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 Vikhale Khatav branch in Satara, Vikhale Khatav, 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 SDCE0001195. 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, Vikhale Khatav, Satara

Here are the main details that are associated with the IFSC Code SDCE0001195 of The Satara District Central Cooperative Bank Ltd for its branch located in Satara, within the district of Vikhale Khatav in the state of Maharashtra.

Particulars Details
Bank The Satara District Central Cooperative Bank Ltd
IFSC Code SDCE0001195
Branch Vikhale Khatav
City Satara
District Vikhale Khatav
State Maharashtra
Address Tal-Khatav,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 SDCE0001195 for the Vikhale Khatav 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 Vikhale Khatav, Satara, Maharashtra, are given a unique IFSC like SDCE0001195 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 any kind of confusion between different branches of the same bank in places like Satara and Vikhale Khatav.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to The Satara District Central Cooperative Bank Ltd in Vikhale Khatav goes to the correct branch. This is important because The Satara District Central Cooperative Bank Ltd has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SDCE0001195

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:

  • First 4 characters (AAAA): These represent the bank code. In The Satara District Central Cooperative Bank Ltd, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Vikhale Khatav in Satara.

For example, the IFSC Code SDCE0001195 of The Satara District Central Cooperative Bank Ltd for the Vikhale Khatav branch has 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 looking for the IFSC Code SDCE0001195 of The Satara District Central Cooperative Bank Ltd for its Vikhale Khatav 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 Vikhale Khatav, 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 Vikhale Khatav or Satara to get the exact IFSC Code SDCE0001195.

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 SDCE0001195 for Online Transfers?

Once you have the IFSC Code SDCE0001195 for the Vikhale Khatav 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 SDCE0001195. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and The Satara District Central Cooperative Bank Ltd IFSC Code SDCE0001195.

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 Vikhale Khatav 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 differ from IFSC codes. If you are looking for the MICR code of The Satara District Central Cooperative Bank Ltd in Vikhale Khatav, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Satara to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is SDCE0001195.

Is the IFSC Code SDCE0001195 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

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

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Vikhale Khatav branch?

The address of the branch is Tal-Khatav,Dist-Satara located in Satara, Vikhale Khatav, 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.