There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Saraswat Cooperative Bank Limited for its Station Road branch in Aurangabad, Aurangabad, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Saraswat Cooperative Bank Limited situated in Aurangabad or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SRCB0000090. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Saraswat Cooperative Bank Limited, Station Road, Aurangabad

Here are the key points that are associated with the IFSC Code SRCB0000090 of Saraswat Cooperative Bank Limited for its branch located in Aurangabad, within the district of Aurangabad in the state of Maharashtra.

Particulars Details
Bank Saraswat Cooperative Bank Limited
IFSC Code SRCB0000090
Branch Station Road
City Aurangabad
District Aurangabad
State Maharashtra
Address Kanchan Chambers, Kranti Chowk, Station Road, Aurangabad - 431 005.

These details help users in online banking and for businesses and individuals who use Saraswat Cooperative Bank Limited in Aurangabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0000090 for the Station Road branch of Saraswat Cooperative Bank Limited has a very important role.

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, including Saraswat Cooperative Bank Limited located in Station Road, Aurangabad, Maharashtra, is provided with a unique IFSC like SRCB0000090 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Saraswat Cooperative Bank Limited branch in Aurangabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Aurangabad and Aurangabad.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Saraswat Cooperative Bank Limited in Station Road do not get mixed with another location.

Format of the IFSC Code SRCB0000090

The format of the IFSC Code for banks, including Saraswat Cooperative Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Saraswat Cooperative Bank Limited, 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 Station Road in Aurangabad.

For example, the IFSC Code SRCB0000090 of Saraswat Cooperative Bank Limited for the Station Road branch includes these elements, identifying the bank and the branch location in Aurangabad and Maharashtra accurately.

How to Find IFSC Code for Saraswat Cooperative Bank Limited?

If you are trying to find the IFSC Code SRCB0000090 of Saraswat Cooperative Bank Limited for its Station Road branch located in Aurangabad, the following methods can help:

Cheque Book

The cheque book issued by Saraswat Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Saraswat Cooperative Bank Limited branches in Aurangabad and Aurangabad, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Saraswat Cooperative Bank Limited and navigate to the branch locator section. Search for Station Road or Aurangabad to get the exact IFSC Code SRCB0000090.

Mobile Banking App

If you use Saraswat Cooperative Bank Limited'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 Saraswat Cooperative Bank Limited and Aurangabad, you'll get the correct details.

How to Use IFSC Code SRCB0000090 for Online Transfers?

Once you have the IFSC Code SRCB0000090 for the Station Road branch of Saraswat Cooperative Bank Limited in Aurangabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SRCB0000090. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Requires the recipient's account details and Saraswat Cooperative Bank Limited IFSC Code SRCB0000090.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Saraswat Cooperative Bank Limited Station Road in Aurangabad, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Saraswat Cooperative Bank Limited in Station Road, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Saraswat Cooperative Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Aurangabad manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Saraswat Cooperative Bank Limited in Station Road, Aurangabad?

The IFSC Code is SRCB0000090.

Is the IFSC Code SRCB0000090 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Saraswat Cooperative Bank Limited Station Road?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Station Road branch?

The address of the branch is Kanchan Chambers, Kranti Chowk, Station Road, Aurangabad - 431 005. located in Aurangabad, Aurangabad, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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