IFSC Code of Saraswat Cooperative Bank Limited, Chilimbi, Mangalore, Karnataka — SRCB0000241

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Saraswat Cooperative Bank Limited for its Chilimbi branch in Dakshin Kannad, Mangalore, Karnataka, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Saraswat Cooperative Bank Limited located in Dakshin Kannad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SRCB0000241. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Saraswat Cooperative Bank Limited, Chilimbi, Dakshin Kannad

Here are the main details that are associated with the IFSC Code SRCB0000241 of Saraswat Cooperative Bank Limited for its branch located in Dakshin Kannad, within the district of Mangalore in the state of Karnataka.

These details are essential not only for online banking users but also for businesses and individuals who use Saraswat Cooperative Bank Limited in Dakshin Kannad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0000241 for the Chilimbi branch of Saraswat Cooperative Bank Limited plays 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, including Saraswat Cooperative Bank Limited located in Chilimbi, Dakshin Kannad, Karnataka, is provided with a unique IFSC like SRCB0000241 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 Dakshin Kannad.
• 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 Dakshin Kannad and Mangalore.
• 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Saraswat Cooperative Bank Limited in Chilimbi do not get mixed with another location.

Format of the IFSC Code SRCB0000241

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 Chilimbi in Dakshin Kannad.

For example, the IFSC Code SRCB0000241 of Saraswat Cooperative Bank Limited for the Chilimbi branch includes these elements, identifying the bank and the branch location in Dakshin Kannad and Karnataka accurately.

How to Find IFSC Code for Saraswat Cooperative Bank Limited?

If you are looking for the IFSC Code SRCB0000241 of Saraswat Cooperative Bank Limited for its Chilimbi branch located in Dakshin Kannad, 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 Dakshin Kannad and Mangalore, 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 Chilimbi or Dakshin Kannad to get the exact IFSC Code SRCB0000241.

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 Dakshin Kannad, then it will provide you proper information.

How to Use IFSC Code SRCB0000241 for Online Transfers?

Once you have the IFSC Code SRCB0000241 for the Chilimbi branch of Saraswat Cooperative Bank Limited in Dakshin Kannad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SRCB0000241. 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 SRCB0000241.

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 Chilimbi in Dakshin Kannad 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 Chilimbi, 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 Dakshin Kannad to handle online money transfers and get their cheques cleared smoothly.