IFSC Code SIDC0001009 - The Sindhudurg District Central Co-operative Bank Ltd. Malvan
AT AND POST AND TAL MALVAN
Quick Info
IFSC: SIDC0001009
District: SINDHUDURG
Status: Active
About The Sindhudurg District Central Co-operative Bank Ltd. Malvan
IFSC Code SIDC0001009 belongs to The Sindhudurg District Central Co-operative Bank Ltd. Malvan branch located in Malvan, Sindhudurg, Maharashtra. This branch serves customers in Malvan, Sindhudurg, Maharashtra and surrounding areas.
Understanding IFSC Code SIDC0001009
The IFSC (Indian Financial System Code) SIDC0001009 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (SIDC): Bank code identifying The Sindhudurg District Central Co-operative Bank Ltd.
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (001009): Unique branch identifier for Malvan
Electronic Fund Transfer Services
IFSC Code SIDC0001009 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The The Sindhudurg District Central Co-operative Bank Ltd. Malvan branch is located at AT AND POST AND TAL MALVAN in Malvan, Sindhudurg, Maharashtra. This location serves customers in Malvan, Sindhudurg, Maharashtra and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code SIDC0001009 to ensure the transaction is routed correctly.
How to Use IFSC Code SIDC0001009
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: SIDC0001009 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other The Sindhudurg District Central Co-operative Bank Ltd. Branches
If you're looking for other The Sindhudurg District Central Co-operative Bank Ltd. branches in Malvan, Sindhudurg, Maharashtra or nearby areas, use our The Sindhudurg District Central Co-operative Bank Ltd. branch finder. You can search by city, district, or state to find all The Sindhudurg District Central Co-operative Bank Ltd. branches with their respective IFSC codes.
Branch Details
| IFSC Code: | SIDC0001009 |
| Bank Name: | The Sindhudurg District Central Co-operative Bank Ltd. |
| Branch Name: | Malvan |
| Address: | AT AND POST AND TAL MALVAN |
| City: | Malvan |
| District: | Sindhudurg |
| State: | Maharashtra |
Payment Services Available
The Sindhudurg District Central Co-operative Bank Ltd. Malvan Branch IFSC Code SIDC0001009 — Complete Banking Guide for Malvan, Maharashtra
IFSC code SIDC0001009 belongs to the Malvan branch of The Sindhudurg District Central Co-operative Bank Ltd. in Malvan, Sindhudurg district, Maharashtra. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC SIDC0001009 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About The Sindhudurg District Central Co-operative Bank Ltd., Malvan Branch
The Malvan branch of The Sindhudurg District Central Co-operative Bank Ltd. in Malvan, Maharashtra serves retail and corporate customers in Sindhudurg district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC SIDC0001009 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC SIDC0001009
Four primary digital payment rails use IFSC SIDC0001009 for transfers to The Sindhudurg District Central Co-operative Bank Ltd., Malvan: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC SIDC0001009 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Malvan branch of The Sindhudurg District Central Co-operative Bank Ltd. in Malvan carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC SIDC0001009 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC SIDC0001009 Before Transferring
Before initiating any high-value transfer to IFSC SIDC0001009, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) The Sindhudurg District Central Co-operative Bank Ltd.'s official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — The Sindhudurg District Central Co-operative Bank Ltd. Malvan, Malvan IFSC
What is the IFSC of The Sindhudurg District Central Co-operative Bank Ltd. Malvan in Malvan?
The IFSC of The Sindhudurg District Central Co-operative Bank Ltd., Malvan branch in Malvan, Maharashtra is SIDC0001009. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC SIDC0001009?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC SIDC0001009 to route funds to The Sindhudurg District Central Co-operative Bank Ltd., Malvan, Malvan.
Who assigns IFSC codes like SIDC0001009?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. The Sindhudurg District Central Co-operative Bank Ltd. applied for the IFSC for its Malvan branch in Malvan, and RBI issued SIDC0001009 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC SIDC0001009 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC SIDC0001009 at The Sindhudurg District Central Co-operative Bank Ltd., Malvan, Malvan. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC SIDC0001009.
About IFSC Code SIDC0001009
IFSC Code SIDC0001009 belongs to The Sindhudurg District Central Co-operative Bank Ltd. branch Malvan located in Malvan, Sindhudurg, Maharashtra.
Branch Information
- IFSC Code: SIDC0001009
- Bank: The Sindhudurg District Central Co-operative Bank Ltd.
- Branch: Malvan
- Address: AT AND POST AND TAL MALVAN
- City: Malvan
- District: Sindhudurg
- State: Maharashtra
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available