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 Shahunagar Godoli branch in Satara, Satara, 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 KUCB0488067. 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, Shahunagar Godoli, Satara
Here are the key points that are associated with the IFSC Code KUCB0488067 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 | KUCB0488067 |
| Branch | Shahunagar Godoli |
| City | Satara |
| District | Satara |
| State | Maharashtra |
| Address | Plot No. 27, Shree Ganesh Housing Society, Shahunagar , Godoli Satara - 415001 |
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 KUCB0488067 for the Shahunagar Godoli 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 that is provided by the Reserve Bank of India. A unique IFSC like KUCB0488067 is given to every bank branch, including The Karad Urban Cooperative Bank Limited located in Shahunagar Godoli, Satara, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the The Karad Urban Cooperative Bank Limited branch in Satara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Satara and Satara.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for The Karad Urban Cooperative Bank Limited in Shahunagar Godoli doesn't end up at another location.
Format of the IFSC Code KUCB0488067
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 Shahunagar Godoli in Satara.
For example, the IFSC Code KUCB0488067 of The Karad Urban Cooperative Bank Limited for the Shahunagar Godoli 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 KUCB0488067 of The Karad Urban Cooperative Bank Limited for its Shahunagar Godoli branch located in Satara, the following methods can help:
Cheque Book
The cheque book issued by The Karad Urban Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including The Karad Urban Cooperative Bank Limited branches in Satara and Satara, print them on the first page of your passbook.
Bank Website
Visit the official website of The Karad Urban Cooperative Bank Limited and navigate to the branch locator section. Search for Shahunagar Godoli or Satara to get the exact IFSC Code KUCB0488067.
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 keeps an updated list of all IFSC codes. If you search for The Karad Urban Cooperative Bank Limited and Satara, you'll get the correct details.
How to Use IFSC Code KUCB0488067 for Online Transfers?
Once you have the IFSC Code KUCB0488067 for the Shahunagar Godoli 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 KUCB0488067. The transfer is completed in batches instead of instantly. It is useful for both 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 KUCB0488067.
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 Shahunagar Godoli 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 Shahunagar Godoli, 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 KUCB0488067.
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 Plot No. 27, Shree Ganesh Housing Society, Shahunagar , Godoli Satara - 415001 located in Satara, Satara, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.