IFSC Code of Saraswat Cooperative Bank Limited, Rasec - Dadar, Mumbai, Maharashtra — SRCB0000116

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 Rasec - Dadar 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 SRCB0000116. 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, Rasec - Dadar, Greater Bombay

The table below shows the main details of the IFSC Code SRCB0000116 for the Saraswat Cooperative Bank Limited branch in Greater Bombay, which falls under the Mumbai district in Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Saraswat Cooperative Bank Limited in Greater Bombay for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0000116 for the Rasec - Dadar branch of Saraswat Cooperative Bank Limited has 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 Rasec - Dadar, Greater Bombay, Maharashtra, is provided with a unique IFSC like SRCB0000116 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 Greater Bombay.
• 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 Greater Bombay and Mumbai.
• 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Saraswat Cooperative Bank Limited in Rasec - Dadar do not get mixed with another location.

Format of the IFSC Code SRCB0000116

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 Rasec - Dadar in Greater Bombay.

For example, the IFSC Code SRCB0000116 of Saraswat Cooperative Bank Limited for the Rasec - Dadar 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 SRCB0000116 of Saraswat Cooperative Bank Limited for its Rasec - Dadar 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 Rasec - Dadar or Greater Bombay to get the exact IFSC Code SRCB0000116.

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 SRCB0000116 for Online Transfers?

Once you have the IFSC Code SRCB0000116 for the Rasec - Dadar 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 SRCB0000116. 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 SRCB0000116.

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 Rasec - Dadar in Greater Bombay, 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 Rasec - Dadar, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Greater Bombay manage online transfers as well as cheque clearances with ease.