IFSC Code of Satara Sahakari Bank Limited, Panvel Branch, Maharashtra

If you are searching for the IFSC code of Satara Sahakari Bank Limited, PANVEL branch in RAIGAD, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is TSSB0000014. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the PANVEL branch, and detailed step-by-step guides for using the IFSC TSSB0000014 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For Satara Sahakari Bank Limited's PANVEL branch, the IFSC TSSB0000014 breaks down as follows: TSSB identifies the bank, 0 is the reserved character, and 000014 identifies this particular branch.

About the bank

Satara Sahakari Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Panvel branch in Raigad, Maharashtra is part of this network and uses the IFSC code TSSB0000014 for all electronic settlement.

About this branch

The branch is located at KALPATARU COMPLEX,1ST FLOOR,PLOT NO.51,SECTOR-9,KHANDA COLONY,NAVIN PANVEL. It serves the Raigad region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Satara Sahakari Bank Limited. The IFSC TSSB0000014 is used to identify this branch on the RBI payments network.

Branch details at a glance

Why every Satara Sahakari Bank Limited branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including PANVEL of Satara Sahakari Bank Limited — its own 11-character IFSC. The code TSSB0000014 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC TSSB0000014 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Panvel branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC TSSB0000014 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC TSSB0000014

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC TSSB0000014 across all three.

How to use IFSC TSSB0000014 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Satara Sahakari Bank Limited's PANVEL branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC TSSB0000014.
4. Confirm the bank name auto-populates as Satara Sahakari Bank Limited and the branch as PANVEL.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to PANVEL

If you need to transfer ₹2 lakh or more in one go to an account at Satara Sahakari Bank Limited's PANVEL branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC TSSB0000014 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to Satara Sahakari Bank Limited – PANVEL, use IMPS. With IFSC TSSB0000014 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Panvel

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC TSSB0000014:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at PANVEL is still linked to IFSC TSSB0000014.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Satara Sahakari Bank Limited's PANVEL branch, the IFSC TSSB0000014 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Products and account variants supported

Every account opened at the Panvel branch is mapped to IFSC TSSB0000014 on the RBI payments network. The branch generally supports the full retail product catalogue of Satara Sahakari Bank Limited, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains TSSB0000014.

Banking services available

The Panvel branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 27466144.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC TSSB0000014

Digital banking channels

Most day-to-day work that customers used to do at the Panvel branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC TSSB0000014 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

Reaching the branch

The Panvel branch sits at KALPATARU COMPLEX,1ST FLOOR,PLOT NO.51,SECTOR-9,KHANDA COLONY,NAVIN PANVEL. If you are travelling from outside Raigad, search for the branch on a maps application using the bank name and locality, or call 27466144 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC TSSB0000014 and your account number.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Satara Sahakari Bank Limited – PANVEL:

• The IFSC is exactly TSSB0000014 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Satara Sahakari Bank Limited as the bank name and PANVEL as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Working hours

Branch counters at Panvel are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to TSSB0000014 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC TSSB0000014 for Satara Sahakari Bank Limited – PANVEL, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch address & contact

Frequently asked questions

Final notes

To recap: TSSB0000014 is the IFSC code of Satara Sahakari Bank Limited, PANVEL branch, in RAIGAD, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.