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 Station Road 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 SUTB0248003. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Sutex Cooperative Bank Limited, Station Road, Surat
Below in the table are the key details related to IFSC Code SUTB0248003 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 | SUTB0248003 |
| Branch | Station Road |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | Meghani Mansion Gr.Flr.,Station Road, Surat-395003,Gujarat (India). |
These details helps 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 SUTB0248003 for the Station Road branch of Sutex Cooperative Bank Limited plays a vital role.
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 SUTB0248003 is given to every bank branch, including Sutex Cooperative Bank Limited located in Station Road, 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 Station Road doesn't end up at another location.
Format of the IFSC Code SUTB0248003
The format of the IFSC Code for banks, including Sutex Cooperative Bank Limited, has 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 Station Road in Surat.
For example, the IFSC Code SUTB0248003 of Sutex Cooperative Bank Limited for the Station Road branch includes these elements, identifying the bank and the branch location in Surat and Gujarat correctly.
How to Find IFSC Code for Sutex Cooperative Bank Limited?
If you are trying to find the IFSC Code SUTB0248003 of Sutex Cooperative Bank Limited for its Station Road branch located in Surat, the following methods can help:
Cheque Book
The cheque books that are issued by Sutex Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code 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 the passbook.
Bank Website
Visit the official website of Sutex Cooperative Bank Limited and find the branch locator section. Search for Station Road or Surat to get the exact IFSC Code SUTB0248003.
Mobile Banking App
If you use Sutex Cooperative Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Sutex Cooperative Bank Limited and Surat that will provide accurate information.
How to Use IFSC Code SUTB0248003 for Online Transfers?
If you have the IFSC Code SUTB0248003 for the Station Road 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 SUTB0248003. 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 SUTB0248003.
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 Station Road in Surat, it 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 Station Road, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Surat manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SUTB0248003.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Meghani Mansion Gr.Flr.,Station Road, Surat-395003,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.