IFSC Code of Saraswat Cooperative Bank Limited, Mannagudda, Mangalore, Karnataka — SRCB0000242

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 Mannagudda branch in Dakshin Kannad, Mangalore, or Karnataka, 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 Dakshin Kannad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SRCB0000242. 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, Mannagudda, Dakshin Kannad

Below in the table are the key details related to IFSC Code SRCB0000242 of Saraswat Cooperative Bank Limited for its branch located in Dakshin Kannad, within the district of Mangalore in the state of Karnataka.

These details helps users in online banking and for businesses and individuals who use Saraswat Cooperative Bank Limited in Dakshin Kannad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0000242 for the Mannagudda branch of Saraswat Cooperative Bank Limited plays a vital 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 Mannagudda, Dakshin Kannad, Karnataka, are allotted a unique IFSC like SRCB0000242 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Dakshin Kannad.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Dakshin Kannad and Mangalore.
• 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 Mannagudda reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code SRCB0000242

The format of the IFSC Code for banks, including Saraswat Cooperative Bank Limited, has 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 Mannagudda in Dakshin Kannad.

For example, the IFSC Code SRCB0000242 of Saraswat Cooperative Bank Limited for the Mannagudda branch includes these elements, identifying the bank and the branch location in Dakshin Kannad and Karnataka correctly.

How to Find IFSC Code for Saraswat Cooperative Bank Limited?

If you are trying to find the IFSC Code SRCB0000242 of Saraswat Cooperative Bank Limited for its Mannagudda branch located in Dakshin Kannad, the following methods can help:

Cheque Book

The cheque books that are issued by Saraswat Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most 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

Visit the official website of Saraswat Cooperative Bank Limited and find the branch locator section. Search for Mannagudda or Dakshin Kannad to get the exact IFSC Code SRCB0000242.

Mobile Banking App

If you use Saraswat Cooperative Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Saraswat Cooperative Bank Limited and Dakshin Kannad that will provide accurate information.

How to Use IFSC Code SRCB0000242 for Online Transfers?

Once you have the IFSC Code SRCB0000242 for the Mannagudda 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 SRCB0000242. 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 SRCB0000242.

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 Mannagudda in Dakshin Kannad may result in delayed or failed transactions.

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 Mannagudda, 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 Dakshin Kannad manage online transfers as well as cheque clearances with ease.