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 Surat District Cooperative Bank Limited for its Chowk Bazar branch in Surat, Surat, Gujarat, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of The Surat District Cooperative Bank Limited located in Surat or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SDCB0000024. 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 Surat District Cooperative Bank Limited, Chowk Bazar, Surat
Here are the main details that are associated with the IFSC Code SDCB0000024 of The Surat District Cooperative Bank Limited for its branch located in Surat, within the district of Surat in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Surat District Cooperative Bank Limited |
| IFSC Code | SDCB0000024 |
| Branch | Chowk Bazar |
| City | Surat |
| District | Surat |
| State | Gujarat |
| Address | Kanjibhai Desai Samaj,Shikshan Bahvan, Opp. Musium, Chowk Bazar, Pincode : 395 003 |
These details are essential not only for online banking users but also for businesses and individuals who use The Surat District Cooperative Bank Limited in Surat for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SDCB0000024 for the Chowk Bazar branch of The Surat District Cooperative Bank Limited plays 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 Surat District Cooperative Bank Limited located in Chowk Bazar, Surat, Gujarat, are allotted a unique IFSC like SDCB0000024 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Surat.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Surat and Surat.
- 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 Surat District Cooperative Bank Limited in Chowk Bazar reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code SDCB0000024
This is the format of the IFSC Code for banks, including The Surat District Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Surat District Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Chowk Bazar in Surat.
For example, the IFSC Code SDCB0000024 of The Surat District Cooperative Bank Limited for the Chowk Bazar branch includes these elements, identifying the bank and the branch location in Surat and Gujarat accurately.
How to Find IFSC Code for The Surat District Cooperative Bank Limited?
If you are trying to find the IFSC Code SDCB0000024 of The Surat District Cooperative Bank Limited for its Chowk Bazar branch located in Surat, the following methods can help:
Cheque Book
The cheque book issued by The Surat District Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including The Surat District Cooperative Bank Limited branches in Surat and Surat, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of The Surat District Cooperative Bank Limited and navigate to the branch locator section. Search for Chowk Bazar or Surat to get the exact IFSC Code SDCB0000024.
Mobile Banking App
If you use The Surat District Cooperative Bank Limited'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 Surat District Cooperative Bank Limited and Surat, you'll get the correct details.
How to Use IFSC Code SDCB0000024 for Online Transfers?
Once you have the IFSC Code SDCB0000024 for the Chowk Bazar branch of The Surat District Cooperative Bank Limited in Surat, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SDCB0000024. 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 Surat District Cooperative Bank Limited IFSC Code SDCB0000024.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Surat District Cooperative Bank Limited Chowk Bazar in Surat, your payment can get delayed or might not go through at all.
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 Surat District Cooperative Bank Limited in Chowk Bazar, 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 Surat District Cooperative Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Surat manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SDCB0000024.
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 Kanjibhai Desai Samaj,Shikshan Bahvan, Opp. Musium, Chowk Bazar, Pincode : 395 003 located in Surat, Surat, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.