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 Sundarlal Savji Co Op Bank Ltd Pune Branch 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 SRCB0SSB022. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Saraswat Cooperative Bank Limited, Sundarlal Savji Co Op Bank Ltd Pune Branch, Pune
The table below shows the main details of the IFSC Code SRCB0SSB022 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 | SRCB0SSB022 |
| Branch | Sundarlal Savji Co Op Bank Ltd Pune Branch |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Sundarlal Savji Co Op Bank Ltd,Pune Branch Shop No 2/2 B,Sarita Chamber,New Yara Society,Gangadham Chowk,Bibwevadi,Pune. |
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 SRCB0SSB022 for the Sundarlal Savji Co Op Bank Ltd Pune Branch branch of Saraswat Cooperative Bank Limited is vital.
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, including Saraswat Cooperative Bank Limited located in Sundarlal Savji Co Op Bank Ltd Pune Branch, Pune, Maharashtra, is provided with a unique IFSC like SRCB0SSB022 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Saraswat Cooperative Bank Limited branch in Pune.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Pune and Pune.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Saraswat Cooperative Bank Limited in Sundarlal Savji Co Op Bank Ltd Pune Branch do not get mixed with another location.
Format of the IFSC Code SRCB0SSB022
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): Show the bank code. For Saraswat Cooperative Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sundarlal Savji Co Op Bank Ltd Pune Branch in Pune.
For example, the IFSC Code SRCB0SSB022 of Saraswat Cooperative Bank Limited for the Sundarlal Savji Co Op Bank Ltd Pune 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 trying to find the IFSC Code SRCB0SSB022 of Saraswat Cooperative Bank Limited for its Sundarlal Savji Co Op Bank Ltd Pune Branch branch located in Pune, 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 Pune and Pune, 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 Sundarlal Savji Co Op Bank Ltd Pune Branch or Pune to get the exact IFSC Code SRCB0SSB022.
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 Pune, you'll get the correct details.
How to Use IFSC Code SRCB0SSB022 for Online Transfers?
Once you have the IFSC Code SRCB0SSB022 for the Sundarlal Savji Co Op Bank Ltd Pune Branch branch of Saraswat Cooperative Bank Limited in Pune, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SRCB0SSB022. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Saraswat Cooperative Bank Limited IFSC Code SRCB0SSB022.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Saraswat Cooperative Bank Limited Sundarlal Savji Co Op Bank Ltd Pune Branch in Pune, it can result in delayed or failed transactions.
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 Sundarlal Savji Co Op Bank Ltd Pune Branch, 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 is SRCB0SSB022.
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 Savji Co Op Bank Ltd,Pune Branch Shop No 2/2 B,Sarita Chamber,New Yara Society,Gangadham Chowk,Bibwevadi,Pune. located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.