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 Zone -- Vii Thakurdwar branch in Greater Bombay, Mumbai, or Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0000121. 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, Zone -- Vii Thakurdwar, Greater Bombay
Here are the main details that are associated with the IFSC Code SRCB0000121 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 | SRCB0000121 |
| Branch | Zone -- Vii Thakurdwar |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | 320, J.S.S Marg, Thakurdwar, Mumbai - 400 002 |
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 SRCB0000121 for the Zone -- Vii Thakurdwar 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 that is provided by the Reserve Bank of India. A unique IFSC like SRCB0000121 is given to every bank branch, including Saraswat Cooperative Bank Limited located in Zone -- Vii Thakurdwar, Greater Bombay, Maharashtra, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Greater Bombay and Mumbai.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Saraswat Cooperative Bank Limited in Zone -- Vii Thakurdwar doesn't end up at another location.
Format of the IFSC Code SRCB0000121
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): These represent the bank code. In Saraswat Cooperative Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Zone -- Vii Thakurdwar in Greater Bombay.
For example, the IFSC Code SRCB0000121 of Saraswat Cooperative Bank Limited for the Zone -- Vii Thakurdwar branch has these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra correctly.
How to Find IFSC Code for Saraswat Cooperative Bank Limited?
To find the IFSC Code SRCB0000121 of Saraswat Cooperative Bank Limited for its Zone -- Vii Thakurdwar 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 Zone -- Vii Thakurdwar or Greater Bombay to find the exact IFSC Code SRCB0000121.
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 SRCB0000121 for Online Transfers?
If you have the IFSC Code SRCB0000121 for the Zone -- Vii Thakurdwar branch of Saraswat Cooperative Bank Limited in Greater Bombay, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SRCB0000121. Transfers are processed in batches. 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. Asks for the recipient's account details and Saraswat Cooperative Bank Limited IFSC Code SRCB0000121.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Saraswat Cooperative Bank Limited Zone -- Vii Thakurdwar in Greater Bombay, it may result in delayed or failed transactions.
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 Zone -- Vii Thakurdwar, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Greater Bombay to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SRCB0000121.
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 320, J.S.S Marg, Thakurdwar, Mumbai - 400 002 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.