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IFSC Code of Saraswat Cooperative Bank Limited, Baliram Peth, Jalgaon, Maharashtra — SRCB0000360

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Saraswat Cooperative Bank Limited for its Baliram Peth branch in Jalgaon, Jalgaon, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Saraswat Cooperative Bank Limited located in Jalgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0000360. 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, Baliram Peth, Jalgaon

Here are the key points that are associated with the IFSC Code SRCB0000360 of Saraswat Cooperative Bank Limited for its branch located in Jalgaon, within the district of Jalgaon in the state of Maharashtra.

Particulars Details
Bank Saraswat Cooperative Bank Limited
IFSC Code SRCB0000360
Branch Baliram Peth
City Jalgaon
District Jalgaon
State Maharashtra
Address R.K. Arcade, 9, Baliram Peth, M.G. Road, Opp. M.G. Market, Jalgaon 425 001.

These details are crucial, not just for online banking users but also for businesses and individuals who use Saraswat Cooperative Bank Limited in Jalgaon for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0000360 for the Baliram Peth 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, along with Saraswat Cooperative Bank Limited located in Baliram Peth, Jalgaon, Maharashtra, are given a unique IFSC like SRCB0000360 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Jalgaon.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Jalgaon and Jalgaon.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Saraswat Cooperative Bank Limited in Baliram Peth goes to the correct branch. This is important because Saraswat Cooperative Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SRCB0000360

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 Baliram Peth in Jalgaon.

For example, the IFSC Code SRCB0000360 of Saraswat Cooperative Bank Limited for the Baliram Peth branch includes these elements, identifying the bank and the branch location in Jalgaon and Maharashtra accurately.

How to Find IFSC Code for Saraswat Cooperative Bank Limited?

If you are trying to find the IFSC Code SRCB0000360 of Saraswat Cooperative Bank Limited for its Baliram Peth branch located in Jalgaon, 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

You can easily find the IFSC and MICR codes because most banks, including Saraswat Cooperative Bank Limited branches in Jalgaon and Jalgaon, print them 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 Baliram Peth or Jalgaon to get the exact IFSC Code SRCB0000360.

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 Jalgaon, you'll get the correct details.

How to Use IFSC Code SRCB0000360 for Online Transfers?

If you have the IFSC Code SRCB0000360 for the Baliram Peth branch of Saraswat Cooperative Bank Limited in Jalgaon, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SRCB0000360. 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 SRCB0000360.

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 Baliram Peth in Jalgaon, it may 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 Baliram Peth, 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 Jalgaon manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Saraswat Cooperative Bank Limited in Baliram Peth, Jalgaon?

The IFSC Code is SRCB0000360.

Is the IFSC Code SRCB0000360 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Saraswat Cooperative Bank Limited Baliram Peth?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Baliram Peth branch?

The address of the branch is R.K. Arcade, 9, Baliram Peth, M.G. Road, Opp. M.G. Market, Jalgaon 425 001. located in Jalgaon, Jalgaon, 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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