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

Use this page as a one-stop reference for everything related to The Sindhudurg District Central Coop Bank Limited's SAWANTWADI CITY branch in SAWANTWADI CITY, MAHARASHTRA. The branch's IFSC code SIDC0001050 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 Sindhudurg District Central Coop Bank Limited – SAWANTWADI CITY is SIDC0001050. The first four letters SIDC are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001050 map to this branch in SAWANTWADI CITY, 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 Sawantwadi City branch in Sawantwadi City. 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, SIDC0001050.

About this branch

The branch is located at AT AND POST AND TAL SAWANTWADI. It serves the Sawantwadi City 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 SIDC0001050 is used to identify this branch on the RBI payments network.

Why every The Sindhudurg District Central Coop Bank Limited branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including SAWANTWADI CITY of The Sindhudurg District Central Coop Bank Limited — its own 11-character IFSC. The code SIDC0001050 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SIDC0001050 the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC SIDC0001050

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 SIDC0001050 across all three.

NEFT to The Sindhudurg District Central Coop Bank Limited, SAWANTWADI CITY using IFSC SIDC0001050

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 SIDC0001050, and confirm that the system picks up The Sindhudurg District Central Coop Bank Limited – SAWANTWADI CITY. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to SAWANTWADI CITY

If you need to transfer ₹2 lakh or more in one go to an account at The Sindhudurg District Central Coop Bank Limited's SAWANTWADI CITY branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SIDC0001050 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 – SAWANTWADI CITY, use IMPS. With IFSC SIDC0001050 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 SIDC0001050 for The Sindhudurg District Central Coop Bank Limited – SAWANTWADI CITY, 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 Sawantwadi City 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 SIDC0001050

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 – SAWANTWADI CITY is still mapped to IFSC SIDC0001050. 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 SIDC0001050 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Sawantwadi City branch is mapped to IFSC SIDC0001050 on the RBI payments network. The branch generally supports the full retail product catalogue of The Sindhudurg District Central Coop Bank Limited, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains SIDC0001050.

Products and services

Customers walking into the Sawantwadi City 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 SIDC0001050

MICR & cheque-truncation details

Cheques drawn on the Sawantwadi City branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SIDC0001050 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the Sawantwadi City 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 SIDC0001050 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 – SAWANTWADI CITY:

• The IFSC is exactly SIDC0001050 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 SAWANTWADI CITY 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 Sawantwadi City branch

The branch is located at AT AND POST AND TAL SAWANTWADI, which puts it inside Sawantwadi City, the broader Sindhudurg district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “The Sindhudurg District Central Coop Bank Limited Sawantwadi City branch” — the verified location pin for IFSC SIDC0001050 should appear at the top of the results.
2. Confirm the branch is open by calling 2363-272316 before stepping out, especially around public holidays.
3. 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 SIDC0001050 and your account number.

Verifying IFSC SIDC0001050 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 SIDC0001050 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2363-272316.
• 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 Sawantwadi City branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SIDC0001050, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SIDC0001050 is the IFSC code of The Sindhudurg District Central Coop Bank Limited, SAWANTWADI CITY branch, in SAWANTWADI CITY, 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.