The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Saraswat Cooperative Bank Limited for its Rameshwar Plaza, Kankavli branch in Sindhudurg, Kankavli, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Saraswat Cooperative Bank Limited located in Sindhudurg or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0000336. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Saraswat Cooperative Bank Limited, Rameshwar Plaza, Kankavli, Sindhudurg
Here are the key points that are associated with the IFSC Code SRCB0000336 of Saraswat Cooperative Bank Limited for its branch located in Sindhudurg, within the district of Kankavli in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Saraswat Cooperative Bank Limited |
| IFSC Code | SRCB0000336 |
| Branch | Rameshwar Plaza, Kankavli |
| City | Sindhudurg |
| District | Kankavli |
| State | Maharashtra |
| Address | Rameshwar Plaza, M. K. G. Marg, Near Prant Office, Kankavli, Dist.- Sindhudurg |
These details help users in online banking and for businesses and individuals who use Saraswat Cooperative Bank Limited in Sindhudurg for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0000336 for the Rameshwar Plaza, Kankavli 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 Rameshwar Plaza, Kankavli, Sindhudurg, Maharashtra, are given a unique IFSC like SRCB0000336 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sindhudurg.
- 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 Sindhudurg and Kankavli.
- 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 Rameshwar Plaza, Kankavli 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 SRCB0000336
The format of the IFSC Code for banks, including Saraswat Cooperative Bank Limited, has 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 Rameshwar Plaza, Kankavli in Sindhudurg.
For example, the IFSC Code SRCB0000336 of Saraswat Cooperative Bank Limited for the Rameshwar Plaza, Kankavli branch includes these elements, identifying the bank and the branch location in Sindhudurg and Maharashtra correctly.
How to Find IFSC Code for Saraswat Cooperative Bank Limited?
If you are trying to find the IFSC Code SRCB0000336 of Saraswat Cooperative Bank Limited for its Rameshwar Plaza, Kankavli branch located in Sindhudurg, 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
You can easily find the IFSC and MICR codes because most banks, including Saraswat Cooperative Bank Limited branches in Sindhudurg and Kankavli, print them 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 Rameshwar Plaza, Kankavli or Sindhudurg to get the exact IFSC Code SRCB0000336.
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 Sindhudurg, you'll get the correct details.
How to Use IFSC Code SRCB0000336 for Online Transfers?
Once you have the IFSC Code SRCB0000336 for the Rameshwar Plaza, Kankavli branch of Saraswat Cooperative Bank Limited in Sindhudurg, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SRCB0000336. Transfers are processed in batches. This is 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. Requires the recipient's account details and Saraswat Cooperative Bank Limited IFSC Code SRCB0000336.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Saraswat Cooperative Bank Limited Rameshwar Plaza, Kankavli in Sindhudurg may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Saraswat Cooperative Bank Limited in Rameshwar Plaza, Kankavli, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Sindhudurg to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SRCB0000336.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Rameshwar Plaza, M. K. G. Marg, Near Prant Office, Kankavli, Dist.- Sindhudurg located in Sindhudurg, Kankavli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.