Patia, Surat
Here are the main details that are associated with the IFSC Code SUTB0248011 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 | SUTB0248011 |
| Branch | Parvat Patia |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | 1St Flr., Surbhi Complex, Nr.Poona Octroi Naka, Parvat Patia, Surat-394210, 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 SUTB0248011 for the Parvat Patia 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Sutex Cooperative Bank Limited located in Parvat Patia, Surat, Gujarat, is provided a unique IFSC like SUTB0248011 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Sutex Cooperative Bank Limited branch in Surat.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Surat and Surat.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Sutex Cooperative Bank Limited in Parvat Patia do not get misguided to another person.
Format of the IFSC Code SUTB0248011
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 Parvat Patia in Surat.
For example, the IFSC Code SUTB0248011 of Sutex Cooperative Bank Limited for the Parvat Patia 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 looking for the IFSC Code SUTB0248011 of Sutex Cooperative Bank Limited for its Parvat Patia branch located in Surat, the following methods can help:
Cheque Book
The cheque book that is issued by Sutex Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the 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
You can visit the official website of Sutex Cooperative Bank Limited and look for the branch locator section, then search for Parvat Patia or Surat to get the exact IFSC Code SUTB0248011.
Mobile Banking App
If you use Sutex Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Sutex Cooperative Bank Limited and Surat, then it will provide you proper information.
How to Use IFSC Code SUTB0248011 for Online Transfers?
Once you have the IFSC Code SUTB0248011 for the Parvat Patia branch of Sutex Cooperative Bank Limited in Surat, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SUTB0248011. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Sutex Cooperative Bank Limited IFSC Code SUTB0248011.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Sutex Cooperative Bank Limited Parvat Patia in Surat, it can 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 Parvat Patia, 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.
Frequently Asked Questions (FAQs)
The IFSC Code is SUTB0248011.
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 Flr., Surbhi Complex, Nr.Poona Octroi Naka, Parvat Patia, Surat-394210, 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.