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 Sundarlal Sawji Urban Co-Op. Bank Ltd branch in Hingoli, Jawla Bazar, 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 Hingoli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0SSB006. 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, Sundarlal Sawji Urban Co-Op. Bank Ltd, Hingoli

The table below shows the main details of the IFSC Code SRCB0SSB006 for the Saraswat Cooperative Bank Limited branch in Hingoli, which falls under the Jawla Bazar district in Maharashtra.

Particulars Details
Bank Saraswat Cooperative Bank Limited
IFSC Code SRCB0SSB006
Branch Sundarlal Sawji Urban Co-Op. Bank Ltd
City Hingoli
District Jawla Bazar
State Maharashtra
Address Main Road,Jawla Bazar

These details helps users in online banking and for businesses and individuals who use Saraswat Cooperative Bank Limited in Hingoli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0SSB006 for the Sundarlal Sawji Urban Co-Op. Bank Ltd branch of Saraswat Cooperative Bank Limited plays a vital 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 SRCB0SSB006 is given to every bank branch, including Saraswat Cooperative Bank Limited located in Sundarlal Sawji Urban Co-Op. Bank Ltd, Hingoli, 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 Hingoli.
  • 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 Hingoli and Jawla Bazar.
  • 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 Sundarlal Sawji Urban Co-Op. Bank Ltd doesn't end up at another location.

Format of the IFSC Code SRCB0SSB006

The format of the IFSC Code for banks, including Saraswat Cooperative Bank Limited, has 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 Sundarlal Sawji Urban Co-Op. Bank Ltd in Hingoli.

For example, the IFSC Code SRCB0SSB006 of Saraswat Cooperative Bank Limited for the Sundarlal Sawji Urban Co-Op. Bank Ltd branch includes these elements, identifying the bank and the branch location in Hingoli and Maharashtra correctly.

How to Find IFSC Code for Saraswat Cooperative Bank Limited?

If you are looking for the IFSC Code SRCB0SSB006 of Saraswat Cooperative Bank Limited for its Sundarlal Sawji Urban Co-Op. Bank Ltd branch located in Hingoli, 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 Hingoli and Jawla Bazar, 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 Sundarlal Sawji Urban Co-Op. Bank Ltd or Hingoli to get the exact IFSC Code SRCB0SSB006.

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 Hingoli, then it will provide you proper information.

How to Use IFSC Code SRCB0SSB006 for Online Transfers?

Once you have the IFSC Code SRCB0SSB006 for the Sundarlal Sawji Urban Co-Op. Bank Ltd branch of Saraswat Cooperative Bank Limited in Hingoli, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SRCB0SSB006. Transfers are processed in batches. This is 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. Requires the recipient's account details and Saraswat Cooperative Bank Limited IFSC Code SRCB0SSB006.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Saraswat Cooperative Bank Limited Sundarlal Sawji Urban Co-Op. Bank Ltd in Hingoli may 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 Sundarlal Sawji Urban Co-Op. Bank Ltd, 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 Hingoli manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Saraswat Cooperative Bank Limited Sundarlal Sawji Urban Co-Op. Bank Ltd Hingoli?

The IFSC Code of the Sundarlal Sawji Urban Co-Op. Bank Ltd Hingoli branch is SRCB0SSB006.

Is IFSC Code SRCB0SSB006 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Saraswat Cooperative Bank Limited Sundarlal Sawji Urban Co-Op. Bank Ltd branch?

The branch is located at Main Road,Jawla Bazar.

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.