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Sindhudurg District Central Co-operative Bank

WALAWAL-HUMARMALA BRANCH

+912362233208

IFSC CODE
SIDC0001066
MICR Code 416801546
Branch Code 001066
City / District WALAWAL-HUMARMALA
State MAHARASHTRA
Office Address AT AND POST WALAWAL-HUMARMALA TAL KUDAL
Phone +912362233208
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Understanding IFSC Code: The Digital DNA of Sindhudurg District Central Co-operative Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the WALAWAL-HUMARMALA branch of Sindhudurg District Central Co-operative Bank, the code SIDC0001066 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the SIDC0001066 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"SIDC" represents Sindhudurg District Central Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for WALAWAL-HUMARMALA

Payment Systems Supported by SIDC0001066

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—416801546—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Sindhudurg District Central Co-operative Bank in WALAWAL-HUMARMALA typically follows the RBI holiday calendar. Digital transfers via SIDC0001066 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While SIDC0001066 is the valid code for WALAWAL-HUMARMALA at WALAWAL-HUMARMALA, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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  • • Bank Holiday in MAHARASHTRA

Financial Tools

  • • GST Calculator Online
  • • Personal Loan EMI Calc
  • • FD Interest Rates 2026
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Branch Context

  • • WALAWAL-HUMARMALA Contact
  • • Address of Sindhudurg District Central Co-operative Bank
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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