Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Satara District Central Cooperative Bank Ltd for its Kiroli branch in Satara, Kiroli, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the 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 SDCE0001245. You should definitely 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, Kiroli, Satara

Here are the main details that are associated with the IFSC Code SDCE0001245 of The Satara District Central Cooperative Bank Ltd for its branch located in Satara, within the district of Kiroli in the state of Maharashtra.

Particulars Details
Bank The Satara District Central Cooperative Bank Ltd
IFSC Code SDCE0001245
Branch Kiroli
City Satara
District Kiroli
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 SDCE0001245 for the Kiroli 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, which is 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 Kiroli, Satara, Maharashtra, is provided a unique IFSC like SDCE0001245 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the The Satara District Central Cooperative Bank Ltd branch in Satara.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Satara and Kiroli.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for The Satara District Central Cooperative Bank Ltd in Kiroli do not get misguided to another person.

Format of the IFSC Code SDCE0001245

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 Kiroli in Satara.

For example, the IFSC Code SDCE0001245 of The Satara District Central Cooperative Bank Ltd for the Kiroli 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 SDCE0001245 of The Satara District Central Cooperative Bank Ltd for its Kiroli 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 Kiroli, 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 Kiroli or Satara to get the exact IFSC Code SDCE0001245.

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 SDCE0001245 for Online Transfers?

Once you have the IFSC Code SDCE0001245 for the Kiroli 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 SDCE0001245. 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 SDCE0001245.

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 Kiroli in Satara, your payment can get delayed or might not go through at all.

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 Kiroli, 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)

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

The IFSC Code of the Kiroli Satara branch is SDCE0001245.

Is IFSC Code SDCE0001245 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 Kiroli branch?

The branch is located at Tal-Koregaon,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.