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 Sindhudurg District Central Coop Bank Ltd for its Ambrad branch in Ambrad, Sindhudurg, 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 Sindhudurg District Central Coop Bank Ltd located in Ambrad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SIDC0001048. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for The Sindhudurg District Central Coop Bank Ltd, Ambrad, Ambrad
The table below shows the main details of the IFSC Code SIDC0001048 for the The Sindhudurg District Central Coop Bank Ltd branch in Ambrad, which falls under the Sindhudurg district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Sindhudurg District Central Coop Bank Ltd |
| IFSC Code | SIDC0001048 |
| Branch | Ambrad |
| City | Ambrad |
| District | Sindhudurg |
| State | Maharashtra |
| Address | At And Post Ambrad Tal Kudal |
These details are essential not only for online banking users but also for businesses and individuals who use The Sindhudurg District Central Coop Bank Ltd in Ambrad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIDC0001048 for the Ambrad branch of The Sindhudurg District Central Coop Bank Ltd plays 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 Sindhudurg District Central Coop Bank Ltd located in Ambrad, Ambrad, Maharashtra, are allotted a unique IFSC like SIDC0001048 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ambrad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ambrad and Sindhudurg.
- 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 Sindhudurg District Central Coop Bank Ltd in Ambrad reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SIDC0001048
The format of the IFSC Code for banks, including The Sindhudurg District Central Coop Bank Ltd, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Sindhudurg District Central Coop 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 Ambrad in Ambrad.
For example, the IFSC Code SIDC0001048 of The Sindhudurg District Central Coop Bank Ltd for the Ambrad branch includes these elements, identifying the bank and the branch location in Ambrad and Maharashtra correctly.
How to Find IFSC Code for The Sindhudurg District Central Coop Bank Ltd?
If you are trying to find the IFSC Code SIDC0001048 of The Sindhudurg District Central Coop Bank Ltd for its Ambrad branch located in Ambrad, the following methods can help:
Cheque Book
The cheque books that are issued by The Sindhudurg District Central Coop 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 Sindhudurg District Central Coop Bank Ltd branches in Ambrad and Sindhudurg, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Sindhudurg District Central Coop Bank Ltd and find the branch locator section. Search for Ambrad or Ambrad to get the exact IFSC Code SIDC0001048.
Mobile Banking App
If you use The Sindhudurg District Central Coop 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 Sindhudurg District Central Coop Bank Ltd and Ambrad that will provide accurate information.
How to Use IFSC Code SIDC0001048 for Online Transfers?
Once you have the IFSC Code SIDC0001048 for the Ambrad branch of The Sindhudurg District Central Coop Bank Ltd in Ambrad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SIDC0001048. 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 Sindhudurg District Central Coop Bank Ltd IFSC Code SIDC0001048.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Sindhudurg District Central Coop Bank Ltd Ambrad in Ambrad, 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 Sindhudurg District Central Coop Bank Ltd in Ambrad, 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 Sindhudurg District Central Coop Bank Ltd website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Ambrad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ambrad Ambrad branch is SIDC0001048.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at At And Post Ambrad Tal Kudal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.