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 Sunderlal Savji Co Op Bnak Ltd, Lonar Br. branch in Buldhana, Lonar, 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 Buldhana or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0SSB021. 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, Sunderlal Savji Co Op Bnak Ltd, Lonar Br., Buldhana
Here are some of the key details that come with the IFSC Code SRCB0SSB021 of Saraswat Cooperative Bank Limited for its branch located in Buldhana, within the district of Lonar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Saraswat Cooperative Bank Limited |
| IFSC Code | SRCB0SSB021 |
| Branch | Sunderlal Savji Co Op Bnak Ltd, Lonar Br. |
| City | Buldhana |
| District | Lonar |
| State | Maharashtra |
| Address | Sundarlal Savji Co Op Bank Ltd.Jintur Branch Lonar,Loni Road,Main Road,District Buldhana |
These details help users in online banking and for businesses and individuals who use Saraswat Cooperative Bank Limited in Buldhana for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0SSB021 for the Sunderlal Savji Co Op Bnak Ltd, Lonar Br. 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, along with Saraswat Cooperative Bank Limited located in Sunderlal Savji Co Op Bnak Ltd, Lonar Br., Buldhana, Maharashtra, are allotted a unique IFSC like SRCB0SSB021 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Buldhana.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Buldhana and Lonar.
- 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 Sunderlal Savji Co Op Bnak Ltd, Lonar Br. reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SRCB0SSB021
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 Sunderlal Savji Co Op Bnak Ltd, Lonar Br. in Buldhana.
For example, the IFSC Code SRCB0SSB021 of Saraswat Cooperative Bank Limited for the Sunderlal Savji Co Op Bnak Ltd, Lonar Br. branch includes these elements, identifying the bank and the branch location in Buldhana and Maharashtra accurately.
How to Find IFSC Code for Saraswat Cooperative Bank Limited?
If you are looking for the IFSC Code SRCB0SSB021 of Saraswat Cooperative Bank Limited for its Sunderlal Savji Co Op Bnak Ltd, Lonar Br. branch located in Buldhana, 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 Buldhana and Lonar, 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 Sunderlal Savji Co Op Bnak Ltd, Lonar Br. or Buldhana to get the exact IFSC Code SRCB0SSB021.
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 Buldhana, then it will provide you proper information.
How to Use IFSC Code SRCB0SSB021 for Online Transfers?
Once you have the IFSC Code SRCB0SSB021 for the Sunderlal Savji Co Op Bnak Ltd, Lonar Br. branch of Saraswat Cooperative Bank Limited in Buldhana, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SRCB0SSB021. The transfer is completed in batches instead of instantly. It is useful for both 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 SRCB0SSB021.
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 Sunderlal Savji Co Op Bnak Ltd, Lonar Br. in Buldhana, your payment can get delayed or might not go through at all.
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 Sunderlal Savji Co Op Bnak Ltd, Lonar Br., 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 Buldhana to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SRCB0SSB021.
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 Sundarlal Savji Co Op Bank Ltd.Jintur Branch Lonar,Loni Road,Main Road,District Buldhana located in Buldhana, Lonar, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.