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 Katarkhatav branch in Satara, Katarkhatav, 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 SDCE0001117. 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, Katarkhatav, Satara

Here are the main details that are associated with the IFSC Code SDCE0001117 of The Satara District Central Cooperative Bank Ltd for its branch located in Satara, within the district of Katarkhatav in the state of Maharashtra.

Particulars Details
Bank The Satara District Central Cooperative Bank Ltd
IFSC Code SDCE0001117
Branch Katarkhatav
City Satara
District Katarkhatav
State Maharashtra
Address Tal-Khatav,Dist-Satara

These details are important not only for users using online banking but also for businesses and individuals who use The Satara District Central Cooperative Bank Ltd in Satara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SDCE0001117 for the Katarkhatav branch of The Satara District Central Cooperative Bank Ltd is vital.

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 Katarkhatav, Satara, Maharashtra, is provided with a unique IFSC like SDCE0001117 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 Katarkhatav.
  • 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 Katarkhatav do not get mixed with another location.

Format of the IFSC Code SDCE0001117

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 Katarkhatav in Satara.

For example, the IFSC Code SDCE0001117 of The Satara District Central Cooperative Bank Ltd for the Katarkhatav 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 SDCE0001117 of The Satara District Central Cooperative Bank Ltd for its Katarkhatav 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 Katarkhatav, 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 Katarkhatav or Satara to get the exact IFSC Code SDCE0001117.

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 SDCE0001117 for Online Transfers?

Once you have the IFSC Code SDCE0001117 for the Katarkhatav 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 SDCE0001117. 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 SDCE0001117.

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 Katarkhatav 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 are very different from IFSC codes. If you are looking for the MICR code of The Satara District Central Cooperative Bank Ltd in Katarkhatav, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Satara manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Satara District Central Cooperative Bank Ltd Katarkhatav Satara?

The IFSC Code of the Katarkhatav Satara branch is SDCE0001117.

Is IFSC Code SDCE0001117 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 Katarkhatav branch?

The branch is located at Tal-Khatav,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.