IFSC Code of The Satara District Central Cooperative Bank Ltd, Parali Branch, Maharashtra

Use this page as a one-stop reference for everything related to The Satara District Central Cooperative Bank Ltd's PARALI branch in SATARA, MAHARASHTRA. The branch's IFSC code SDCE0001029 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

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 – PARALI is SDCE0001029. The first four letters SDCE are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001029 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 Parali branch — IFSC SDCE0001029 — extends the bank's services to customers in and around Satara, Maharashtra.

About this branch

The branch is located at TAL-SATARA,DIST-SATARA. It serves the Satara region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of The Satara District Central Cooperative Bank Ltd. The IFSC SDCE0001029 is used to identify this branch on the RBI payments network.

Branch details at a glance

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 PARALI branch came to be assigned the code SDCE0001029.

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 SDCE0001029, money simply cannot be routed to the PARALI branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Parali branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SDCE0001029 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 SDCE0001029

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 SDCE0001029 across all three.

NEFT to The Satara District Central Cooperative Bank Ltd, PARALI using IFSC SDCE0001029

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SDCE0001029, and confirm that the system picks up The Satara District Central Cooperative Bank Ltd – PARALI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to PARALI

If you need to transfer ₹2 lakh or more in one go to an account at The Satara District Central Cooperative Bank Ltd's PARALI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SDCE0001029 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to The Satara District Central Cooperative Bank Ltd – PARALI, use IMPS. With IFSC SDCE0001029 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 SDCE0001029 for The Satara District Central Cooperative Bank Ltd – PARALI, 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.

For most retail customers crediting the Parali 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.

UPI payments and IFSC SDCE0001029

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 – PARALI is still mapped to IFSC SDCE0001029. 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 SDCE0001029 and the beneficiary's account number to complete the transfer.

Account types you can open at the Parali branch

Once you have an account at The Satara District Central Cooperative Bank Ltd – PARALI, the IFSC SDCE0001029 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Parali branch can access most of The Satara District Central Cooperative Bank Ltd's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC SDCE0001029

Digital banking channels

Most day-to-day work that customers used to do at the Parali 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 SDCE0001029 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 Parali branch sits at TAL-SATARA,DIST-SATARA. If you are travelling from outside Satara, search for the branch on a maps application using the bank name and locality, or call 415013-2162278223 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 SDCE0001029 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 The Satara District Central Cooperative Bank Ltd – PARALI:

• The IFSC is exactly SDCE0001029 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 PARALI 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 Parali 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 SDCE0001029 continue to work without interruption.

Verifying IFSC SDCE0001029 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SDCE0001029 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 415013-2162278223.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: SDCE0001029 is the IFSC code of The Satara District Central Cooperative Bank Ltd, PARALI 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.