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 Humarmala branch in Humarmala, 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 Humarmala or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SIDC0001066. 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, Humarmala, Humarmala
Here are the main details that are associated with the IFSC Code SIDC0001066 of The Sindhudurg District Central Coop Bank Ltd for its branch located in Humarmala, within the district of Sindhudurg in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Sindhudurg District Central Coop Bank Ltd |
| IFSC Code | SIDC0001066 |
| Branch | Humarmala |
| City | Humarmala |
| District | Sindhudurg |
| State | Maharashtra |
| Address | At And Post Walawal Humarmala Tal Kudal |
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 Humarmala for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIDC0001066 for the Humarmala 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, along with The Sindhudurg District Central Coop Bank Ltd located in Humarmala, Humarmala, Maharashtra, are given a unique IFSC like SIDC0001066 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Humarmala.
- 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 Humarmala 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 Humarmala 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 SIDC0001066
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): These represent the bank code. In The Sindhudurg District Central Coop 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 Humarmala in Humarmala.
For example, the IFSC Code SIDC0001066 of The Sindhudurg District Central Coop Bank Ltd for the Humarmala branch has these elements, identifying the bank and the branch location in Humarmala and Maharashtra correctly.
How to Find IFSC Code for The Sindhudurg District Central Coop Bank Ltd?
To find the IFSC Code SIDC0001066 of The Sindhudurg District Central Coop Bank Ltd for its Humarmala branch located in Humarmala, the following methods can help you out:
Cheque Book
The cheque book issued by The Sindhudurg District Central Coop Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including The Sindhudurg District Central Coop Bank Ltd branches in Humarmala 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 go to the branch locator section. Then search for Humarmala or Humarmala to find the exact IFSC Code SIDC0001066.
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 maintains an updated database of all IFSC codes. Searching for The Sindhudurg District Central Coop Bank Ltd and Humarmala will provide accurate information.
How to Use IFSC Code SIDC0001066 for Online Transfers?
Once you have the IFSC Code SIDC0001066 for the Humarmala branch of The Sindhudurg District Central Coop Bank Ltd in Humarmala, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SIDC0001066. Transfers are processed in batches. This is 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. Requires the recipient's account details and The Sindhudurg District Central Coop Bank Ltd IFSC Code SIDC0001066.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Sindhudurg District Central Coop Bank Ltd Humarmala in Humarmala may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of The Sindhudurg District Central Coop Bank Ltd in Humarmala, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official The Sindhudurg District Central Coop Bank Ltd website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Humarmala manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SIDC0001066.
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 Walawal Humarmala Tal Kudal located in Humarmala, Sindhudurg, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.