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 Rasec Pimpri 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 SRCB0000487. 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, Rasec Pimpri, Pune
The table below shows the main details of the IFSC Code SRCB0000487 for the Saraswat Cooperative Bank Limited branch in Pune, which falls under the Pune district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Saraswat Cooperative Bank Limited |
| IFSC Code | SRCB0000487 |
| Branch | Rasec Pimpri |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Office No 303, 2Nd Floor, Shree Morya Bhavan, Cts 4777/1 To 4,Plot No 127/1 Telco Road, Hotel Hilton Double Tree, Mohan Nagar, Village Akurdi, Taluka Haveli,Pune-411019 |
These details are important not only for users using online banking but also for businesses and individuals who use Saraswat Cooperative Bank Limited in Pune for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SRCB0000487 for the Rasec Pimpri branch of Saraswat Cooperative Bank Limited is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Saraswat Cooperative Bank Limited located in Rasec Pimpri, Pune, Maharashtra, is provided a unique IFSC like SRCB0000487 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Saraswat Cooperative Bank Limited branch in Pune.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Pune and Pune.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Saraswat Cooperative Bank Limited in Rasec Pimpri do not get misguided to another person.
Format of the IFSC Code SRCB0000487
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 Rasec Pimpri in Pune.
For example, the IFSC Code SRCB0000487 of Saraswat Cooperative Bank Limited for the Rasec Pimpri 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 SRCB0000487 of Saraswat Cooperative Bank Limited for its Rasec Pimpri 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 Rasec Pimpri or Pune to get the exact IFSC Code SRCB0000487.
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 SRCB0000487 for Online Transfers?
Once you have the IFSC Code SRCB0000487 for the Rasec Pimpri branch of Saraswat Cooperative Bank Limited in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SRCB0000487. 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 SRCB0000487.
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 Rasec Pimpri in Pune, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Saraswat Cooperative Bank Limited in Rasec Pimpri, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Saraswat Cooperative Bank Limited website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Pune manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Rasec Pimpri Pune branch is SRCB0000487.
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 Office No 303, 2Nd Floor, Shree Morya Bhavan, Cts 4777/1 To 4,Plot No 127/1 Telco Road, Hotel Hilton Double Tree, Mohan Nagar, Village Akurdi, Taluka Haveli,Pune-411019.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.