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 Pusegaon branch in Satara, Pusegaon, 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 SDCE0001022. 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, Pusegaon, Satara
Here are the key points that are associated with the IFSC Code SDCE0001022 of The Satara District Central Cooperative Bank Ltd for its branch located in Satara, within the district of Pusegaon in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Satara District Central Cooperative Bank Ltd |
| IFSC Code | SDCE0001022 |
| Branch | Pusegaon |
| City | Satara |
| District | Pusegaon |
| State | Maharashtra |
| Address | Tal-Khatav,Dist-Satara |
These details are essential not only for online banking users but also for businesses and individuals who use The Satara District Central Cooperative Bank Ltd in Satara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SDCE0001022 for the Pusegaon branch of The Satara District Central Cooperative Bank Ltd plays 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 Pusegaon, Satara, Maharashtra, is provided a unique IFSC like SDCE0001022 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 Pusegaon.
- 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 Pusegaon do not get misguided to another person.
Format of the IFSC Code SDCE0001022
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 Pusegaon in Satara.
For example, the IFSC Code SDCE0001022 of The Satara District Central Cooperative Bank Ltd for the Pusegaon 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?
To find the IFSC Code SDCE0001022 of The Satara District Central Cooperative Bank Ltd for its Pusegaon 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 Pusegaon, 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 Pusegaon or Satara to find the exact IFSC Code SDCE0001022.
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 SDCE0001022 for Online Transfers?
If you have the IFSC Code SDCE0001022 for the Pusegaon branch of The Satara District Central Cooperative Bank Ltd in Satara, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SDCE0001022. Transfers are processed in batches. 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. Asks for the recipient's account details and The Satara District Central Cooperative Bank Ltd IFSC Code SDCE0001022.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Satara District Central Cooperative Bank Ltd Pusegaon in Satara, it 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 Pusegaon, 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 SDCE0001022.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Tal-Khatav,Dist-Satara located in Satara, Pusegaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.