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

This page lists the IFSC code, branch address, contact number and fund-transfer information for The Sindhudurg District Central Coop Bank Limited, TALAWADE branch in TALAWADE. The 11-digit IFSC SIDC0001098 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with The Sindhudurg District Central Coop Bank Limited at the TALAWADE location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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 – TALAWADE is SIDC0001098. The first four letters SIDC are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001098 map to this branch in TALAWADE, MAHARASHTRA.

Bank profile

The Sindhudurg District Central Coop Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Talawade branch — IFSC SIDC0001098 — extends the bank's services to customers in and around Talawade, Maharashtra.

About this branch

The branch is located at AT AND POST TALAWADE TAL SAWANTWADI. It serves the Talawade 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 SIDC0001098 is used to identify this branch on the RBI payments network.

Branch details at a glance

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 TALAWADE branch came to be assigned the code SIDC0001098.

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 SIDC0001098, money simply cannot be routed to the TALAWADE branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Talawade branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SIDC0001098 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC SIDC0001098

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 SIDC0001098 across all three.

How to use IFSC SIDC0001098 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 TALAWADE 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 SIDC0001098.
4. Confirm the bank name auto-populates as The Sindhudurg District Central Coop Bank Limited and the branch as TALAWADE.
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 TALAWADE

If you need to transfer ₹2 lakh or more in one go to an account at The Sindhudurg District Central Coop Bank Limited's TALAWADE branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SIDC0001098 while initiating the transfer and the credit will appear within minutes.

IMPS to The Sindhudurg District Central Coop Bank Limited TALAWADE (IFSC SIDC0001098)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SIDC0001098 in your mobile or internet banking app, and the money is credited to the TALAWADE branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC SIDC0001098 for The Sindhudurg District Central Coop Bank Limited – TALAWADE, 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 Talawade 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 SIDC0001098

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 – TALAWADE is still mapped to IFSC SIDC0001098. 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 SIDC0001098 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Talawade branch is mapped to IFSC SIDC0001098 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 SIDC0001098.

Products and services

Customers walking into the Talawade 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 SIDC0001098

Online banking and IFSC SIDC0001098

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 TALAWADE 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 SIDC0001098 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.

Reaching the branch

The Talawade branch sits at AT AND POST TALAWADE TAL SAWANTWADI. If you are travelling from outside Talawade, search for the branch on a maps application using the bank name and locality, or call 2363-266121 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 SIDC0001098 and your account number.

Common mistakes to avoid when using IFSC SIDC0001098

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 – TALAWADE, 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: SIDC0001098.
• 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.

Working hours

Branch counters at Talawade 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 SIDC0001098 continue to work without interruption.

Verifying IFSC SIDC0001098 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 SIDC0001098 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2363-266121.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SIDC0001098 belongs to The Sindhudurg District Central Coop Bank Limited's TALAWADE branch, located at AT AND POST TALAWADE TAL SAWANTWADI in TALAWADE, 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.