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 Kondave branch in Satara, Kondave Br Mysatara, 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 SDCE0001284. 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, Kondave, Satara
The table below shows the main details of the IFSC Code SDCE0001284 for the The Satara District Central Cooperative Bank Ltd branch in Satara, which falls under the Kondave Br Mysatara district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Satara District Central Cooperative Bank Ltd |
| IFSC Code | SDCE0001284 |
| Branch | Kondave |
| City | Satara |
| District | Kondave Br Mysatara |
| State | Maharashtra |
| Address | Tal-Satara,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 SDCE0001284 for the Kondave 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, along with The Satara District Central Cooperative Bank Ltd located in Kondave, Satara, Maharashtra, are allotted a unique IFSC like SDCE0001284 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Satara.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Satara and Kondave Br Mysatara.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to The Satara District Central Cooperative Bank Ltd in Kondave reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SDCE0001284
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 Kondave in Satara.
For example, the IFSC Code SDCE0001284 of The Satara District Central Cooperative Bank Ltd for the Kondave 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 SDCE0001284 of The Satara District Central Cooperative Bank Ltd for its Kondave 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 Kondave Br Mysatara, 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 Kondave or Satara to find the exact IFSC Code SDCE0001284.
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 SDCE0001284 for Online Transfers?
Once you have the IFSC Code SDCE0001284 for the Kondave 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 SDCE0001284. 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 SDCE0001284.
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 Kondave in Satara may result in delayed or failed transactions.
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 Kondave, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Satara manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kondave Satara branch is SDCE0001284.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Tal-Satara,Dist-Satara.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.