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 Jalgaon branch in Satara, Jalgaon Br Satara Road, 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 SDCE0001302. 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, Jalgaon, Satara
Here are the key points that are associated with the IFSC Code SDCE0001302 of The Satara District Central Cooperative Bank Ltd for its branch located in Satara, within the district of Jalgaon Br Satara Road in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Satara District Central Cooperative Bank Ltd |
| IFSC Code | SDCE0001302 |
| Branch | Jalgaon |
| City | Satara |
| District | Jalgaon Br Satara Road |
| State | Maharashtra |
| Address | Tal-Koregaon,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 SDCE0001302 for the Jalgaon 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 provided by the Reserve Bank of India. Every bank branch, including The Satara District Central Cooperative Bank Ltd located in Jalgaon, Satara, Maharashtra, is provided with a unique IFSC like SDCE0001302 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 Jalgaon Br Satara Road.
- 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 Jalgaon do not get mixed with another location.
Format of the IFSC Code SDCE0001302
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): These represent the bank code. In The Satara District Central Cooperative Bank Ltd, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Jalgaon in Satara.
For example, the IFSC Code SDCE0001302 of The Satara District Central Cooperative Bank Ltd for the Jalgaon branch has 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?
To find the IFSC Code SDCE0001302 of The Satara District Central Cooperative Bank Ltd for its Jalgaon branch located in Satara, the following methods can help you out:
Cheque Book
The cheque book issued by The Satara District Central Cooperative Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including The Satara District Central Cooperative Bank Ltd branches in Satara and Jalgaon Br Satara Road, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Satara District Central Cooperative Bank Ltd and go to the branch locator section. Then search for Jalgaon or Satara to find the exact IFSC Code SDCE0001302.
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 maintains an updated database of all IFSC codes. Searching for The Satara District Central Cooperative Bank Ltd and Satara will provide accurate information.
How to Use IFSC Code SDCE0001302 for Online Transfers?
Once you have the IFSC Code SDCE0001302 for the Jalgaon branch of The Satara District Central Cooperative Bank Ltd in Satara, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SDCE0001302. Transfers are processed in batches. This is suitable for 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 SDCE0001302.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Satara District Central Cooperative Bank Ltd Jalgaon in Satara may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of The Satara District Central Cooperative Bank Ltd in Jalgaon, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official The Satara District Central Cooperative Bank Ltd website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Satara manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SDCE0001302.
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-Koregaon,Dist-Satara located in Satara, Jalgaon Br Satara Road, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.