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 Sachin Gidc 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 SUTB0248010. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Sutex Cooperative Bank Limited, Sachin Gidc, Surat
Here are some of the key details that come with the IFSC Code SUTB0248010 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 | SUTB0248010 |
| Branch | Sachin Gidc |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | Plot No.1008, Sachin Gidc,Dist.Surat-394230,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 SUTB0248010 for the Sachin Gidc 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Sutex Cooperative Bank Limited located in Sachin Gidc, Surat, Gujarat, is provided a unique IFSC like SUTB0248010 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 Sachin Gidc do not get misguided to another person.
Format of the IFSC Code SUTB0248010
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 Sachin Gidc in Surat.
For example, the IFSC Code SUTB0248010 of Sutex Cooperative Bank Limited for the Sachin Gidc 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 SUTB0248010 of Sutex Cooperative Bank Limited for its Sachin Gidc 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 Sachin Gidc or Surat to get the exact IFSC Code SUTB0248010.
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 SUTB0248010 for Online Transfers?
If you have the IFSC Code SUTB0248010 for the Sachin Gidc 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 SUTB0248010. 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 SUTB0248010.
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 Sachin Gidc 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 Sachin Gidc, 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 SUTB0248010.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Plot No.1008, Sachin Gidc,Dist.Surat-394230,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.