IFSC Code of Saraswat Cooperative Bank Limited, Kamothe, Kamothe, Maharashtra — SRCB0000402

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Saraswat Cooperative Bank Limited for its Kamothe branch in Raigad, Kamothe, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Saraswat Cooperative Bank Limited located in Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0000402. You should definitely 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, Kamothe, Raigad

Below in the table are the key details related to IFSC Code SRCB0000402 of Saraswat Cooperative Bank Limited for its branch located in Raigad, within the district of Kamothe in the state of Maharashtra.

These details help users in online banking and for businesses and individuals who use Saraswat Cooperative Bank Limited in Raigad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0000402 for the Kamothe 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Saraswat Cooperative Bank Limited located in Kamothe, Raigad, Maharashtra, is provided a unique IFSC like SRCB0000402 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 Raigad.
• 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 Raigad and Kamothe.
• 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 Kamothe do not get misguided to another person.

Format of the IFSC Code SRCB0000402

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 Kamothe in Raigad.

For example, the IFSC Code SRCB0000402 of Saraswat Cooperative Bank Limited for the Kamothe branch has these elements, identifying the bank and the branch location in Raigad and Maharashtra correctly.

How to Find IFSC Code for Saraswat Cooperative Bank Limited?

To find the IFSC Code SRCB0000402 of Saraswat Cooperative Bank Limited for its Kamothe branch located in Raigad, 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 Raigad and Kamothe, 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 Kamothe or Raigad to find the exact IFSC Code SRCB0000402.

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 Raigad will provide accurate information.

How to Use IFSC Code SRCB0000402 for Online Transfers?

Once you have the IFSC Code SRCB0000402 for the Kamothe branch of Saraswat Cooperative Bank Limited in Raigad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SRCB0000402. 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 SRCB0000402.

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 Kamothe in Raigad, 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 Kamothe, 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 Raigad manage online transfers as well as cheque clearances with ease.