There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of The Sindhudurg District Central Coop Bank Ltd for its Kinjawade branch in Kinjawade, Sindhudurg, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of The Sindhudurg District Central Coop Bank Ltd situated in Kinjawade or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SIDC0001076. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for The Sindhudurg District Central Coop Bank Ltd, Kinjawade, Kinjawade
Here are the key points that are associated with the IFSC Code SIDC0001076 of The Sindhudurg District Central Coop Bank Ltd for its branch located in Kinjawade, within the district of Sindhudurg in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Sindhudurg District Central Coop Bank Ltd |
| IFSC Code | SIDC0001076 |
| Branch | Kinjawade |
| City | Kinjawade |
| District | Sindhudurg |
| State | Maharashtra |
| Address | Tandpostkinjvdetldeogd |
These details helps users in online banking and for businesses and individuals who use The Sindhudurg District Central Coop Bank Ltd in Kinjawade for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SIDC0001076 for the Kinjawade branch of The Sindhudurg District Central Coop Bank Ltd plays a vital 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 Kinjawade, Kinjawade, Maharashtra, are allotted a unique IFSC like SIDC0001076 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kinjawade.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kinjawade 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 Kinjawade reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SIDC0001076
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 Kinjawade in Kinjawade.
For example, the IFSC Code SIDC0001076 of The Sindhudurg District Central Coop Bank Ltd for the Kinjawade branch includes these elements, identifying the bank and the branch location in Kinjawade 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 SIDC0001076 of The Sindhudurg District Central Coop Bank Ltd for its Kinjawade branch located in Kinjawade, 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
You can easily find the IFSC and MICR codes because most banks, including The Sindhudurg District Central Coop Bank Ltd branches in Kinjawade and Sindhudurg, print them 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 Kinjawade or Kinjawade to get the exact IFSC Code SIDC0001076.
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 Kinjawade, you'll get the correct details.
How to Use IFSC Code SIDC0001076 for Online Transfers?
Once you have the IFSC Code SIDC0001076 for the Kinjawade branch of The Sindhudurg District Central Coop Bank Ltd in Kinjawade, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SIDC0001076. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 SIDC0001076.
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 Kinjawade in Kinjawade, 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 Kinjawade, 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 Kinjawade to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SIDC0001076.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Tandpostkinjvdetldeogd located in Kinjawade, Sindhudurg, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.