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 Midc Satara 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 KUCB0488081. 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, Midc Satara, Satara
Below in the table are the key details related to IFSC Code KUCB0488081 of The Karad Urban Cooperative Bank Limited for its branch located in Satara, within the district of Satara in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Karad Urban Cooperative Bank Limited |
| IFSC Code | KUCB0488081 |
| Branch | Midc Satara |
| City | Satara |
| District | Satara |
| State | Maharashtra |
| Address | Plot No R 12, Zenda Chowk, Degoan Road, Additional Midc, Satara, Dist- Satara 415004 |
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 Satara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code KUCB0488081 for the Midc Satara 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 Midc Satara, Satara, Maharashtra, is provided a unique IFSC like KUCB0488081 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 Satara.
- 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 Satara and Satara.
- 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 Midc Satara do not get misguided to another person.
Format of the IFSC Code KUCB0488081
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:
- First 4 characters (AAAA): Show the bank code. For The Karad Urban Cooperative Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Midc Satara in Satara.
For example, the IFSC Code KUCB0488081 of The Karad Urban Cooperative Bank Limited for the Midc Satara 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 KUCB0488081 of The Karad Urban Cooperative Bank Limited for its Midc Satara 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 Satara, 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 Midc Satara or Satara to get the exact IFSC Code KUCB0488081.
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 KUCB0488081 for Online Transfers?
Once you have the IFSC Code KUCB0488081 for the Midc Satara 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 KUCB0488081. 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 KUCB0488081.
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 Midc Satara 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 Midc Satara, 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)
The IFSC Code is KUCB0488081.
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 Plot No R 12, Zenda Chowk, Degoan Road, Additional Midc, Satara, Dist- Satara 415004 located in Satara, Satara, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.