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 Sundarlal Sawji Urban Co-Op. Bank Ltd branch in Kl, Akola, 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 Kl or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0SSB008. 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, Kl
The table below shows the main details of the IFSC Code SRCB0SSB008 for the Saraswat Cooperative Bank Limited branch in Kl, which falls under the Akola district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Saraswat Cooperative Bank Limited |
| IFSC Code | SRCB0SSB008 |
| Branch | Sundarlal Sawji Urban Co-Op. Bank Ltd |
| City | Kl |
| District | Akola |
| State | Maharashtra |
| Address | P.H.Market,First Floor,Tilak Road,Akola |
These details helps users in online banking and for businesses and individuals who use Saraswat Cooperative Bank Limited in Kl for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0SSB008 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 SRCB0SSB008 is given to every bank branch, including Saraswat Cooperative Bank Limited located in Sundarlal Sawji Urban Co-Op. Bank Ltd, Kl, 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 Kl.
- 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 Kl and Akola.
- 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 SRCB0SSB008
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 Sundarlal Sawji Urban Co-Op. Bank Ltd in Kl.
For example, the IFSC Code SRCB0SSB008 of Saraswat Cooperative Bank Limited for the Sundarlal Sawji Urban Co-Op. Bank Ltd branch has these elements, identifying the bank and the branch location in Kl and Maharashtra correctly.
How to Find IFSC Code for Saraswat Cooperative Bank Limited?
If you are trying to find the IFSC Code SRCB0SSB008 of Saraswat Cooperative Bank Limited for its Sundarlal Sawji Urban Co-Op. Bank Ltd branch located in Kl, the following methods can help:
Cheque Book
The cheque books that are issued by Saraswat Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Saraswat Cooperative Bank Limited branches in Kl and Akola, 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 find the branch locator section. Search for Sundarlal Sawji Urban Co-Op. Bank Ltd or Kl to get the exact IFSC Code SRCB0SSB008.
Mobile Banking App
If you use Saraswat Cooperative Bank Limited's mobile app, you can easily 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 to help you in searching for Saraswat Cooperative Bank Limited and Kl that will provide accurate information.
How to Use IFSC Code SRCB0SSB008 for Online Transfers?
Once you have the IFSC Code SRCB0SSB008 for the Sundarlal Sawji Urban Co-Op. Bank Ltd branch of Saraswat Cooperative Bank Limited in Kl, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SRCB0SSB008. 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 SRCB0SSB008.
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 Sundarlal Sawji Urban Co-Op. Bank Ltd in Kl, 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 Sundarlal Sawji Urban Co-Op. Bank Ltd, 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 Kl manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sundarlal Sawji Urban Co-Op. Bank Ltd Kl branch is SRCB0SSB008.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at P.H.Market,First Floor,Tilak Road,Akola.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.