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 Shendurjane branch in Satara, Shendurjane Br Mpm Wai, 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 SDCE0001281. 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, Shendurjane, Satara

Here are the key points that are associated with the IFSC Code SDCE0001281 of The Satara District Central Cooperative Bank Ltd for its branch located in Satara, within the district of Shendurjane Br Mpm Wai in the state of Maharashtra.

Particulars Details
Bank The Satara District Central Cooperative Bank Ltd
IFSC Code SDCE0001281
Branch Shendurjane
City Satara
District Shendurjane Br Mpm Wai
State Maharashtra
Address Tal-Wai,Dist-Satara

These details help 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 SDCE0001281 for the Shendurjane branch of The Satara District Central Cooperative Bank Ltd has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like SDCE0001281 is given to every bank branch, including The Satara District Central Cooperative Bank Ltd located in Shendurjane, Satara, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the The Satara District Central Cooperative Bank Ltd branch in Satara.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Satara and Shendurjane Br Mpm Wai.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for The Satara District Central Cooperative Bank Ltd in Shendurjane doesn't end up at another location.

Format of the IFSC Code SDCE0001281

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 Shendurjane in Satara.

For example, the IFSC Code SDCE0001281 of The Satara District Central Cooperative Bank Ltd for the Shendurjane 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 SDCE0001281 of The Satara District Central Cooperative Bank Ltd for its Shendurjane 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 Shendurjane Br Mpm Wai, 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 Shendurjane or Satara to find the exact IFSC Code SDCE0001281.

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 SDCE0001281 for Online Transfers?

If you have the IFSC Code SDCE0001281 for the Shendurjane 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 SDCE0001281. 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 SDCE0001281.

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 Shendurjane in Satara, it may 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 Shendurjane, 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)

What is the IFSC Code of The Satara District Central Cooperative Bank Ltd in Shendurjane, Satara?

The IFSC Code is SDCE0001281.

Is the IFSC Code SDCE0001281 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of The Satara District Central Cooperative Bank Ltd Shendurjane?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Shendurjane branch?

The address of the branch is Tal-Wai,Dist-Satara located in Satara, Shendurjane Br Mpm Wai, Maharashtra.

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.