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 Hirlok branch in Hirlok, 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 Hirlok or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SIDC0001069. 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, Hirlok, Hirlok
Here are the key points that are associated with the IFSC Code SIDC0001069 of The Sindhudurg District Central Coop Bank Ltd for its branch located in Hirlok, within the district of Sindhudurg in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Sindhudurg District Central Coop Bank Ltd |
| IFSC Code | SIDC0001069 |
| Branch | Hirlok |
| City | Hirlok |
| District | Sindhudurg |
| State | Maharashtra |
| Address | At And Post Hirlok Tal Kudal |
These details are important not only for users using online banking but also for businesses and individuals who use The Sindhudurg District Central Coop Bank Ltd in Hirlok for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SIDC0001069 for the Hirlok branch of The Sindhudurg District Central Coop 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 Sindhudurg District Central Coop Bank Ltd located in Hirlok, Hirlok, Maharashtra, are given a unique IFSC like SIDC0001069 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hirlok.
- 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 Hirlok 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 helps ensure that any money sent to The Sindhudurg District Central Coop Bank Ltd in Hirlok goes to the correct branch. This is important because The Sindhudurg District Central Coop 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 SIDC0001069
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:
- 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 Hirlok in Hirlok.
For example, the IFSC Code SIDC0001069 of The Sindhudurg District Central Coop Bank Ltd for the Hirlok branch includes these elements, identifying the bank and the branch location in Hirlok 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 SIDC0001069 of The Sindhudurg District Central Coop Bank Ltd for its Hirlok branch located in Hirlok, 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 Hirlok 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 Hirlok or Hirlok to get the exact IFSC Code SIDC0001069.
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 Hirlok, you'll get the correct details.
How to Use IFSC Code SIDC0001069 for Online Transfers?
Once you have the IFSC Code SIDC0001069 for the Hirlok branch of The Sindhudurg District Central Coop Bank Ltd in Hirlok, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SIDC0001069. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and The Sindhudurg District Central Coop Bank Ltd IFSC Code SIDC0001069.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Sindhudurg District Central Coop Bank Ltd Hirlok in Hirlok, it can 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 Hirlok, 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 Hirlok to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SIDC0001069.
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 At And Post Hirlok Tal Kudal located in Hirlok, Sindhudurg, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.