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

If you are searching for the IFSC code of The Sindhudurg District Central Coop Bank Limited, MAJGAON branch in MAJGAON, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SIDC0001080. 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 MAJGAON branch, and detailed step-by-step guides for using the IFSC SIDC0001080 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.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, SIDC0001080 is the IFSC of The Sindhudurg District Central Coop Bank Limited's MAJGAON branch. The format is fixed: SIDC = bank code, 0 = reserved, 001080 = branch identifier.

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 Majgaon branch in Majgaon. 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, SIDC0001080.

Branch details at a glance

About the Majgaon branch

The Majgaon branch of The Sindhudurg District Central Coop Bank Limited is situated at AT AND POST MAJGAON TAL SAWANTWADI. 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 SIDC0001080 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 Sindhudurg District Central Coop Bank Limited's MAJGAON branch came to be assigned the code SIDC0001080.

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 SIDC0001080, money simply cannot be routed to the MAJGAON branch electronically.

Account types you can open at the Majgaon branch

Once you have an account at The Sindhudurg District Central Coop Bank Limited – MAJGAON, the IFSC SIDC0001080 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 Majgaon 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 SIDC0001080

How to transfer money using IFSC SIDC0001080

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 SIDC0001080 across all three.

How to use IFSC SIDC0001080 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 MAJGAON 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 SIDC0001080.
4. Confirm the bank name auto-populates as The Sindhudurg District Central Coop Bank Limited and the branch as MAJGAON.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC SIDC0001080

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 Sindhudurg District Central Coop Bank Limited – MAJGAON, ensure your bank's portal accepts IFSC SIDC0001080 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Sindhudurg District Central Coop Bank Limited MAJGAON (IFSC SIDC0001080)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SIDC0001080 in your mobile or internet banking app, and the money is credited to the MAJGAON branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Majgaon

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 SIDC0001080:

• 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 MAJGAON is still linked to IFSC SIDC0001080.

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 SIDC0001080

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 Sindhudurg District Central Coop Bank Limited – MAJGAON is still mapped to IFSC SIDC0001080. 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 SIDC0001080 and the beneficiary's account number to complete the transfer.

Online banking and IFSC SIDC0001080

The Sindhudurg District Central Coop Bank Limited customers can register for net banking and the bank's official mobile app once their account at the MAJGAON 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 SIDC0001080 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.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by The Sindhudurg District Central Coop Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SIDC0001080 and the account number together uniquely identify the Majgaon 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 Sindhudurg District Central Coop Bank Limited – MAJGAON:

• The IFSC is exactly SIDC0001080 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills The Sindhudurg District Central Coop Bank Limited as the bank name and MAJGAON 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.

Reaching the branch

The Majgaon branch sits at AT AND POST MAJGAON TAL SAWANTWADI. If you are travelling from outside Majgaon, search for the branch on a maps application using the bank name and locality, or call 2363-273845 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 SIDC0001080 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SIDC0001080 for The Sindhudurg District Central Coop Bank Limited – MAJGAON, 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 Majgaon 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 SIDC0001080 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SIDC0001080 belongs to The Sindhudurg District Central Coop Bank Limited's MAJGAON branch, located at AT AND POST MAJGAON TAL SAWANTWADI in MAJGAON, 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.