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IFSC Code of Saraswat Cooperative Bank Limited, Pimple Nilakh, Pune, Maharashtra — SRCB0000372

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 Pimple Nilakh branch in Pune, Pune, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0000372. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Saraswat Cooperative Bank Limited, Pimple Nilakh, Pune

Here are the main details that are associated with the IFSC Code SRCB0000372 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 SRCB0000372
Branch Pimple Nilakh
City Pune
District Pune
State Maharashtra
Address Silver Space, Survey No.25,Jagtap Dairy, Vishal Nagar,Pimple Nilakh, Pune 411 027

These details are essential not only for online banking users but also for businesses and individuals who use Saraswat Cooperative Bank Limited in Pune for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0000372 for the Pimple Nilakh 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 Pimple Nilakh, Pune, Maharashtra, are allotted a unique IFSC like SRCB0000372 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 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 makes sure that money sent to Saraswat Cooperative Bank Limited in Pimple Nilakh reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SRCB0000372

The format of the IFSC Code for banks, including Saraswat Cooperative Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Saraswat Cooperative Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Pimple Nilakh in Pune.

For example, the IFSC Code SRCB0000372 of Saraswat Cooperative Bank Limited for the Pimple Nilakh 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?

To find the IFSC Code SRCB0000372 of Saraswat Cooperative Bank Limited for its Pimple Nilakh branch located in Pune, the following methods can help you out:

Cheque Book

The cheque book issued by Saraswat Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most 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

Visit the official website of Saraswat Cooperative Bank Limited and go to the branch locator section. Then search for Pimple Nilakh or Pune to find the exact IFSC Code SRCB0000372.

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 maintains an updated database of all IFSC codes. Searching for Saraswat Cooperative Bank Limited and Pune will provide accurate information.

How to Use IFSC Code SRCB0000372 for Online Transfers?

If you have the IFSC Code SRCB0000372 for the Pimple Nilakh 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 SRCB0000372. 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 SRCB0000372.

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 Pimple Nilakh 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 Pimple Nilakh, 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)

What is the IFSC Code of Saraswat Cooperative Bank Limited in Pimple Nilakh, Pune?

The IFSC Code is SRCB0000372.

Is the IFSC Code SRCB0000372 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 Pimple Nilakh?

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 Pimple Nilakh branch?

The address of the branch is Silver Space, Survey No.25,Jagtap Dairy, Vishal Nagar,Pimple Nilakh, Pune 411 027 located in Pune, Pune, 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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