If you are searching for the IFSC code of The Satara District Central Cooperative Bank Ltd, MALAWADI branch in SATARA, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SDCE0001063. 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 MALAWADI branch, and detailed step-by-step guides for using the IFSC SDCE0001063 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.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for The Satara District Central Cooperative Bank Ltd – MALAWADI is SDCE0001063. The first four letters SDCE are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001063 map to this branch in SATARA, MAHARASHTRA.
Bank profile
The Satara District Central Cooperative Bank Ltd is among the recognised banks listed on the Reserve Bank of India's payments network. The Malawadi branch — IFSC SDCE0001063 — extends the bank's services to customers in and around Satara, Maharashtra.
Branch details at a glance
| Bank Name | The Satara District Central Cooperative Bank Ltd |
|---|---|
| Branch | Malawadi |
| IFSC Code | SDCE0001063 |
| MICR Code | Refer to cheque leaf |
| Branch Address | TAL-MAN,DIST-SATARA |
| City | Satara |
| District | Malawadi |
| State | Maharashtra |
| STD Code | 415523 |
| Phone | 2165250251 |
About the Malawadi branch
The Malawadi branch of The Satara District Central Cooperative Bank Ltd is situated at TAL-MAN,DIST-SATARA. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code SDCE0001063 is used.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how The Satara District Central Cooperative Bank Ltd's MALAWADI branch came to be assigned the code SDCE0001063.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC SDCE0001063, money simply cannot be routed to the MALAWADI branch electronically.
Products and account variants supported
Every account opened at the Malawadi branch is mapped to IFSC SDCE0001063 on the RBI payments network. The branch generally supports the full retail product catalogue of The Satara District Central Cooperative Bank Ltd, 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 SDCE0001063.
Banking services available
The Malawadi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 415523-2165250251.
- 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 SDCE0001063
How to transfer money using IFSC SDCE0001063
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 SDCE0001063 across all three.
How to use IFSC SDCE0001063 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Satara District Central Cooperative Bank Ltd's MALAWADI 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).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC SDCE0001063.
- Confirm the bank name auto-populates as The Satara District Central Cooperative Bank Ltd and the branch as MALAWADI.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC SDCE0001063
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to The Satara District Central Cooperative Bank Ltd – MALAWADI, ensure your bank's portal accepts IFSC SDCE0001063 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to The Satara District Central Cooperative Bank Ltd – MALAWADI, use IMPS. With IFSC SDCE0001063 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SDCE0001063 for The Satara District Central Cooperative Bank Ltd – MALAWADI, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – SDCE0001063 | Yes – SDCE0001063 | Yes – SDCE0001063 |
For most retail customers crediting the Malawadi branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
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 The Satara District Central Cooperative Bank Ltd's MALAWADI branch, the IFSC SDCE0001063 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.
Digital banking channels
Most day-to-day work that customers used to do at the Malawadi 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 SDCE0001063 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.
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by The Satara District Central Cooperative Bank Ltd carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SDCE0001063 and the account number together uniquely identify the Malawadi branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
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 The Satara District Central Cooperative Bank Ltd – MALAWADI:
- The IFSC is exactly SDCE0001063 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills The Satara District Central Cooperative Bank Ltd as the bank name and MALAWADI 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.
How to reach the Malawadi branch
The branch is located at TAL-MAN,DIST-SATARA, which puts it inside Satara, the broader Malawadi district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “The Satara District Central Cooperative Bank Ltd Malawadi branch” — the verified location pin for IFSC SDCE0001063 should appear at the top of the results.
- Confirm the branch is open by calling 415523-2165250251 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SDCE0001063 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC SDCE0001063 for The Satara District Central Cooperative Bank Ltd – MALAWADI, 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 banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Malawadi branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SDCE0001063, however, work 24x7.
Branch address & contact
The Satara District Central Cooperative Bank LtdMalawadi Branch
TAL-MAN,DIST-SATARA
Satara, Maharashtra
Phone: 415523-2165250251
IFSC: SDCE0001063
Frequently asked questions
How quickly will an NEFT transfer using SDCE0001063 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Satara District Central Cooperative Bank Ltd – Malawadi reflect within 30 minutes.
How do I add The Satara District Central Cooperative Bank Ltd Malawadi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SDCE0001063, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC SDCE0001063 valid for NEFT and RTGS?
Yes. IFSC SDCE0001063 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the IFSC code of The Satara District Central Cooperative Bank Ltd Malawadi branch?
The IFSC code of The Satara District Central Cooperative Bank Ltd, Malawadi branch is SDCE0001063. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Malawadi branch but serve different purposes.
Can I use IFSC SDCE0001063 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SDCE0001063 to send funds instantly.
What is the phone number of The Satara District Central Cooperative Bank Ltd Malawadi branch?
You can reach the branch at 415523-2165250251 during regular banking hours.
Summary
The IFSC code SDCE0001063 belongs to The Satara District Central Cooperative Bank Ltd's MALAWADI branch, located at TAL-MAN,DIST-SATARA in SATARA, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
