The Sindhudurg District Central Coop Bank Limited

RBI has allotted the Indian Financial System Code in short denoted as IFSC codes to all the bank branches in India. 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, without any errors.

For example, we can take the IFSC code: "SIDC0001999" - of The Sindhudurg District Central Coop Bank Limited, Sindhudurg, Maharashtra.

• Here, the first four alphabets, SIDC, indicate the bank name, i.e., The Sindhudurg District Central Coop Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits 00199 - denotes a particular branch at Sindhudurg, Maharashtra.

This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any The Sindhudurg District Central Coop 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.

Easy way to find The Sindhudurg District Central Coop 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 The Sindhudurg District Central Coop 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 into 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 code or MICR code.

The Sindhudurg District Central Coop Bank Limited Branch Details

• Maharashtra

ABOUT SINDHURG DISTRICT CENTRAL COOP BANK

• The Sindhudurg District Central Coop Bank Limited was established on 1 July 1983. The Ratnagiri District at Maharashtra was divided into two parts & separate Sindhudurg district came in existence, therefore earlier Ratnagiri District Central Co-operative Bank bifurcated under section 18 C of the MCS Act 1960 since that this bank has got separate entity & started functioning as a Apex District Central Co-operative Bank for entire district of Sindhudurg.


• The object of the bank is to provide funds to co-operative societies & others in Sindhudurg District. Initially, the authorized share capital was limited to the extent of 1.25 cores however at present the authorized share capital is raised up to Rs.31 cores. Currently, the bank is operating with a network of 98 branches & Head Office and 32 ATMs in Sindhudurg District.


• The bank is playing a very important role in the financial sector of Sindhudurg District. It is known as farmer's bank & implements different schemes in the interest of farmers & people of Sindhudurg are having full confidence. Therefore, more than 40% of the total population of Sindhudurg are account holders. Currently, working capital is Rs.2,367.91 cores & total deposit is Rs.1,347.84 cores.

ADDRESS:

The Sindhudurg District Central Coop Bank Limited,
PLOT NO.32,TalKudal, SindhudurgNagari Post,
Sindhudurg District - 416 812,
Maharashtra, India.
For further details contact:02362-229005 to 229010.
Toll Free No: 18002332288.
Email: ho@sindhudurgdcc.com