For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Saraswat Cooperative Bank Limited for its City Branch Jintur branch in Parbhani, Jintur, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Saraswat Cooperative Bank Limited located in Parbhani or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0SSB024. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Saraswat Cooperative Bank Limited, City Branch Jintur, Parbhani
Here are some of the key details that come with the IFSC Code SRCB0SSB024 of Saraswat Cooperative Bank Limited for its branch located in Parbhani, within the district of Jintur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Saraswat Cooperative Bank Limited |
| IFSC Code | SRCB0SSB024 |
| Branch | City Branch Jintur |
| City | Parbhani |
| District | Jintur |
| State | Maharashtra |
| Address | Sundarlal Sawji Urban Co-Op Bank Ltd, Jintur, Branch City Branch,Jintur, Jalna Road, Jintur, Dist- Parbhani |
These details are essential not only for online banking users but also for businesses and individuals who use Saraswat Cooperative Bank Limited in Parbhani for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0SSB024 for the City Branch Jintur branch of Saraswat Cooperative Bank Limited plays 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 City Branch Jintur, Parbhani, Maharashtra, are allotted a unique IFSC like SRCB0SSB024 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Parbhani.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Parbhani and Jintur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Saraswat Cooperative Bank Limited in City Branch Jintur reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SRCB0SSB024
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 City Branch Jintur in Parbhani.
For example, the IFSC Code SRCB0SSB024 of Saraswat Cooperative Bank Limited for the City Branch Jintur branch has these elements, identifying the bank and the branch location in Parbhani and Maharashtra correctly.
How to Find IFSC Code for Saraswat Cooperative Bank Limited?
If you are trying to find the IFSC Code SRCB0SSB024 of Saraswat Cooperative Bank Limited for its City Branch Jintur branch located in Parbhani, 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 Parbhani and Jintur, 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 City Branch Jintur or Parbhani to get the exact IFSC Code SRCB0SSB024.
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 Parbhani, you'll get the correct details.
How to Use IFSC Code SRCB0SSB024 for Online Transfers?
Once you have the IFSC Code SRCB0SSB024 for the City Branch Jintur branch of Saraswat Cooperative Bank Limited in Parbhani, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SRCB0SSB024. The transfer is completed in batches instead of instantly. It is useful for both 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 SRCB0SSB024.
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 City Branch Jintur in Parbhani, your payment can get delayed or might not go through at all.
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 City Branch Jintur, 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 Parbhani manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SRCB0SSB024.
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 Sundarlal Sawji Urban Co-Op Bank Ltd, Jintur, Branch City Branch,Jintur, Jalna Road, Jintur, Dist- Parbhani located in Parbhani, Jintur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.