Samarth Sahakari Bank Limited

RBI has allotted the Indian Financial System Code in short denoted as IFSC code to all the bank branches in India to easily identify online fund transactions. IFSC codes are unique 11-digit codes with alphanumeric characters. These codes help the users to ensure that the transferred funds go to the right person account.

For example, we can take the IFSC code: "SBLS0000001" - of Samarth Sahakari Bank Limited branch in Solapur, Maharashtra.

Here, the first four alphabets, SBLS, indicate the bank name, i.e., Samarth Sahakari Bank Limited.
The fifth digit is 0 (zero) - provided for future use.
The last six digits 000001 - denotes a particular branch of Solapur, Maharashtra.

This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Samarth Sahakari Bank Limited account or to other bank accounts.

According to RBI guidelines, the IFSC code is mandatory for interbank transfers via, NEFT and RTGS to any bank in India. This code helps to avoid the risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches the right account holder at the specified branch.

Easy way to find Samarth Sahakari Bank Limited IFSC Code and MICR Code?

The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Samarth Sahakari Bank Limited. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter in the bank's official website.

Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes.

Samarth Sahakari Bank Limited Branch Details

Maharashtra

ABOUT SAMRATH SAHAKARI BANK

Samarth Sahakari Bank Limited at Solapur was established on 25 October 1996 on the auspicious occasion of KojagiriPornima. The bank has achieved the honor of fully computerized the bank from inception and it's the first bank in Solapur acquiring ISO Certification.

The bank operates its business in morning and evening shifts for the convenience of the customers. It provides prompt and excellent services to them.

In the Solapur and Pune City, the reputation and recognition acquired by the bank in just two decades is not considered but the outcome of consumers friendly services offered by the bank is valued. The services offered by the bank include ATM Centre, CBS e-Lobby, SMS alerts, Mobile banking, POS, EMV Cards, RTGS & NEFT etc.

The Board of Directors and employees of the bank have whole heartedly contributed their efforts in providing these services at lower costs. After introduction of e-Lobby facility under which cash receiving through machines, passbook printing facility is made available for customers 24*7. Samarth Bank has always observed and satisfied the various criterions to achieve glittering success.

SAMARTH SAVINGS SCHEME

Under this scheme, only students of more than 10 up to 18 years of age can open the account. The bank gives 4% interest per annum as per the rules fixed by RBI. Samarth Savings Account can be opened with minimum Rs.0. Cheque book facility to be provided with 60 leaves per year. ATM card facility is also available with Rs.150/- Additional charge. Customer can withdraw maximum Rs.20,000/-amount per day from any bank branch with withdrawal slip or cheque. Nomination facility is also available. Documents required as per KYC rules.

DHANASHREE SCHEMES

Under this scheme customer can be able to get maximum 30 days interest rate as per rate of interest chart. Some of the important features of this scheme are the customer can make transactions in value of Rs.1,000/- thousands only. The customer can withdraw amount from this account only using withdrawal slip. The Interest will be calculated on 30 days balance amount as per LIFO method. There is no ATM & Cheque Book Facility for this scheme.