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 The Karad Urban Cooperative Bank Limited for its Lonand branch in Satara, Lonand, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of The Karad Urban Cooperative Bank Limited located in Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KUCB0488080. 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 The Karad Urban Cooperative Bank Limited, Lonand, Satara
Here are the main details that are associated with the IFSC Code KUCB0488080 of The Karad Urban Cooperative Bank Limited for its branch located in Satara, within the district of Lonand in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Karad Urban Cooperative Bank Limited |
| IFSC Code | KUCB0488080 |
| Branch | Lonand |
| City | Satara |
| District | Lonand |
| State | Maharashtra |
| Address | Kashivishweshweshwar Building,Gala No.3,4 & 6,S.No.224/1/366 B,219/1,Lonand,Tal-Khandala Dist-Satara,Lonand-415521 |
These details are important not only for users using online banking but also for businesses and individuals who use The Karad Urban Cooperative Bank Limited in Satara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KUCB0488080 for the Lonand branch of The Karad Urban 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 The Karad Urban Cooperative Bank Limited located in Lonand, Satara, Maharashtra, are allotted a unique IFSC like KUCB0488080 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Satara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Satara and Lonand.
- 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 Karad Urban Cooperative Bank Limited in Lonand reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code KUCB0488080
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 Lonand in Satara.
For example, the IFSC Code KUCB0488080 of The Karad Urban Cooperative Bank Limited for the Lonand branch includes these elements, identifying the bank and the branch location in Satara and Maharashtra accurately.
How to Find IFSC Code for The Karad Urban Cooperative Bank Limited?
To find the IFSC Code KUCB0488080 of The Karad Urban Cooperative Bank Limited for its Lonand branch located in Satara, the following methods can help you out:
Cheque Book
The cheque book issued by The Karad Urban Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including The Karad Urban Cooperative Bank Limited branches in Satara and Lonand, 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 go to the branch locator section. Then search for Lonand or Satara to find the exact IFSC Code KUCB0488080.
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 maintains an updated database of all IFSC codes. Searching for The Karad Urban Cooperative Bank Limited and Satara will provide accurate information.
How to Use IFSC Code KUCB0488080 for Online Transfers?
Once you have the IFSC Code KUCB0488080 for the Lonand branch of The Karad Urban Cooperative Bank Limited in Satara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KUCB0488080. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 KUCB0488080.
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 Lonand in Satara, 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 Lonand, 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 Karad Urban Cooperative Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Satara to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is KUCB0488080.
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 Kashivishweshweshwar Building,Gala No.3,4 & 6,S.No.224/1/366 B,219/1,Lonand,Tal-Khandala Dist-Satara,Lonand-415521 located in Satara, Lonand, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.