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IFSC Code of The Karad Urban Cooperative Bank Limited, Market Yard, Satara, Maharashtra — KUCB0488063

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 Market Yard branch in Satara, Satara, 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 Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KUCB0488063. 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, Market Yard, Satara

The table below shows the main details of the IFSC Code KUCB0488063 for the The Karad Urban Cooperative Bank Limited branch in Satara, which falls under the Satara district in Maharashtra.

Particulars Details
Bank The Karad Urban Cooperative Bank Limited
IFSC Code KUCB0488063
Branch Market Yard
City Satara
District Satara
State Maharashtra
Address 217, Raviwar Peth, Market Yard Satara - 415001

These details are crucial, not just for online banking users but also for businesses and individuals who use The Karad Urban Cooperative Bank Limited in Satara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KUCB0488063 for the Market Yard branch of The Karad Urban Cooperative Bank Limited has an important 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 Market Yard, Satara, Maharashtra, are allotted a unique IFSC like KUCB0488063 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 Satara.
  • 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 Market Yard reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code KUCB0488063

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 Market Yard in Satara.

For example, the IFSC Code KUCB0488063 of The Karad Urban Cooperative Bank Limited for the Market Yard 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 KUCB0488063 of The Karad Urban Cooperative Bank Limited for its Market Yard 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 Satara, 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 Market Yard or Satara to find the exact IFSC Code KUCB0488063.

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 KUCB0488063 for Online Transfers?

If you have the IFSC Code KUCB0488063 for the Market Yard branch of The Karad Urban Cooperative Bank Limited in Satara, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KUCB0488063. Transfers are processed in batches. 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. Asks for the recipient's account details and The Karad Urban Cooperative Bank Limited IFSC Code KUCB0488063.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Karad Urban Cooperative Bank Limited Market Yard in Satara, it 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 Market Yard, 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 Satara manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is KUCB0488063.

Is the IFSC Code KUCB0488063 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 Market Yard?

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 Market Yard branch?

The address of the branch is 217, Raviwar Peth, Market Yard Satara - 415001 located in Satara, Satara, 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.

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