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 Satara District Central Cooperative Bank Ltd for its Atake branch in Satara, Atake, 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 Satara District Central Cooperative Bank Ltd located in Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SDCE0001056. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Satara District Central Cooperative Bank Ltd, Atake, Satara
Here are the main details that are associated with the IFSC Code SDCE0001056 of The Satara District Central Cooperative Bank Ltd for its branch located in Satara, within the district of Atake in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Satara District Central Cooperative Bank Ltd |
| IFSC Code | SDCE0001056 |
| Branch | Atake |
| City | Satara |
| District | Atake |
| State | Maharashtra |
| Address | Tal-Karad,Dist-Satara |
These details helps users in online banking and for businesses and individuals who use The Satara District Central Cooperative Bank Ltd in Satara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SDCE0001056 for the Atake branch of The Satara District Central Cooperative Bank Ltd 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, along with The Satara District Central Cooperative Bank Ltd located in Atake, Satara, Maharashtra, are allotted a unique IFSC like SDCE0001056 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 Atake.
- 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 Satara District Central Cooperative Bank Ltd in Atake reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SDCE0001056
The format of the IFSC Code for banks, including The Satara District Central Cooperative Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Satara District Central Cooperative Bank Ltd, 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 Atake in Satara.
For example, the IFSC Code SDCE0001056 of The Satara District Central Cooperative Bank Ltd for the Atake branch includes these elements, identifying the bank and the branch location in Satara and Maharashtra accurately.
How to Find IFSC Code for The Satara District Central Cooperative Bank Ltd?
If you are looking for the IFSC Code SDCE0001056 of The Satara District Central Cooperative Bank Ltd for its Atake branch located in Satara, the following methods can help:
Cheque Book
The cheque book that is issued by The Satara District Central Cooperative Bank Ltd 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 Satara District Central Cooperative Bank Ltd branches in Satara and Atake, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of The Satara District Central Cooperative Bank Ltd and look for the branch locator section, then search for Atake or Satara to get the exact IFSC Code SDCE0001056.
Mobile Banking App
If you use The Satara District Central Cooperative Bank Ltd'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 Satara District Central Cooperative Bank Ltd and Satara, then it will provide you proper information.
How to Use IFSC Code SDCE0001056 for Online Transfers?
Once you have the IFSC Code SDCE0001056 for the Atake branch of The Satara District Central Cooperative Bank Ltd in Satara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SDCE0001056. 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 Satara District Central Cooperative Bank Ltd IFSC Code SDCE0001056.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Satara District Central Cooperative Bank Ltd Atake 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 Satara District Central Cooperative Bank Ltd in Atake, 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 Satara District Central Cooperative Bank Ltd 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 SDCE0001056.
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 Tal-Karad,Dist-Satara located in Satara, Atake, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.