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 Thakur Village Branch 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 SRCB0000341. 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, Thakur Village Branch, Greater Bombay
Here are some of the key details that come with the IFSC Code SRCB0000341 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 | SRCB0000341 |
| Branch | Thakur Village Branch |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Thakur Public School, Near Thakur College Ground, Thakur Village, W.E. Highway, Kandivli (E), Mumbai 400 101. |
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 SRCB0000341 for the Thakur Village Branch 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 Thakur Village Branch, Greater Bombay, Maharashtra, are allotted a unique IFSC like SRCB0000341 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 Thakur Village Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SRCB0000341
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 Thakur Village Branch in Greater Bombay.
For example, the IFSC Code SRCB0000341 of Saraswat Cooperative Bank Limited for the Thakur Village Branch 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 trying to find the IFSC Code SRCB0000341 of Saraswat Cooperative Bank Limited for its Thakur Village Branch branch located in Greater Bombay, the following methods can help:
Cheque Book
The cheque book issued by Saraswat Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot 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 your passbook.
Bank Website
Visit the official website of Saraswat Cooperative Bank Limited and navigate to the branch locator section. Search for Thakur Village Branch or Greater Bombay to get the exact IFSC Code SRCB0000341.
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 keeps an updated list of all IFSC codes. If you search for Saraswat Cooperative Bank Limited and Greater Bombay, you'll get the correct details.
How to Use IFSC Code SRCB0000341 for Online Transfers?
Once you have the IFSC Code SRCB0000341 for the Thakur Village Branch 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 SRCB0000341. 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 SRCB0000341.
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 Thakur Village Branch in Greater Bombay, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Saraswat Cooperative Bank Limited in Thakur Village Branch, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Greater Bombay manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SRCB0000341.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Thakur Public School, Near Thakur College Ground, Thakur Village, W.E. Highway, Kandivli (E), Mumbai 400 101. located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.