For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of The Karad Urban Cooperative Bank Limited for its Powai Naka branch in Satara, Satara, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly 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 KUCB0488013. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for The Karad Urban Cooperative Bank Limited, Powai Naka, Satara
Here are the main details that are associated with the IFSC Code KUCB0488013 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 | KUCB0488013 |
| Branch | Powai Naka |
| City | Satara |
| District | Satara |
| State | Maharashtra |
| Address | Bhagirthi Chambers, 55 ,Raviwar Peth Satara -415 002 |
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 KUCB0488013 for the Powai Naka 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, 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 Powai Naka, Satara, Maharashtra, is provided a unique IFSC like KUCB0488013 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 Powai Naka do not get misguided to another person.
Format of the IFSC Code KUCB0488013
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 Powai Naka in Satara.
For example, the IFSC Code KUCB0488013 of The Karad Urban Cooperative Bank Limited for the Powai Naka 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 trying to find the IFSC Code KUCB0488013 of The Karad Urban Cooperative Bank Limited for its Powai Naka branch located in Satara, 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 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 find the branch locator section. Search for Powai Naka or Satara to get the exact IFSC Code KUCB0488013.
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 Satara that will provide accurate information.
How to Use IFSC Code KUCB0488013 for Online Transfers?
Once you have the IFSC Code KUCB0488013 for the Powai Naka branch of The Karad Urban Cooperative Bank Limited in Satara, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code KUCB0488013. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and The Karad Urban Cooperative Bank Limited IFSC Code KUCB0488013.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Karad Urban Cooperative Bank Limited Powai Naka in Satara, it can 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 Powai Naka, 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 KUCB0488013.
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 Bhagirthi Chambers, 55 ,Raviwar Peth Satara -415 002 located in Satara, Satara, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.