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 Sindhudurg District Central Coop Bank Ltd for its Asraondi branch in Asraondi, Sindhudurg, 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 Sindhudurg District Central Coop Bank Ltd located in Asraondi or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SIDC0001052. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Sindhudurg District Central Coop Bank Ltd, Asraondi, Asraondi
The table below shows the main details of the IFSC Code SIDC0001052 for the The Sindhudurg District Central Coop Bank Ltd branch in Asraondi, which falls under the Sindhudurg district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Sindhudurg District Central Coop Bank Ltd |
| IFSC Code | SIDC0001052 |
| Branch | Asraondi |
| City | Asraondi |
| District | Sindhudurg |
| State | Maharashtra |
| Address | At And Post Asarondi Tal Malvan |
These details help users in online banking and for businesses and individuals who use The Sindhudurg District Central Coop Bank Ltd in Asraondi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIDC0001052 for the Asraondi branch of The Sindhudurg District Central Coop 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 provided by the Reserve Bank of India. Every bank branch, including The Sindhudurg District Central Coop Bank Ltd located in Asraondi, Asraondi, Maharashtra, is provided with a unique IFSC like SIDC0001052 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the The Sindhudurg District Central Coop Bank Ltd branch in Asraondi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Asraondi and Sindhudurg.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Sindhudurg District Central Coop Bank Ltd in Asraondi do not get mixed with another location.
Format of the IFSC Code SIDC0001052
This is the format of the IFSC Code for banks, including The Sindhudurg District Central Coop Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Sindhudurg District Central Coop 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 Asraondi in Asraondi.
For example, the IFSC Code SIDC0001052 of The Sindhudurg District Central Coop Bank Ltd for the Asraondi branch includes these elements, identifying the bank and the branch location in Asraondi and Maharashtra accurately.
How to Find IFSC Code for The Sindhudurg District Central Coop Bank Ltd?
If you are trying to find the IFSC Code SIDC0001052 of The Sindhudurg District Central Coop Bank Ltd for its Asraondi branch located in Asraondi, the following methods can help:
Cheque Book
The cheque book issued by The Sindhudurg District Central Coop 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 Sindhudurg District Central Coop Bank Ltd branches in Asraondi and Sindhudurg, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of The Sindhudurg District Central Coop Bank Ltd and navigate to the branch locator section. Search for Asraondi or Asraondi to get the exact IFSC Code SIDC0001052.
Mobile Banking App
If you use The Sindhudurg District Central Coop 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 Sindhudurg District Central Coop Bank Ltd and Asraondi, you'll get the correct details.
How to Use IFSC Code SIDC0001052 for Online Transfers?
If you have the IFSC Code SIDC0001052 for the Asraondi branch of The Sindhudurg District Central Coop Bank Ltd in Asraondi, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SIDC0001052. 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 Sindhudurg District Central Coop Bank Ltd IFSC Code SIDC0001052.
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 Sindhudurg District Central Coop Bank Ltd Asraondi in Asraondi, it may result in delayed or failed transactions.
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 Asraondi, 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 Asraondi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Asraondi Asraondi branch is SIDC0001052.
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 Asarondi Tal Malvan.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.