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Satara Sahakari Bank

BADALAPUR BRANCH

2679989

IFSC CODE
TSSB0000016
MICR Code
Branch Code 000016
City / District THANE
State MAHARASHTRA
Office Address DEODHAR MARKET,B 101 - 102,1ST FLOOR,NEAR BADLAPUR,RAILWAY STATION,BADLAPUR
Phone 2679989
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Satara Sahakari Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the BADALAPUR branch of Satara Sahakari Bank, the code TSSB0000016 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 TSSB0000016 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

"TSSB" represents Satara Sahakari Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for BADALAPUR

Payment Systems Supported by TSSB0000016

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——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 Satara Sahakari Bank in THANE typically follows the RBI holiday calendar. Digital transfers via TSSB0000016 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 TSSB0000016 is the valid code for BADALAPUR at THANE, 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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Financial Tools

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Branch Context

  • • BADALAPUR Contact
  • • Address of Satara Sahakari 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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