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 The Hasti Coop Bank Ltd for its Satana branch in Satana, Nasik, Mh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of The Hasti Coop Bank Ltd located in Satana or anywhere in Mh can transfer funds instantly by using the correct IFSC Code HCBL0000116. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Hasti Coop Bank Ltd, Satana, Satana
Below in the table are the key details related to IFSC Code HCBL0000116 of The Hasti Coop Bank Ltd for its branch located in Satana, within the district of Nasik in the state of Mh.
| Particulars | Details |
|---|---|
| Bank | The Hasti Coop Bank Ltd |
| IFSC Code | HCBL0000116 |
| Branch | Satana |
| City | Satana |
| District | Nasik |
| State | Mh |
| Address | Near Uma Hospital Satana Dist Nasik |
These details are important not only for users using online banking but also for businesses and individuals who use The Hasti Coop Bank Ltd in Satana for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code HCBL0000116 for the Satana branch of The Hasti Coop Bank Ltd 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 The Hasti Coop Bank Ltd located in Satana, Satana, Mh, are allotted a unique IFSC like HCBL0000116 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Satana.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Satana and Nasik.
- 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 The Hasti Coop Bank Ltd in Satana reaches the right place, even though there are thousands of branches in Mh and across India.
Format of the IFSC Code HCBL0000116
The format of the IFSC Code for banks, including The Hasti Coop Bank Ltd, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Hasti Coop Bank Ltd, 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 Satana in Satana.
For example, the IFSC Code HCBL0000116 of The Hasti Coop Bank Ltd for the Satana branch includes these elements, identifying the bank and the branch location in Satana and Mh correctly.
How to Find IFSC Code for The Hasti Coop Bank Ltd?
If you are trying to find the IFSC Code HCBL0000116 of The Hasti Coop Bank Ltd for its Satana branch located in Satana, the following methods can help:
Cheque Book
The cheque books that are issued by The Hasti Coop Bank Ltd 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 The Hasti Coop Bank Ltd branches in Satana and Nasik, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Hasti Coop Bank Ltd and find the branch locator section. Search for Satana or Satana to get the exact IFSC Code HCBL0000116.
Mobile Banking App
If you use The Hasti Coop Bank Ltd'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 The Hasti Coop Bank Ltd and Satana that will provide accurate information.
How to Use IFSC Code HCBL0000116 for Online Transfers?
Once you have the IFSC Code HCBL0000116 for the Satana branch of The Hasti Coop Bank Ltd in Satana, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code HCBL0000116. 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 The Hasti Coop Bank Ltd IFSC Code HCBL0000116.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Hasti Coop Bank Ltd Satana in Satana, 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 The Hasti Coop Bank Ltd in Satana, 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 The Hasti Coop Bank Ltd website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Satana to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is HCBL0000116.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Near Uma Hospital Satana Dist Nasik located in Satana, Nasik, Mh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.