The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Saraswat Cooperative Bank Limited for its Chembur Nagarik Sahakari Bank - Koparkhairne branch in Navi Mumbai, Mumbai, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Saraswat Cooperative Bank Limited located in Navi Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0CNS007. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Saraswat Cooperative Bank Limited, Chembur Nagarik Sahakari Bank - Koparkhairne, Navi Mumbai
Here are some of the key details that come with the IFSC Code SRCB0CNS007 of Saraswat Cooperative Bank Limited for its branch located in Navi Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Saraswat Cooperative Bank Limited |
| IFSC Code | SRCB0CNS007 |
| Branch | Chembur Nagarik Sahakari Bank - Koparkhairne |
| City | Navi Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Channel Tower,Plot No.75,Sector 18,Koparkhairne,Vashi,Navi Mumbai -400709 |
These details helps users in online banking and for businesses and individuals who use Saraswat Cooperative Bank Limited in Navi Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0CNS007 for the Chembur Nagarik Sahakari Bank - Koparkhairne 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 provided by the Reserve Bank of India. Every bank branch, along with Saraswat Cooperative Bank Limited located in Chembur Nagarik Sahakari Bank - Koparkhairne, Navi Mumbai, Maharashtra, are given a unique IFSC like SRCB0CNS007 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Navi Mumbai.
- 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 Navi Mumbai 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 helps ensure that any money sent to Saraswat Cooperative Bank Limited in Chembur Nagarik Sahakari Bank - Koparkhairne 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 SRCB0CNS007
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 Chembur Nagarik Sahakari Bank - Koparkhairne in Navi Mumbai.
For example, the IFSC Code SRCB0CNS007 of Saraswat Cooperative Bank Limited for the Chembur Nagarik Sahakari Bank - Koparkhairne branch has these elements, identifying the bank and the branch location in Navi Mumbai and Maharashtra correctly.
How to Find IFSC Code for Saraswat Cooperative Bank Limited?
If you are trying to find the IFSC Code SRCB0CNS007 of Saraswat Cooperative Bank Limited for its Chembur Nagarik Sahakari Bank - Koparkhairne branch located in Navi Mumbai, 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 Navi Mumbai 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 Chembur Nagarik Sahakari Bank - Koparkhairne or Navi Mumbai to get the exact IFSC Code SRCB0CNS007.
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 Navi Mumbai, you'll get the correct details.
How to Use IFSC Code SRCB0CNS007 for Online Transfers?
If you have the IFSC Code SRCB0CNS007 for the Chembur Nagarik Sahakari Bank - Koparkhairne branch of Saraswat Cooperative Bank Limited in Navi Mumbai, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SRCB0CNS007. 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 SRCB0CNS007.
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 Chembur Nagarik Sahakari Bank - Koparkhairne in Navi Mumbai, 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 Chembur Nagarik Sahakari Bank - Koparkhairne, 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 Navi Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SRCB0CNS007.
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 Channel Tower,Plot No.75,Sector 18,Koparkhairne,Vashi,Navi Mumbai -400709 located in Navi Mumbai, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.