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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Saraswat Cooperative Bank Limited for its Chembur Nagarik Sahakari Bank - Ghatkopar branch in Greater Bombay, Mumbai, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Saraswat Cooperative Bank Limited located in Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0CNS008. 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, Chembur Nagarik Sahakari Bank - Ghatkopar, Greater Bombay
Here are the key points that are associated with the IFSC Code SRCB0CNS008 of Saraswat Cooperative Bank Limited for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Saraswat Cooperative Bank Limited |
| IFSC Code | SRCB0CNS008 |
| Branch | Chembur Nagarik Sahakari Bank - Ghatkopar |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Shop No.1 & 2,Eagle Chs,Karmvihar Bldg,B Wing,Pant Nagar,Ghtkopar,Mumbai -400077 |
These details help users in online banking and for businesses and individuals who use Saraswat Cooperative Bank Limited in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0CNS008 for the Chembur Nagarik Sahakari Bank - Ghatkopar 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 Chembur Nagarik Sahakari Bank - Ghatkopar, Greater Bombay, Maharashtra, are given a unique IFSC like SRCB0CNS008 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Greater Bombay.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Greater Bombay and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Saraswat Cooperative Bank Limited in Chembur Nagarik Sahakari Bank - Ghatkopar goes to the correct branch. This is important because Saraswat Cooperative Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SRCB0CNS008
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 Chembur Nagarik Sahakari Bank - Ghatkopar in Greater Bombay.
For example, the IFSC Code SRCB0CNS008 of Saraswat Cooperative Bank Limited for the Chembur Nagarik Sahakari Bank - Ghatkopar branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra accurately.
How to Find IFSC Code for Saraswat Cooperative Bank Limited?
To find the IFSC Code SRCB0CNS008 of Saraswat Cooperative Bank Limited for its Chembur Nagarik Sahakari Bank - Ghatkopar branch located in Greater Bombay, the following methods can help you out:
Cheque Book
The cheque book issued by Saraswat Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Saraswat Cooperative Bank Limited branches in Greater Bombay and Mumbai, 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 go to the branch locator section. Then search for Chembur Nagarik Sahakari Bank - Ghatkopar or Greater Bombay to find the exact IFSC Code SRCB0CNS008.
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 maintains an updated database of all IFSC codes. Searching for Saraswat Cooperative Bank Limited and Greater Bombay will provide accurate information.
How to Use IFSC Code SRCB0CNS008 for Online Transfers?
Once you have the IFSC Code SRCB0CNS008 for the Chembur Nagarik Sahakari Bank - Ghatkopar branch of Saraswat Cooperative Bank Limited in Greater Bombay, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SRCB0CNS008. 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 SRCB0CNS008.
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 Chembur Nagarik Sahakari Bank - Ghatkopar in Greater Bombay, 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 Chembur Nagarik Sahakari Bank - Ghatkopar, 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 Greater Bombay manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SRCB0CNS008.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No.1 & 2,Eagle Chs,Karmvihar Bldg,B Wing,Pant Nagar,Ghtkopar,Mumbai -400077 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.