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 Bopegaon branch in Satara, Bopegaon, 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 SDCE0001260. 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, Bopegaon, Satara
Below in the table are the key details related to IFSC Code SDCE0001260 of The Satara District Central Cooperative Bank Ltd for its branch located in Satara, within the district of Bopegaon in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Satara District Central Cooperative Bank Ltd |
| IFSC Code | SDCE0001260 |
| Branch | Bopegaon |
| City | Satara |
| District | Bopegaon |
| State | Maharashtra |
| Address | Tal-Wai,Dist-Satara |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Satara District Central Cooperative Bank Ltd in Satara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SDCE0001260 for the Bopegaon branch of The Satara District Central Cooperative Bank Ltd has an important role.
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 SDCE0001260 is given to every bank branch, including The Satara District Central Cooperative Bank Ltd located in Bopegaon, Satara, Maharashtra, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Satara and Bopegaon.
- 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 Satara District Central Cooperative Bank Ltd in Bopegaon doesn't end up at another location.
Format of the IFSC Code SDCE0001260
The format of the IFSC Code for banks, including The Satara District Central Cooperative Bank Ltd, has 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 Bopegaon in Satara.
For example, the IFSC Code SDCE0001260 of The Satara District Central Cooperative Bank Ltd for the Bopegaon branch includes these elements, identifying the bank and the branch location in Satara and Maharashtra correctly.
How to Find IFSC Code for The Satara District Central Cooperative Bank Ltd?
If you are trying to find the IFSC Code SDCE0001260 of The Satara District Central Cooperative Bank Ltd for its Bopegaon 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 Bopegaon, 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 Bopegaon or Satara to get the exact IFSC Code SDCE0001260.
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 SDCE0001260 for Online Transfers?
Once you have the IFSC Code SDCE0001260 for the Bopegaon 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 SDCE0001260. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 SDCE0001260.
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 Bopegaon 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 Bopegaon, 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 SDCE0001260.
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 Tal-Wai,Dist-Satara located in Satara, Bopegaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.