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 Danoli branch in Danoli, 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 Danoli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SIDC0001100. 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, Danoli, Danoli
Here are the main details that are associated with the IFSC Code SIDC0001100 of The Sindhudurg District Central Coop Bank Ltd for its branch located in Danoli, within the district of Sindhudurg in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Sindhudurg District Central Coop Bank Ltd |
| IFSC Code | SIDC0001100 |
| Branch | Danoli |
| City | Danoli |
| District | Sindhudurg |
| State | Maharashtra |
| Address | At And Post Danoli Tal Sawantwadi |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Sindhudurg District Central Coop Bank Ltd in Danoli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIDC0001100 for the Danoli branch of The Sindhudurg District Central Coop 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, including The Sindhudurg District Central Coop Bank Ltd located in Danoli, Danoli, Maharashtra, is provided with a unique IFSC like SIDC0001100 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 Danoli.
- 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 Danoli 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 Danoli do not get mixed with another location.
Format of the IFSC Code SIDC0001100
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 breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For The Sindhudurg District Central Coop 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 Danoli in Danoli.
For example, the IFSC Code SIDC0001100 of The Sindhudurg District Central Coop Bank Ltd for the Danoli branch includes these elements, identifying the bank and the branch location in Danoli 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 SIDC0001100 of The Sindhudurg District Central Coop Bank Ltd for its Danoli branch located in Danoli, 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 Danoli 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 Danoli or Danoli to get the exact IFSC Code SIDC0001100.
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 Danoli, you'll get the correct details.
How to Use IFSC Code SIDC0001100 for Online Transfers?
Once you have the IFSC Code SIDC0001100 for the Danoli branch of The Sindhudurg District Central Coop Bank Ltd in Danoli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SIDC0001100. 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 SIDC0001100.
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 Danoli in Danoli, 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 Sindhudurg District Central Coop Bank Ltd in Danoli, 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 Sindhudurg District Central Coop Bank Ltd website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Danoli manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SIDC0001100.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is At And Post Danoli Tal Sawantwadi located in Danoli, Sindhudurg, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.