Below are the complete branch details for The Satara District Central Cooperative Bank Ltd, MURUD branch, located in SATARA, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is SDCE0001187. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SDCE0001187 for The Satara District Central Cooperative Bank Ltd – MURUD — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 – MURUD is SDCE0001187. The first four letters SDCE are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001187 map to this branch in SATARA, MAHARASHTRA.
Branch details at a glance
| Bank Name | The Satara District Central Cooperative Bank Ltd |
|---|---|
| Branch | Murud |
| IFSC Code | SDCE0001187 |
| MICR Code | Refer to cheque leaf |
| Branch Address | TAL-PATAN,DIST-SATARA |
| City | Satara |
| District | Murud |
| State | Maharashtra |
| STD Code | 415014 |
| Phone | 2372267529 |
About the bank
The Satara District Central Cooperative Bank Ltd serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Murud branch in Satara, Maharashtra is part of this network and uses the IFSC code SDCE0001187 for all electronic settlement.
About the Murud branch
The Murud branch of The Satara District Central Cooperative Bank Ltd is situated at TAL-PATAN,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 SDCE0001187 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 MURUD branch came to be assigned the code SDCE0001187.
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 SDCE0001187, money simply cannot be routed to the MURUD branch electronically.
How to transfer money using IFSC SDCE0001187
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 SDCE0001187 across all three.
How to use IFSC SDCE0001187 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 MURUD 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 SDCE0001187.
- Confirm the bank name auto-populates as The Satara District Central Cooperative Bank Ltd and the branch as MURUD.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC SDCE0001187
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 – MURUD, ensure your bank's portal accepts IFSC SDCE0001187 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 – MURUD, use IMPS. With IFSC SDCE0001187 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 Murud
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 SDCE0001187:
- 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 MURUD is still linked to IFSC SDCE0001187.
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.
UPI payments and IFSC SDCE0001187
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at The Satara District Central Cooperative Bank Ltd – MURUD is still mapped to IFSC SDCE0001187. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SDCE0001187 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Murud branch is mapped to IFSC SDCE0001187 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 SDCE0001187.
Banking services available
The Murud branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 415014-2372267529.
- 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 SDCE0001187
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 SDCE0001187 and the account number together uniquely identify the Murud branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC SDCE0001187
The Satara District Central Cooperative Bank Ltd customers can register for net banking and the bank's official mobile app once their account at the MURUD branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SDCE0001187 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Common mistakes to avoid when using IFSC SDCE0001187
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to The Satara District Central Cooperative Bank Ltd – MURUD, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
SDCE0001187. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
How to reach the Murud branch
The branch is located at TAL-PATAN,DIST-SATARA, which puts it inside Satara, the broader Murud 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 Murud branch” — the verified location pin for IFSC SDCE0001187 should appear at the top of the results.
- Confirm the branch is open by calling 415014-2372267529 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 SDCE0001187 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC SDCE0001187 for The Satara District Central Cooperative Bank Ltd – MURUD, 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.
Working hours
Branch counters at Murud 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 SDCE0001187 continue to work without interruption.
Branch address & contact
The Satara District Central Cooperative Bank LtdMurud Branch
TAL-PATAN,DIST-SATARA
Satara, Maharashtra
Phone: 415014-2372267529
IFSC: SDCE0001187
Frequently asked questions
Can I use IFSC SDCE0001187 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SDCE0001187 to send funds instantly.
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 Murud branch but serve different purposes.
Is IFSC SDCE0001187 the same for all accounts at Murud branch?
Yes. The IFSC SDCE0001187 is shared by every account held at The Satara District Central Cooperative Bank Ltd's Murud branch. Only the account number changes from customer to customer.
Where is The Satara District Central Cooperative Bank Ltd Murud branch located?
The Satara District Central Cooperative Bank Ltd's Murud branch is located at TAL-PATAN,DIST-SATARA, Satara, Maharashtra.
How do I add The Satara District Central Cooperative Bank Ltd Murud as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SDCE0001187, and complete OTP verification. Once activated, you can transfer funds at any time.
Does The Satara District Central Cooperative Bank Ltd Murud branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 415014-2372267529 to confirm.
Is IFSC SDCE0001187 valid for NEFT and RTGS?
Yes. IFSC SDCE0001187 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: SDCE0001187 is the IFSC code of The Satara District Central Cooperative Bank Ltd, MURUD branch, in SATARA, 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.
