IFSC Code of The Sindhudurg District Central Coop Bank Limited, Ghotage Branch, Maharashtra

Use this page as a one-stop reference for everything related to The Sindhudurg District Central Coop Bank Limited's GHOTAGE branch in GHOTAGE, MAHARASHTRA. The branch's IFSC code SIDC0001017 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.

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 Sindhudurg District Central Coop Bank Limited's GHOTAGE branch, the IFSC SIDC0001017 breaks down as follows: SIDC identifies the bank, 0 is the reserved character, and 001017 identifies this particular branch.

About The Sindhudurg District Central Coop Bank Limited

The Sindhudurg District Central Coop Bank Limited operates a wide network of branches across India, including the Ghotage branch in Ghotage. 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, SIDC0001017.

Branch details at a glance

About this branch

The branch is located at AT AND POST GHOTAGE TAL KUDAL. It serves the Ghotage 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 Sindhudurg District Central Coop Bank Limited. The IFSC SIDC0001017 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 Sindhudurg District Central Coop Bank Limited's GHOTAGE branch came to be assigned the code SIDC0001017.

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 SIDC0001017, money simply cannot be routed to the GHOTAGE branch electronically.

Account types you can open at the Ghotage branch

Once you have an account at The Sindhudurg District Central Coop Bank Limited – GHOTAGE, the IFSC SIDC0001017 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 Ghotage branch can access most of The Sindhudurg District Central Coop Bank Limited'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 SIDC0001017

How to transfer money using IFSC SIDC0001017

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 SIDC0001017 across all three.

How to use IFSC SIDC0001017 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Sindhudurg District Central Coop Bank Limited's GHOTAGE 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 SIDC0001017.
4. Confirm the bank name auto-populates as The Sindhudurg District Central Coop Bank Limited and the branch as GHOTAGE.
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 GHOTAGE

If you need to transfer ₹2 lakh or more in one go to an account at The Sindhudurg District Central Coop Bank Limited's GHOTAGE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SIDC0001017 while initiating the transfer and the credit will appear within minutes.

IMPS to The Sindhudurg District Central Coop Bank Limited GHOTAGE (IFSC SIDC0001017)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SIDC0001017 in your mobile or internet banking app, and the money is credited to the GHOTAGE branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Ghotage

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 SIDC0001017:

• 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 GHOTAGE is still linked to IFSC SIDC0001017.

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 The Sindhudurg District Central Coop Bank Limited's GHOTAGE branch, the IFSC SIDC0001017 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 Ghotage 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 SIDC0001017 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 & cheque-truncation details

Cheques drawn on the Ghotage branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SIDC0001017 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Common mistakes to avoid when using IFSC SIDC0001017

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 Sindhudurg District Central Coop Bank Limited – GHOTAGE, 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: SIDC0001017.
• 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.

Reaching the branch

The Ghotage branch sits at AT AND POST GHOTAGE TAL KUDAL. If you are travelling from outside Ghotage, search for the branch on a maps application using the bank name and locality, or call 2362-231007 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 SIDC0001017 and your account number.

Verifying IFSC SIDC0001017 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 SIDC0001017 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2362-231007.
• Visiting the bank's official branch locator page.

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 Ghotage branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SIDC0001017, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SIDC0001017 is the IFSC code of The Sindhudurg District Central Coop Bank Limited, GHOTAGE branch, in GHOTAGE, 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.