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IFSC Code of Sutex Cooperative Bank Limited, Varachha Road, Surat, Gujarat — SUTB0248007

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Sutex Cooperative Bank Limited for its Varachha Road branch in Surat, Surat, Gujarat, this complete guide will provide you with detailed information.

The banking system in India has changed 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 SUTB0248007. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Sutex Cooperative Bank Limited, Varachha Road, Surat

Below in the table are the key details related to IFSC Code SUTB0248007 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 SUTB0248007
Branch Varachha Road
City Surat
District Surat
State Gujarat
Address Gr.Flr., Shreyas Diamond Centre,Varachha Road, Surat-395006,Gujarat (India).

These details are essential not only for online banking users but also for businesses and individuals who use Sutex Cooperative Bank Limited in Surat for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUTB0248007 for the Varachha Road branch of Sutex Cooperative Bank Limited plays an important role.

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 Varachha Road, Surat, Gujarat, are given a unique IFSC like SUTB0248007 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 any kind of 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 helps ensure that any money sent to Sutex Cooperative Bank Limited in Varachha Road goes to the correct branch. This is important because Sutex Cooperative Bank Limited has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SUTB0248007

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 Varachha Road in Surat.

For example, the IFSC Code SUTB0248007 of Sutex Cooperative Bank Limited for the Varachha Road 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 SUTB0248007 of Sutex Cooperative Bank Limited for its Varachha 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 Varachha Road or Surat to get the exact IFSC Code SUTB0248007.

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 SUTB0248007 for Online Transfers?

Once you have the IFSC Code SUTB0248007 for the Varachha Road branch of Sutex Cooperative Bank Limited in Surat, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SUTB0248007. The transfer is completed in batches instead of instantly. It is useful for both 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 SUTB0248007.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Sutex Cooperative Bank Limited Varachha Road in Surat, your payment can get delayed or might not go through at all.

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 Varachha Road, 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)

What is the IFSC Code of Sutex Cooperative Bank Limited in Varachha Road, Surat?

The IFSC Code is SUTB0248007.

Is the IFSC Code SUTB0248007 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 Varachha Road?

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 Varachha Road branch?

The address of the branch is Gr.Flr., Shreyas Diamond Centre,Varachha Road, Surat-395006,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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