Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of The Sindhudurg District Central Coop Bank Ltd for its Tendoli branch in Tendoli, Sindhudurg, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of The Sindhudurg District Central Coop Bank Ltd located in Tendoli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SIDC0001068. You should definitely 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, Tendoli, Tendoli
The table below shows the main details of the IFSC Code SIDC0001068 for the The Sindhudurg District Central Coop Bank Ltd branch in Tendoli, which falls under the Sindhudurg district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Sindhudurg District Central Coop Bank Ltd |
| IFSC Code | SIDC0001068 |
| Branch | Tendoli |
| City | Tendoli |
| District | Sindhudurg |
| State | Maharashtra |
| Address | At And Post Tendoli 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 Tendoli for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SIDC0001068 for the Tendoli 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, which is 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 Tendoli, Tendoli, Maharashtra, is provided a unique IFSC like SIDC0001068 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the The Sindhudurg District Central Coop Bank Ltd branch in Tendoli.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Tendoli and Sindhudurg.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for The Sindhudurg District Central Coop Bank Ltd in Tendoli do not get misguided to another person.
Format of the IFSC Code SIDC0001068
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 Tendoli in Tendoli.
For example, the IFSC Code SIDC0001068 of The Sindhudurg District Central Coop Bank Ltd for the Tendoli branch has these elements, identifying the bank and the branch location in Tendoli and Maharashtra correctly.
How to Find IFSC Code for The Sindhudurg District Central Coop Bank Ltd?
If you are trying to find the IFSC Code SIDC0001068 of The Sindhudurg District Central Coop Bank Ltd for its Tendoli branch located in Tendoli, the following methods can help:
Cheque Book
The cheque books that are issued by The Sindhudurg District Central Coop Bank Ltd include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including The Sindhudurg District Central Coop Bank Ltd branches in Tendoli 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 find the branch locator section. Search for Tendoli or Tendoli to get the exact IFSC Code SIDC0001068.
Mobile Banking App
If you use The Sindhudurg District Central Coop Bank Ltd's mobile app, you can easily 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 to help you in searching for The Sindhudurg District Central Coop Bank Ltd and Tendoli that will provide accurate information.
How to Use IFSC Code SIDC0001068 for Online Transfers?
Once you have the IFSC Code SIDC0001068 for the Tendoli branch of The Sindhudurg District Central Coop Bank Ltd in Tendoli, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SIDC0001068. 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 SIDC0001068.
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 Tendoli in Tendoli, 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 Tendoli, 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 Tendoli manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SIDC0001068.
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 At And Post Tendoli Tal Kudal located in Tendoli, Sindhudurg, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.