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 Rethare Bk Gaon branch in Satara, Rethare Bk Gaon, 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 SDCE0001178. 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, Rethare Bk Gaon, Satara
The table below shows the main details of the IFSC Code SDCE0001178 for the The Satara District Central Cooperative Bank Ltd branch in Satara, which falls under the Rethare Bk Gaon district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Satara District Central Cooperative Bank Ltd |
| IFSC Code | SDCE0001178 |
| Branch | Rethare Bk Gaon |
| City | Satara |
| District | Rethare Bk Gaon |
| State | Maharashtra |
| Address | Tal-Karad,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 SDCE0001178 for the Rethare Bk Gaon 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 Rethare Bk Gaon, Satara, Maharashtra, is provided a unique IFSC like SDCE0001178 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 Rethare Bk Gaon.
- 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 Rethare Bk Gaon do not get misguided to another person.
Format of the IFSC Code SDCE0001178
The format of the IFSC Code for banks, including The Satara District Central Cooperative Bank Ltd, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Satara District Central Cooperative Bank Ltd, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Rethare Bk Gaon in Satara.
For example, the IFSC Code SDCE0001178 of The Satara District Central Cooperative Bank Ltd for the Rethare Bk Gaon branch includes 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?
If you are trying to find the IFSC Code SDCE0001178 of The Satara District Central Cooperative Bank Ltd for its Rethare Bk Gaon 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
Most banks, including The Satara District Central Cooperative Bank Ltd branches in Satara and Rethare Bk Gaon, print the IFSC and MICR codes 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 Rethare Bk Gaon or Satara to get the exact IFSC Code SDCE0001178.
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 SDCE0001178 for Online Transfers?
Once you have the IFSC Code SDCE0001178 for the Rethare Bk Gaon 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 SDCE0001178. 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 SDCE0001178.
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 Rethare Bk Gaon in Satara, it can result in delayed or failed transactions.
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 Rethare Bk Gaon, 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)
The IFSC Code is SDCE0001178.
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-Karad,Dist-Satara located in Satara, Rethare Bk Gaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.