Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Saraswat Cooperative Bank Limited for its Zone -- Vi, Aurangabad branch in Aurangabad, Aurangabad, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Saraswat Cooperative Bank Limited located in Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0000085. You should definitely 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, Zone -- Vi, Aurangabad, Aurangabad
The table below shows the main details of the IFSC Code SRCB0000085 for the Saraswat Cooperative Bank Limited branch in Aurangabad, which falls under the Aurangabad district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Saraswat Cooperative Bank Limited |
| IFSC Code | SRCB0000085 |
| Branch | Zone -- Vi, Aurangabad |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| Address | Madhu Shilip, Plot No. 6, C/2, Town Centre, Near Cidco Bus Stand, Cidco, Aurangabad - 431 003 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Saraswat Cooperative Bank Limited in Aurangabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0000085 for the Zone -- Vi, Aurangabad branch of Saraswat Cooperative Bank Limited has an 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, along with Saraswat Cooperative Bank Limited located in Zone -- Vi, Aurangabad, Aurangabad, Maharashtra, are allotted a unique IFSC like SRCB0000085 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Aurangabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Aurangabad and Aurangabad.
- 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 Saraswat Cooperative Bank Limited in Zone -- Vi, Aurangabad reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SRCB0000085
This is the format of the IFSC Code for banks, including Saraswat Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Saraswat Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Zone -- Vi, Aurangabad in Aurangabad.
For example, the IFSC Code SRCB0000085 of Saraswat Cooperative Bank Limited for the Zone -- Vi, Aurangabad 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 looking for the IFSC Code SRCB0000085 of Saraswat Cooperative Bank Limited for its Zone -- Vi, Aurangabad branch located in Aurangabad, the following methods can help:
Cheque Book
The cheque book that is issued by Saraswat Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Saraswat Cooperative Bank Limited branches in Aurangabad and Aurangabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Saraswat Cooperative Bank Limited and look for the branch locator section, then search for Zone -- Vi, Aurangabad or Aurangabad to get the exact IFSC Code SRCB0000085.
Mobile Banking App
If you use Saraswat Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Saraswat Cooperative Bank Limited and Aurangabad, then it will provide you proper information.
How to Use IFSC Code SRCB0000085 for Online Transfers?
Once you have the IFSC Code SRCB0000085 for the Zone -- Vi, Aurangabad branch of Saraswat Cooperative Bank Limited in Aurangabad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SRCB0000085. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹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 SRCB0000085.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Saraswat Cooperative Bank Limited Zone -- Vi, Aurangabad in Aurangabad may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Saraswat Cooperative Bank Limited in Zone -- Vi, Aurangabad, here are some ways to obtain it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Saraswat Cooperative Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Aurangabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SRCB0000085.
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 Madhu Shilip, Plot No. 6, C/2, Town Centre, Near Cidco Bus Stand, Cidco, Aurangabad - 431 003 located in Aurangabad, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.