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IFSC Code of Sutex Cooperative Bank Limited, Surat Textile Market, Surat, Gujarat — SUTB0248002

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Sutex Cooperative Bank Limited for its Surat Textile Market branch in Surat, Surat, Gujarat, then this guide will give you detailed information.

The banking system has evolved significantly 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 SUTB0248002. 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, Surat Textile Market, Surat

The table below shows the main details of the IFSC Code SUTB0248002 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 SUTB0248002
Branch Surat Textile Market
City Surat
District Surat
State Gujarat
Address 2Nd Floor., Bank Block, Surat Textile Market,Ring Road, Surat-395002,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 SUTB0248002 for the Surat Textile Market 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, along with Sutex Cooperative Bank Limited located in Surat Textile Market, Surat, Gujarat, are allotted a unique IFSC like SUTB0248002 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 Surat Textile Market reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code SUTB0248002

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 Surat Textile Market in Surat.

For example, the IFSC Code SUTB0248002 of Sutex Cooperative Bank Limited for the Surat Textile Market 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 looking for the IFSC Code SUTB0248002 of Sutex Cooperative Bank Limited for its Surat Textile Market 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 Surat Textile Market or Surat to get the exact IFSC Code SUTB0248002.

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 SUTB0248002 for Online Transfers?

Once you have the IFSC Code SUTB0248002 for the Surat Textile Market 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 SUTB0248002. 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 SUTB0248002.

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 Surat Textile Market in Surat, it can 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 Surat Textile Market, 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 Surat Textile Market, Surat?

The IFSC Code is SUTB0248002.

Is the IFSC Code SUTB0248002 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Sutex Cooperative Bank Limited Surat Textile Market?

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

What is the full address of the Surat Textile Market branch?

The address of the branch is 2Nd Floor., Bank Block, Surat Textile Market,Ring Road, Surat-395002,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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