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IFSC Code of The Satara District Central Cooperative Bank Ltd, Bavdhan, Bavdhan, Maharashtra — SDCE0001080

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of The Satara District Central Cooperative Bank Ltd for its Bavdhan branch in Satara, Bavdhan, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of The Satara District Central Cooperative Bank Ltd situated in Satara or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SDCE0001080. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for The Satara District Central Cooperative Bank Ltd, Bavdhan, Satara

Here are the key points that are associated with the IFSC Code SDCE0001080 of The Satara District Central Cooperative Bank Ltd for its branch located in Satara, within the district of Bavdhan in the state of Maharashtra.

Particulars Details
Bank The Satara District Central Cooperative Bank Ltd
IFSC Code SDCE0001080
Branch Bavdhan
City Satara
District Bavdhan
State Maharashtra
Address Tal-Wai,Dist-Satara

These details are essential not only for online banking users but also for businesses and individuals who use The Satara District Central Cooperative Bank Ltd in Satara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SDCE0001080 for the Bavdhan branch of The Satara District Central Cooperative Bank Ltd plays an important 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 Satara District Central Cooperative Bank Ltd located in Bavdhan, Satara, Maharashtra, is provided with a unique IFSC like SDCE0001080 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the The Satara District Central Cooperative Bank Ltd 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 Bavdhan.
  • 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 Satara District Central Cooperative Bank Ltd in Bavdhan do not get mixed with another location.

Format of the IFSC Code SDCE0001080

This is 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 explanation:

  • First 4 characters (AAAA): This is the bank code. For The Satara District Central Cooperative Bank Ltd, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Bavdhan in Satara.

For example, the IFSC Code SDCE0001080 of The Satara District Central Cooperative Bank Ltd for the Bavdhan 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 trying to find the IFSC Code SDCE0001080 of The Satara District Central Cooperative Bank Ltd for its Bavdhan branch located in Satara, the following methods can help:

Cheque Book

The cheque book issued by The Satara District Central Cooperative Bank Ltd 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 Satara District Central Cooperative Bank Ltd branches in Satara and Bavdhan, print them on the first page of your passbook.

Bank Website

Visit the official website of The Satara District Central Cooperative Bank Ltd and navigate to the branch locator section. Search for Bavdhan or Satara to get the exact IFSC Code SDCE0001080.

Mobile Banking App

If you use The Satara District Central Cooperative Bank Ltd'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 Satara District Central Cooperative Bank Ltd and Satara, you'll get the correct details.

How to Use IFSC Code SDCE0001080 for Online Transfers?

Once you have the IFSC Code SDCE0001080 for the Bavdhan 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 SDCE0001080. 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 SDCE0001080.

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 Bavdhan 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 Bavdhan, 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)

What is the IFSC Code of The Satara District Central Cooperative Bank Ltd in Bavdhan, Satara?

The IFSC Code is SDCE0001080.

Is the IFSC Code SDCE0001080 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of The Satara District Central Cooperative Bank Ltd Bavdhan?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bavdhan branch?

The address of the branch is Tal-Wai,Dist-Satara located in Satara, Bavdhan, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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