The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of The Satara District Central Cooperative Bank Ltd for its Vihe branch in Satara, Vihe, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed 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 SDCE0001228. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Satara District Central Cooperative Bank Ltd, Vihe, Satara
The table below shows the main details of the IFSC Code SDCE0001228 for the The Satara District Central Cooperative Bank Ltd branch in Satara, which falls under the Vihe district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Satara District Central Cooperative Bank Ltd |
| IFSC Code | SDCE0001228 |
| Branch | Vihe |
| City | Satara |
| District | Vihe |
| State | Maharashtra |
| Address | Tal-Patan,Dist-Satara |
These details are important not only for users using online banking but also for businesses and individuals who use The Satara District Central Cooperative Bank Ltd in Satara for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SDCE0001228 for the Vihe branch of The Satara District Central Cooperative Bank Ltd is vital.
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 Vihe, Satara, Maharashtra, are allotted a unique IFSC like SDCE0001228 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 Vihe.
- 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 Vihe reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SDCE0001228
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 of this:
- First 4 characters (AAAA): Represent the bank code. For The Satara District Central Cooperative Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Vihe in Satara.
For example, the IFSC Code SDCE0001228 of The Satara District Central Cooperative Bank Ltd for the Vihe 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 trying to find the IFSC Code SDCE0001228 of The Satara District Central Cooperative Bank Ltd for its Vihe branch located in Satara, the following methods can help:
Cheque Book
The cheque books that are issued by The Satara District Central Cooperative Bank Ltd include the IFSC Code which is printed on each cheque and 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 Vihe, 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 find the branch locator section. Search for Vihe or Satara to get the exact IFSC Code SDCE0001228.
Mobile Banking App
If you use The Satara District Central Cooperative Bank Ltd's mobile app, you can easily 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 to help you in searching for The Satara District Central Cooperative Bank Ltd and Satara that will provide accurate information.
How to Use IFSC Code SDCE0001228 for Online Transfers?
Once you have the IFSC Code SDCE0001228 for the Vihe branch of The Satara District Central Cooperative Bank Ltd in Satara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SDCE0001228. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 SDCE0001228.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Satara District Central Cooperative Bank Ltd Vihe in Satara, your payment can get delayed or might not go through at all.
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 Vihe, 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 SDCE0001228.
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-Patan,Dist-Satara located in Satara, Vihe, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.