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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Karad Urban Cooperative Bank Limited for its Malhar Peth branch in Satara, Malhar Peth, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector 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 KUCB0488012. 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, Malhar Peth, Satara

The table below shows the main details of the IFSC Code KUCB0488012 for the The Karad Urban Cooperative Bank Limited branch in Satara, which falls under the Malhar Peth district in Maharashtra.

Particulars Details
Bank The Karad Urban Cooperative Bank Limited
IFSC Code KUCB0488012
Branch Malhar Peth
City Satara
District Malhar Peth
State Maharashtra
Address 904/905, Om Building ,Malharpeth Tal- Patan - 415 205

These details helps users in online banking and for businesses and individuals who use The Karad Urban Cooperative Bank Limited in Satara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KUCB0488012 for the Malhar Peth 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 provided by the Reserve Bank of India. Every bank branch, along with The Karad Urban Cooperative Bank Limited located in Malhar Peth, Satara, Maharashtra, are allotted a unique IFSC like KUCB0488012 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 Malhar Peth.
  • 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 Malhar Peth reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code KUCB0488012

This is the format of the IFSC Code for banks, including The Karad Urban Cooperative Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For The Karad Urban 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 Malhar Peth in Satara.

For example, the IFSC Code KUCB0488012 of The Karad Urban Cooperative Bank Limited for the Malhar Peth 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?

If you are looking for the IFSC Code KUCB0488012 of The Karad Urban Cooperative Bank Limited for its Malhar Peth branch located in Satara, the following methods can help:

Cheque Book

The cheque book that is issued by The Karad Urban Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including The Karad Urban Cooperative Bank Limited branches in Satara and Malhar Peth, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of The Karad Urban Cooperative Bank Limited and look for the branch locator section, then search for Malhar Peth or Satara to get the exact IFSC Code KUCB0488012.

Mobile Banking App

If you use The Karad Urban Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Karad Urban Cooperative Bank Limited and Satara, then it will provide you proper information.

How to Use IFSC Code KUCB0488012 for Online Transfers?

Once you have the IFSC Code KUCB0488012 for the Malhar Peth branch of The Karad Urban Cooperative Bank Limited in Satara, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KUCB0488012. 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 KUCB0488012.

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 Malhar Peth in Satara may 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 Karad Urban Cooperative Bank Limited in Malhar Peth, 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)

What is the IFSC Code of The Karad Urban Cooperative Bank Limited in Malhar Peth, Satara?

The IFSC Code is KUCB0488012.

Is the IFSC Code KUCB0488012 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of The Karad Urban Cooperative Bank Limited Malhar Peth?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Malhar Peth branch?

The address of the branch is 904/905, Om Building ,Malharpeth Tal- Patan - 415 205 located in Satara, Malhar Peth, Maharashtra.

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.