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 Karad Urban Cooperative Bank Limited for its Miraj Market branch in Sangli, Miraj Market, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of The Karad Urban Cooperative Bank Limited located in Sangli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KUCB0488049. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Karad Urban Cooperative Bank Limited, Miraj Market, Sangli
Below in the table are the key details related to IFSC Code KUCB0488049 of The Karad Urban Cooperative Bank Limited for its branch located in Sangli, within the district of Miraj Market in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Karad Urban Cooperative Bank Limited |
| IFSC Code | KUCB0488049 |
| Branch | Miraj Market |
| City | Sangli |
| District | Miraj Market |
| State | Maharashtra |
| Address | C.S.No- 5250 & 5201 , Laxmi Market ,Miraj - 416 410 |
These details helps users in online banking and for businesses and individuals who use The Karad Urban Cooperative Bank Limited in Sangli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KUCB0488049 for the Miraj Market branch of The Karad Urban 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 KUCB0488049 is given to every bank branch, including The Karad Urban Cooperative Bank Limited located in Miraj Market, Sangli, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the The Karad Urban Cooperative Bank Limited branch in Sangli.
- 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 Sangli and Miraj Market.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for The Karad Urban Cooperative Bank Limited in Miraj Market doesn't end up at another location.
Format of the IFSC Code KUCB0488049
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 Miraj Market in Sangli.
For example, the IFSC Code KUCB0488049 of The Karad Urban Cooperative Bank Limited for the Miraj Market branch includes these elements, identifying the bank and the branch location in Sangli and Maharashtra accurately.
How to Find IFSC Code for The Karad Urban Cooperative Bank Limited?
If you are trying to find the IFSC Code KUCB0488049 of The Karad Urban Cooperative Bank Limited for its Miraj Market branch located in Sangli, the following methods can help:
Cheque Book
The cheque books that are issued by The Karad Urban 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 The Karad Urban Cooperative Bank Limited branches in Sangli and Miraj Market, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Karad Urban Cooperative Bank Limited and find the branch locator section. Search for Miraj Market or Sangli to get the exact IFSC Code KUCB0488049.
Mobile Banking App
If you use The Karad Urban 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 The Karad Urban Cooperative Bank Limited and Sangli that will provide accurate information.
How to Use IFSC Code KUCB0488049 for Online Transfers?
Once you have the IFSC Code KUCB0488049 for the Miraj Market branch of The Karad Urban Cooperative Bank Limited in Sangli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KUCB0488049. 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 The Karad Urban Cooperative Bank Limited IFSC Code KUCB0488049.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Karad Urban Cooperative Bank Limited Miraj Market in Sangli, your payment can get delayed or might not go through at all.
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 Karad Urban Cooperative Bank Limited in Miraj Market, 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 The Karad Urban Cooperative Bank Limited website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Sangli manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KUCB0488049.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is C.S.No- 5250 & 5201 , Laxmi Market ,Miraj - 416 410 located in Sangli, Miraj Market, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.