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 Satara District Central Cooperative Bank Ltd for its Ext.Shirawade branch in Satara, S.S.S.K.Shiravade, 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 Satara District Central Cooperative Bank Ltd located in Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SDCE0001319. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for The Satara District Central Cooperative Bank Ltd, Ext.Shirawade, Satara

Here are some of the key details that come with the IFSC Code SDCE0001319 of The Satara District Central Cooperative Bank Ltd for its branch located in Satara, within the district of S.S.S.K.Shiravade in the state of Maharashtra.

Particulars Details
Bank The Satara District Central Cooperative Bank Ltd
IFSC Code SDCE0001319
Branch Ext.Shirawade
City Satara
District S.S.S.K.Shiravade
State Maharashtra
Address Shirawade,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 SDCE0001319 for the Ext.Shirawade 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, including The Satara District Central Cooperative Bank Ltd located in Ext.Shirawade, Satara, Maharashtra, is provided with a unique IFSC like SDCE0001319 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 S.S.S.K.Shiravade.
  • 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 Ext.Shirawade do not get mixed with another location.

Format of the IFSC Code SDCE0001319

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 of this:

  • First 4 characters (AAAA): Represent the bank code. For The Satara District Central Cooperative Bank Ltd, 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 Ext.Shirawade in Satara.

For example, the IFSC Code SDCE0001319 of The Satara District Central Cooperative Bank Ltd for the Ext.Shirawade 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 SDCE0001319 of The Satara District Central Cooperative Bank Ltd for its Ext.Shirawade 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 S.S.S.K.Shiravade, 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 Ext.Shirawade or Satara to get the exact IFSC Code SDCE0001319.

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 SDCE0001319 for Online Transfers?

Once you have the IFSC Code SDCE0001319 for the Ext.Shirawade 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 SDCE0001319. 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 SDCE0001319.

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 Ext.Shirawade 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 Ext.Shirawade, 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 Ext.Shirawade Satara?

The IFSC Code of the Ext.Shirawade Satara branch is SDCE0001319.

Is IFSC Code SDCE0001319 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the The Satara District Central Cooperative Bank Ltd Ext.Shirawade branch?

The branch is located at Shirawade,Tal-Karad,Dist-Satara.

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.