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IFSC Code of Sutex Cooperative Bank Limited, Rtgs-Ho, Surat, Gujarat — SUTB0000001

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Sutex Cooperative Bank Limited for its Rtgs-Ho branch in Surat, Surat, Gujarat, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Sutex Cooperative Bank Limited situated in Surat or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code SUTB0000001. You should 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, Rtgs-Ho, Surat

The table below shows the main details of the IFSC Code SUTB0000001 for the Sutex Cooperative Bank Limited branch in Surat, which falls under the Surat district in Gujarat.

Particulars Details
Bank Sutex Cooperative Bank Limited
IFSC Code SUTB0000001
Branch Rtgs-Ho
City Surat
District Surat
State Gujarat
Address 2Nd Floor, Surajram Bachkaniwala Bhavan,Nr.Navjivan Circle,Udhna Magdalla Rd., Surat-395017,Gujarat (India)

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 SUTB0000001 for the Rtgs-Ho 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 provided by the Reserve Bank of India. Every bank branch, including Sutex Cooperative Bank Limited located in Rtgs-Ho, Surat, Gujarat, is provided with a unique IFSC like SUTB0000001 to ensure that online payments reach the right destination.

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 errors or confusions between multiple branches of the same bank across different places like Surat and Surat.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Gujarat and the rest of India and the IFSC Code ensures that transactions meant for Sutex Cooperative Bank Limited in Rtgs-Ho do not get mixed with another location.

Format of the IFSC Code SUTB0000001

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 Rtgs-Ho in Surat.

For example, the IFSC Code SUTB0000001 of Sutex Cooperative Bank Limited for the Rtgs-Ho 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 SUTB0000001 of Sutex Cooperative Bank Limited for its Rtgs-Ho 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 Rtgs-Ho or Surat to get the exact IFSC Code SUTB0000001.

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 SUTB0000001 for Online Transfers?

Once you have the IFSC Code SUTB0000001 for the Rtgs-Ho 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 SUTB0000001. 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 SUTB0000001.

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 Rtgs-Ho 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 Rtgs-Ho, 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)

What is the IFSC Code of Sutex Cooperative Bank Limited in Rtgs-Ho, Surat?

The IFSC Code is SUTB0000001.

Is the IFSC Code SUTB0000001 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Sutex Cooperative Bank Limited Rtgs-Ho?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Rtgs-Ho branch?

The address of the branch is 2Nd Floor, Surajram Bachkaniwala Bhavan,Nr.Navjivan Circle,Udhna Magdalla Rd., Surat-395017,Gujarat (India) located in Surat, Surat, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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