There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of The Satara District Central Cooperative Bank Ltd for its Kumbharoshi branch in Satara, Kumbharoshi, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of The Satara District Central Cooperative Bank Ltd situated in Satara or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SDCE0001174. You should 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, Kumbharoshi, Satara
Below in the table are the key details related to IFSC Code SDCE0001174 of The Satara District Central Cooperative Bank Ltd for its branch located in Satara, within the district of Kumbharoshi in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Satara District Central Cooperative Bank Ltd |
| IFSC Code | SDCE0001174 |
| Branch | Kumbharoshi |
| City | Satara |
| District | Kumbharoshi |
| State | Maharashtra |
| Address | Tal-Mahabaleshwar,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 SDCE0001174 for the Kumbharoshi 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, along with The Satara District Central Cooperative Bank Ltd located in Kumbharoshi, Satara, Maharashtra, are allotted a unique IFSC like SDCE0001174 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 Kumbharoshi.
- 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 Kumbharoshi reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SDCE0001174
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 Kumbharoshi in Satara.
For example, the IFSC Code SDCE0001174 of The Satara District Central Cooperative Bank Ltd for the Kumbharoshi 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 SDCE0001174 of The Satara District Central Cooperative Bank Ltd for its Kumbharoshi 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 Kumbharoshi, 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 Kumbharoshi or Satara to get the exact IFSC Code SDCE0001174.
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 SDCE0001174 for Online Transfers?
Once you have the IFSC Code SDCE0001174 for the Kumbharoshi branch of The Satara District Central Cooperative Bank Ltd in Satara, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SDCE0001174. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and The Satara District Central Cooperative Bank Ltd IFSC Code SDCE0001174.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Satara District Central Cooperative Bank Ltd Kumbharoshi in Satara, it can 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 Kumbharoshi, 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 SDCE0001174.
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-Mahabaleshwar,Dist-Satara located in Satara, Kumbharoshi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.