There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Saraswat Cooperative Bank Limited for its Fatima Nagar Branch branch in Pune, Pune, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Saraswat Cooperative Bank Limited situated in Pune or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SRCB0000370. You should 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, Fatima Nagar Branch, Pune
Here are some of the key details that come with the IFSC Code SRCB0000370 of Saraswat Cooperative Bank Limited for its branch located in Pune, within the district of Pune in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Saraswat Cooperative Bank Limited |
| IFSC Code | SRCB0000370 |
| Branch | Fatima Nagar Branch |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Showroom No.A, ’c’ Wing, Kpct Mall, Fatima Nagar, Pune 410 040. |
These details help users in online banking and for businesses and individuals who use Saraswat Cooperative Bank Limited in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0000370 for the Fatima Nagar Branch branch of Saraswat Cooperative Bank Limited has a very 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 Fatima Nagar Branch, Pune, Maharashtra, are given a unique IFSC like SRCB0000370 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Pune.
- 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 Pune and Pune.
- 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 Fatima Nagar Branch 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 SRCB0000370
This is the format of the IFSC Code for banks, including Saraswat Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Saraswat Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Fatima Nagar Branch in Pune.
For example, the IFSC Code SRCB0000370 of Saraswat Cooperative Bank Limited for the Fatima Nagar Branch branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Saraswat Cooperative Bank Limited?
If you are looking for the IFSC Code SRCB0000370 of Saraswat Cooperative Bank Limited for its Fatima Nagar Branch branch located in Pune, 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 Pune and Pune, 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 Fatima Nagar Branch or Pune to get the exact IFSC Code SRCB0000370.
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 Pune, then it will provide you proper information.
How to Use IFSC Code SRCB0000370 for Online Transfers?
If you have the IFSC Code SRCB0000370 for the Fatima Nagar Branch branch of Saraswat Cooperative Bank Limited in Pune, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SRCB0000370. 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 SRCB0000370.
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 Fatima Nagar Branch in Pune, 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 Fatima Nagar Branch, 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 Pune manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Fatima Nagar Branch Pune branch is SRCB0000370.
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 Showroom No.A, ’c’ Wing, Kpct Mall, Fatima Nagar, Pune 410 040..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.