The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Saraspur Nagrik Co Operative Bank Ltd Saraspur for its Nikol Branch branch in Ahmedabad, Ahmedabad, Gujarat, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Saraspur Nagrik Co Operative Bank Ltd Saraspur located in Ahmedabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SNBK0000012. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Saraspur Nagrik Co Operative Bank Ltd Saraspur, Nikol Branch, Ahmedabad
Here are the main details that are associated with the IFSC Code SNBK0000012 of Saraspur Nagrik Co Operative Bank Ltd Saraspur for its branch located in Ahmedabad, within the district of Ahmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | Saraspur Nagrik Co Operative Bank Ltd Saraspur |
| IFSC Code | SNBK0000012 |
| Branch | Nikol Branch |
| City | Ahmedabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | 1,2 Ground Floor,Shaym Arcade Bussiness Hub,Gangotri Circle,Nikol,Ahmedabad |
These details are important not only for users using online banking but also for businesses and individuals who use Saraspur Nagrik Co Operative Bank Ltd Saraspur in Ahmedabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SNBK0000012 for the Nikol Branch branch of Saraspur Nagrik Co Operative Bank Ltd Saraspur is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Saraspur Nagrik Co Operative Bank Ltd Saraspur located in Nikol Branch, Ahmedabad, Gujarat, are allotted a unique IFSC like SNBK0000012 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ahmedabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Ahmedabad and Ahmedabad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Saraspur Nagrik Co Operative Bank Ltd Saraspur in Nikol Branch reaches the right place, even though there are thousands of branches in Gujarat and across India.
Format of the IFSC Code SNBK0000012
The format of the IFSC Code for banks, including Saraspur Nagrik Co Operative Bank Ltd Saraspur, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Saraspur Nagrik Co Operative Bank Ltd Saraspur, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Nikol Branch in Ahmedabad.
For example, the IFSC Code SNBK0000012 of Saraspur Nagrik Co Operative Bank Ltd Saraspur for the Nikol Branch branch includes these elements, identifying the bank and the branch location in Ahmedabad and Gujarat accurately.
How to Find IFSC Code for Saraspur Nagrik Co Operative Bank Ltd Saraspur?
If you are trying to find the IFSC Code SNBK0000012 of Saraspur Nagrik Co Operative Bank Ltd Saraspur for its Nikol Branch branch located in Ahmedabad, the following methods can help:
Cheque Book
The cheque book issued by Saraspur Nagrik Co Operative Bank Ltd Saraspur includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Saraspur Nagrik Co Operative Bank Ltd Saraspur branches in Ahmedabad and Ahmedabad, print them on the first page of your passbook.
Bank Website
Visit the official website of Saraspur Nagrik Co Operative Bank Ltd Saraspur and navigate to the branch locator section. Search for Nikol Branch or Ahmedabad to get the exact IFSC Code SNBK0000012.
Mobile Banking App
If you use Saraspur Nagrik Co Operative Bank Ltd Saraspur's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Saraspur Nagrik Co Operative Bank Ltd Saraspur and Ahmedabad, you'll get the correct details.
How to Use IFSC Code SNBK0000012 for Online Transfers?
Once you have the IFSC Code SNBK0000012 for the Nikol Branch branch of Saraspur Nagrik Co Operative Bank Ltd Saraspur in Ahmedabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SNBK0000012. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Saraspur Nagrik Co Operative Bank Ltd Saraspur IFSC Code SNBK0000012.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Saraspur Nagrik Co Operative Bank Ltd Saraspur Nikol Branch in Ahmedabad, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Saraspur Nagrik Co Operative Bank Ltd Saraspur in Nikol Branch, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Saraspur Nagrik Co Operative Bank Ltd Saraspur website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Ahmedabad manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SNBK0000012.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 1,2 Ground Floor,Shaym Arcade Bussiness Hub,Gangotri Circle,Nikol,Ahmedabad located in Ahmedabad, Ahmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.