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IFSC Code of Saraswat Cooperative Bank Limited, Orlem (Malad West), Mumbai, Maharashtra — SRCB0000152

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Saraswat Cooperative Bank Limited for its Orlem (Malad West) branch in Greater Bombay, Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Saraswat Cooperative Bank Limited situated in Greater Bombay or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SRCB0000152. You should 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, Orlem (Malad West), Greater Bombay

Here are the key points that are associated with the IFSC Code SRCB0000152 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 SRCB0000152
Branch Orlem (Malad West)
City Greater Bombay
District Mumbai
State Maharashtra
Address Siddhi Apartments, Marve Road, Orlem, Malad (West), Mumbai - 400 064.

These details are important not only for users using online banking but also for businesses and individuals who use Saraswat Cooperative Bank Limited in Greater Bombay for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SRCB0000152 for the Orlem (Malad West) branch of Saraswat Cooperative Bank Limited is vital.

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 Orlem (Malad West), Greater Bombay, Maharashtra, are allotted a unique IFSC like SRCB0000152 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 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 makes sure that money sent to Saraswat Cooperative Bank Limited in Orlem (Malad West) reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SRCB0000152

The format of the IFSC Code for banks, including Saraswat Cooperative Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Saraswat Cooperative Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Orlem (Malad West) in Greater Bombay.

For example, the IFSC Code SRCB0000152 of Saraswat Cooperative Bank Limited for the Orlem (Malad West) 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?

If you are looking for the IFSC Code SRCB0000152 of Saraswat Cooperative Bank Limited for its Orlem (Malad West) branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 Orlem (Malad West) or Greater Bombay to get the exact IFSC Code SRCB0000152.

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 Greater Bombay, then it will provide you proper information.

How to Use IFSC Code SRCB0000152 for Online Transfers?

Once you have the IFSC Code SRCB0000152 for the Orlem (Malad West) branch of Saraswat Cooperative Bank Limited in Greater Bombay, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SRCB0000152. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Saraswat Cooperative Bank Limited IFSC Code SRCB0000152.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Saraswat Cooperative Bank Limited Orlem (Malad West) in Greater Bombay, it can 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 Orlem (Malad West), 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)

What is the IFSC Code of Saraswat Cooperative Bank Limited in Orlem (Malad West), Greater Bombay?

The IFSC Code is SRCB0000152.

Is the IFSC Code SRCB0000152 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Saraswat Cooperative Bank Limited Orlem (Malad West)?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Orlem (Malad West) branch?

The address of the branch is Siddhi Apartments, Marve Road, Orlem, Malad (West), Mumbai - 400 064. located in Greater Bombay, Mumbai, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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