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Satara Sahakari Bank

PUNE BRANCH

+918983802000

IFSC CODE
TSSB0000018
MICR Code 400107018
Branch Code 000018
City / District PUNE
State MAHARASHTRA
Office Address SHOP NO F-1 OR F-2,GROUND FLOOR,SECTOR 20,FLAT NO LC-1,SANE CHOWK,CHINCHWAD ROAD,PUNE
Phone +918983802000
📍 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 PUNE branch of Satara Sahakari Bank, the code TSSB0000018 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 TSSB0000018 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 PUNE

Payment Systems Supported by TSSB0000018

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—400107018—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 PUNE typically follows the RBI holiday calendar. Digital transfers via TSSB0000018 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 TSSB0000018 is the valid code for PUNE at PUNE, 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

  • • PUNE Contact
  • • Address of Satara Sahakari Bank
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

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

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