If you are searching for the IFSC code of The Satara District Central Cooperative Bank Ltd, VARKUTE MALAWADI branch in SATARA, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SDCE0001102. 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 VARKUTE MALAWADI branch, and detailed step-by-step guides for using the IFSC SDCE0001102 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 The Satara District Central Cooperative Bank Ltd's VARKUTE MALAWADI branch, the IFSC SDCE0001102 breaks down as follows: SDCE identifies the bank, 0 is the reserved character, and 001102 identifies this particular branch.
About The Satara District Central Cooperative Bank Ltd
The Satara District Central Cooperative Bank Ltd operates a wide network of branches across India, including the Varkute Malawadi branch in Satara. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, SDCE0001102.
Branch details at a glance
| Bank Name | The Satara District Central Cooperative Bank Ltd |
|---|---|
| Branch | Varkute Malawadi |
| IFSC Code | SDCE0001102 |
| MICR Code | Refer to cheque leaf |
| Branch Address | TAL-MAN,DIST-SATARA |
| City | Satara |
| District | Varkute Malawadi |
| State | Maharashtra |
| STD Code | 415509 |
| Phone | 2373272223 |
About this branch
The branch is located at TAL-MAN,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 SDCE0001102 is used to identify this branch on the RBI payments network.
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 VARKUTE MALAWADI branch came to be assigned the code SDCE0001102.
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 SDCE0001102, money simply cannot be routed to the VARKUTE MALAWADI branch electronically.
Account types you can open at the Varkute Malawadi branch
Once you have an account at The Satara District Central Cooperative Bank Ltd – VARKUTE MALAWADI, the IFSC SDCE0001102 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.
Banking services available
The Varkute Malawadi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 415509-2373272223.
- 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 SDCE0001102
How to transfer money using IFSC SDCE0001102
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 SDCE0001102 across all three.
NEFT to The Satara District Central Cooperative Bank Ltd, VARKUTE MALAWADI using IFSC SDCE0001102
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 SDCE0001102, and confirm that the system picks up The Satara District Central Cooperative Bank Ltd – VARKUTE MALAWADI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to VARKUTE MALAWADI
If you need to transfer ₹2 lakh or more in one go to an account at The Satara District Central Cooperative Bank Ltd's VARKUTE MALAWADI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SDCE0001102 while initiating the transfer and the credit will appear within minutes.
IMPS to The Satara District Central Cooperative Bank Ltd VARKUTE MALAWADI (IFSC SDCE0001102)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SDCE0001102 in your mobile or internet banking app, and the money is credited to the VARKUTE MALAWADI branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SDCE0001102 for The Satara District Central Cooperative Bank Ltd – VARKUTE 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 – SDCE0001102 | Yes – SDCE0001102 | Yes – SDCE0001102 |
For most retail customers crediting the Varkute 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.
UPI payments and IFSC SDCE0001102
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 – VARKUTE MALAWADI is still mapped to IFSC SDCE0001102. 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 SDCE0001102 and the beneficiary's account number to complete the transfer.
Digital banking channels
Most day-to-day work that customers used to do at the Varkute 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 SDCE0001102 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 SDCE0001102 and the account number together uniquely identify the Varkute 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 – VARKUTE MALAWADI:
- The IFSC is exactly SDCE0001102 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 VARKUTE 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 Varkute Malawadi branch
The branch is located at TAL-MAN,DIST-SATARA, which puts it inside Satara, the broader Varkute 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 Varkute Malawadi branch” — the verified location pin for IFSC SDCE0001102 should appear at the top of the results.
- Confirm the branch is open by calling 415509-2373272223 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 SDCE0001102 and your account number.
Verifying IFSC SDCE0001102 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 SDCE0001102 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 415509-2373272223.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Varkute Malawadi 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 SDCE0001102 continue to work without interruption.
Branch address & contact
The Satara District Central Cooperative Bank LtdVarkute Malawadi Branch
TAL-MAN,DIST-SATARA
Satara, Maharashtra
Phone: 415509-2373272223
IFSC: SDCE0001102
Frequently asked questions
Does The Satara District Central Cooperative Bank Ltd Varkute Malawadi branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 415509-2373272223 to confirm.
How quickly will an NEFT transfer using SDCE0001102 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Satara District Central Cooperative Bank Ltd – Varkute Malawadi reflect within 30 minutes.
Can I use IFSC SDCE0001102 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SDCE0001102 to send funds instantly.
What is the phone number of The Satara District Central Cooperative Bank Ltd Varkute Malawadi branch?
You can reach the branch at 415509-2373272223 during regular banking hours.
Is IFSC SDCE0001102 the same for all accounts at Varkute Malawadi branch?
Yes. The IFSC SDCE0001102 is shared by every account held at The Satara District Central Cooperative Bank Ltd's Varkute Malawadi branch. Only the account number changes from customer to customer.
How do I add The Satara District Central Cooperative Bank Ltd Varkute Malawadi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SDCE0001102, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is The Satara District Central Cooperative Bank Ltd Varkute Malawadi branch located?
The Satara District Central Cooperative Bank Ltd's Varkute Malawadi branch is located at TAL-MAN,DIST-SATARA, Satara, Maharashtra.
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 Varkute Malawadi branch but serve different purposes.
Summary
The IFSC code SDCE0001102 belongs to The Satara District Central Cooperative Bank Ltd's VARKUTE 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.
