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 Shivraj Petrol Pump 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 KUCB0488059. 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, Shivraj Petrol Pump, Satara
The table below shows the main details of the IFSC Code KUCB0488059 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 | KUCB0488059 |
| Branch | Shivraj Petrol Pump |
| City | Satara |
| District | Satara |
| State | Maharashtra |
| Address | Plot No.9, Baravkar Nagar, Near Shivraj Petrol Pump, Sambhajinagar Satara - 415001 |
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 KUCB0488059 for the Shivraj Petrol Pump 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, including The Karad Urban Cooperative Bank Limited located in Shivraj Petrol Pump, Satara, Maharashtra, is provided with a unique IFSC like KUCB0488059 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Satara and Satara.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Karad Urban Cooperative Bank Limited in Shivraj Petrol Pump do not get mixed with another location.
Format of the IFSC Code KUCB0488059
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 Shivraj Petrol Pump in Satara.
For example, the IFSC Code KUCB0488059 of The Karad Urban Cooperative Bank Limited for the Shivraj Petrol Pump 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 KUCB0488059 of The Karad Urban Cooperative Bank Limited for its Shivraj Petrol Pump 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
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 your passbook.
Bank Website
Visit the official website of The Karad Urban Cooperative Bank Limited and navigate to the branch locator section. Search for Shivraj Petrol Pump or Satara to get the exact IFSC Code KUCB0488059.
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 KUCB0488059 for Online Transfers?
Once you have the IFSC Code KUCB0488059 for the Shivraj Petrol Pump 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 KUCB0488059. 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 KUCB0488059.
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 Shivraj Petrol Pump 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 Shivraj Petrol Pump, 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 KUCB0488059.
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.9, Baravkar Nagar, Near Shivraj Petrol Pump, Sambhajinagar 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.