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

If you are searching for the IFSC code of The Sindhudurg District Central Coop Bank Limited, SANGAVE branch in SANGAVE, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SIDC0001007. 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 SANGAVE branch, and detailed step-by-step guides for using the IFSC SIDC0001007 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.

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 Sindhudurg District Central Coop Bank Limited – SANGAVE is SIDC0001007. The first four letters SIDC are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001007 map to this branch in SANGAVE, MAHARASHTRA.

Branch details at a glance

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 Sangave branch in Sangave. 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, SIDC0001007.

About this branch

The branch is located at AT AND POST SANGAVE TAL KANKAVALI. It serves the Sangave 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 SIDC0001007 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 SANGAVE branch came to be assigned the code SIDC0001007.

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 SIDC0001007, money simply cannot be routed to the SANGAVE branch electronically.

How to transfer money using IFSC SIDC0001007

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 SIDC0001007 across all three.

NEFT to The Sindhudurg District Central Coop Bank Limited, SANGAVE using IFSC SIDC0001007

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 SIDC0001007, and confirm that the system picks up The Sindhudurg District Central Coop Bank Limited – SANGAVE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to SANGAVE

If you need to transfer ₹2 lakh or more in one go to an account at The Sindhudurg District Central Coop Bank Limited's SANGAVE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SIDC0001007 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to The Sindhudurg District Central Coop Bank Limited – SANGAVE, use IMPS. With IFSC SIDC0001007 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 SIDC0001007 for The Sindhudurg District Central Coop Bank Limited – SANGAVE, 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 Sangave 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 SIDC0001007

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 – SANGAVE is still mapped to IFSC SIDC0001007. 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 SIDC0001007 and the beneficiary's account number to complete the transfer.

Account types you can open at the Sangave branch

Once you have an account at The Sindhudurg District Central Coop Bank Limited – SANGAVE, the IFSC SIDC0001007 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 Sangave branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2367-246240.

• 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 SIDC0001007

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 SIDC0001007 and the account number together uniquely identify the Sangave branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the Sangave 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 SIDC0001007 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.

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 – SANGAVE:

• The IFSC is exactly SIDC0001007 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 SANGAVE 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 Sangave branch sits at AT AND POST SANGAVE TAL KANKAVALI. If you are travelling from outside Sangave, search for the branch on a maps application using the bank name and locality, or call 2367-246240 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 SIDC0001007 and your account number.

Verifying IFSC SIDC0001007 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 SIDC0001007 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2367-246240.
• 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 Sangave branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SIDC0001007, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SIDC0001007 is the IFSC code of The Sindhudurg District Central Coop Bank Limited, SANGAVE branch, in SANGAVE, 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.