State wise list of Thane District Central Coop Bank IFSC code, MICR code and addresses of all branches in India
(used for RTGS and NEFT transactions)
|MICR Code||MICR not provided.|
|Bank||THANE DISTRICT CENTRAL COOP BANK|
or Choose State from list below
With advancement in technology, banking methods are evolving each day. The invention of online payment methods has made life easier for millions of people in India in not only urban spheres but also in rural areas. With modern day technology, people can now transfer money across the country or even the world in a matter of seconds, from the comfort of their living room. Among the many banks to offer this service of making electronic payments to its customers is Thane District Co-operative Bank. The Reserve Bank of India has introduced two novel methods of enabling electronic payments via NEFT (National Electronic Funds Transfer) and RTGS (Real Time Gross Settlement). Both these systems of making payment online make use of a special code known as the IFSC or Indian Financial System Code. This code is issued to all banks which are a part of the NEFT network by the RBI to enable customers to make fund transfers not only between accounts of Thane District Bank but also to accounts held.
The IFSC, also known as the Indian Financial System Code, is an 11 character code which consists of a combination of alphabets and numbers. The code consists of three parts wherein the first part first 4 characters represent the name of the bank, the fifth character is always zero (reserved for future use) and the last 6 characters represent the specific branch of the bank.
For example, the Thane District Co-operative Bank IFSC code for the Mahim branch is TDCB0000092. The first 4 characters of the code, ‘TDCB’, stand for the name of the bank, the fifth character is zero, and the last 6 characters stand for the branch code.
In order to make a fund transfer via NEFT or RTGS, you will need to furnish the IFSC or MICR code of not only your bank but also your beneficiary’s bank branch. You can easily find the IFSC and MICR codes of any branch of Thane District Co-operative Bank online and offline as well. All cheque leaves of cheque books issued by the bank carry the IFSC code of the issuing bank branch. The IFSC code for Thane District Bank branch is also available on their website.
Alternatively, you can also look up the IFSC and MICR codes of Thane District Co-operative Bank on BankBazaar. Simply visit the website’s main page, at the bottom of which you will find a tab labelled ‘Bank IFSC Code’. Clicking on the link will take you to a new page which displays 4 drop down menus. Provide the necessary information like the name of the bank you’re looking for, the state and district which it is located in and the particular branch that you’re looking for. Once you have selected the options, the page will instantly display the requested information, which is the IFSC code, MICR code, the address and contact details of the bank branch.
Transferring money is a simple using NEFT and RTGS. Both these processes make use of the IFSC code to make fund transfer quick and extremely safe. It is very easy to make use of either of these processes which cut down the transfer time considerably, while also maintaining the security of the transactions.
NEFT at Thane District Bank:
NEFT, also known as National Electronic Funds Transfer, is an electronic payment system which allows customers to make payments nation-wide, not only to another Thane District Co-operative Bank branch but also to any other bank branch which is a part of the NEFT network. Individuals, firms, or corporate organizations can make use of NEFT to transfer funds in a safe and efficient manner.
For all customer NEFT transactions, the bank will carry out the same between 9:00 AM to 4:00 PM (Monday to Friday) and between 9:00 AM to 12:00 PM on Saturdays. Sunday will remain to be a weekly off.
RTGS at Thane District Bank:
Real Time Gross Settlement or RTGS is another system of making electronic payments facilitated by the RBI and offered by Thane District Co-operative Bank. RTGS is a system which also makes use of the IFSC or Indian Financial System Code to make fund transfers. However, unlike NET, RTGS is a much quicker form of money transfer as it carries out transactions in real time. This means that transactions are done on an individual basis as they are received. This helps eliminate any waiting period and helps in much faster transfer of money. RTGS is ideal for making money transfers of higher monetary value. The minimum limit allowed to make an RTGS transaction s fixed at Rs 2, 00,000 and above. All RTGS payments which are initiated and completed are final and irrevocable where the settlement of payments is done on the very same day.
All RTGS transactions undertaken by Thane District Co-operative Bank will be done between 9:00 AM to 3:30 PM (Mondays to Fridays) and between 9:00 AM to 1:00 PM on all Saturdays. No RTGS transactions will be undertaken by the bank on Sundays.
Established in the year 1958, Thane District Co-operative Bank Ltd., was first registered under the Maharashtra Co=operative Societies ACT and licensed by the RBI to begin banking activities. Since then, the bank has expanded by leaps and bounds from a mere 7 branches to a network of 91 branches located all over the district of Thane. Serving a diverse customer base of more than a million people, the bank offers a wide range of financial products and services which include different types of deposits (time deposits, recurring deposits, demand deposits), loans (education loan, personal loan, agricultural loan, gold loan, housing loan, vehicle loan, non-agricultural loan), online payment services like NEFT, RTGS, ECS, etc.