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 The Karad Urban Cooperative Bank Limited for its Rawiwar Peth Pune branch in Pune, Pune, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of The Karad Urban Cooperative Bank Limited located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KUCB0488030. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for The Karad Urban Cooperative Bank Limited, Rawiwar Peth Pune, Pune
Below in the table are the key details related to IFSC Code KUCB0488030 of The Karad Urban Cooperative Bank Limited for its branch located in Pune, within the district of Pune in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Karad Urban Cooperative Bank Limited |
| IFSC Code | KUCB0488030 |
| Branch | Rawiwar Peth Pune |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Bagadia Build,Kasba Peth,Nr Phadake Haud Chowk |
These details are essential not only for online banking users but also for businesses and individuals who use The Karad Urban Cooperative Bank Limited in Pune for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KUCB0488030 for the Rawiwar Peth Pune branch of The Karad Urban Cooperative Bank Limited plays an 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 The Karad Urban Cooperative Bank Limited located in Rawiwar Peth Pune, Pune, Maharashtra, is provided a unique IFSC like KUCB0488030 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the The Karad Urban Cooperative Bank Limited branch in Pune.
- 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 Pune and Pune.
- 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for The Karad Urban Cooperative Bank Limited in Rawiwar Peth Pune do not get misguided to another person.
Format of the IFSC Code KUCB0488030
The format of the IFSC Code for banks, including The Karad Urban Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For The Karad Urban 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 Rawiwar Peth Pune in Pune.
For example, the IFSC Code KUCB0488030 of The Karad Urban Cooperative Bank Limited for the Rawiwar Peth Pune branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for The Karad Urban Cooperative Bank Limited?
If you are trying to find the IFSC Code KUCB0488030 of The Karad Urban Cooperative Bank Limited for its Rawiwar Peth Pune branch located in Pune, the following methods can help:
Cheque Book
The cheque book issued by The Karad Urban Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including The Karad Urban Cooperative Bank Limited branches in Pune and Pune, print them on the first page of your passbook.
Bank Website
Visit the official website of The Karad Urban Cooperative Bank Limited and navigate to the branch locator section. Search for Rawiwar Peth Pune or Pune to get the exact IFSC Code KUCB0488030.
Mobile Banking App
If you use The Karad Urban 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 The Karad Urban Cooperative Bank Limited and Pune, you'll get the correct details.
How to Use IFSC Code KUCB0488030 for Online Transfers?
Once you have the IFSC Code KUCB0488030 for the Rawiwar Peth Pune branch of The Karad Urban Cooperative Bank Limited in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KUCB0488030. Transfers are processed in batches. This is 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. Requires the recipient's account details and The Karad Urban Cooperative Bank Limited IFSC Code KUCB0488030.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Karad Urban Cooperative Bank Limited Rawiwar Peth Pune in Pune 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 The Karad Urban Cooperative Bank Limited in Rawiwar Peth Pune, 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 The Karad Urban Cooperative Bank Limited website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Pune manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is KUCB0488030.
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 Bagadia Build,Kasba Peth,Nr Phadake Haud Chowk located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.