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 Bhadradri Co Op Bank Ltd Kodad Branch branch in Suryapet, Kodad, Telangana, 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 Suryapet or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code SRCB0BCB017. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Saraswat Cooperative Bank Limited, Bhadradri Co Op Bank Ltd Kodad Branch, Suryapet
Below in the table are the key details related to IFSC Code SRCB0BCB017 of Saraswat Cooperative Bank Limited for its branch located in Suryapet, within the district of Kodad in the state of Telangana.
| Particulars | Details |
|---|---|
| Bank | Saraswat Cooperative Bank Limited |
| IFSC Code | SRCB0BCB017 |
| Branch | Bhadradri Co Op Bank Ltd Kodad Branch |
| City | Suryapet |
| District | Kodad |
| State | Telangana |
| Address | D.No. 3-116,Ground Floor, Ananthagiri Road,Kodad Municipality,Kodad Mandal, Suryapet District, Telangana State. Pin 508206 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Saraswat Cooperative Bank Limited in Suryapet for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SRCB0BCB017 for the Bhadradri Co Op Bank Ltd Kodad Branch branch of Saraswat Cooperative Bank Limited has 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 Bhadradri Co Op Bank Ltd Kodad Branch, Suryapet, Telangana, are given a unique IFSC like SRCB0BCB017 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Suryapet.
- 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 Suryapet and Kodad.
- 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 Bhadradri Co Op Bank Ltd Kodad Branch goes to the correct branch. This is important because Saraswat Cooperative Bank Limited has thousands of branches in Telangana and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SRCB0BCB017
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 Bhadradri Co Op Bank Ltd Kodad Branch in Suryapet.
For example, the IFSC Code SRCB0BCB017 of Saraswat Cooperative Bank Limited for the Bhadradri Co Op Bank Ltd Kodad Branch branch has these elements, identifying the bank and the branch location in Suryapet and Telangana correctly.
How to Find IFSC Code for Saraswat Cooperative Bank Limited?
If you are looking for the IFSC Code SRCB0BCB017 of Saraswat Cooperative Bank Limited for its Bhadradri Co Op Bank Ltd Kodad Branch branch located in Suryapet, 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 Suryapet and Kodad, 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 Bhadradri Co Op Bank Ltd Kodad Branch or Suryapet to get the exact IFSC Code SRCB0BCB017.
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 Suryapet, then it will provide you proper information.
How to Use IFSC Code SRCB0BCB017 for Online Transfers?
Once you have the IFSC Code SRCB0BCB017 for the Bhadradri Co Op Bank Ltd Kodad Branch branch of Saraswat Cooperative Bank Limited in Suryapet, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SRCB0BCB017. 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 SRCB0BCB017.
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 Bhadradri Co Op Bank Ltd Kodad Branch in Suryapet, it can 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 Bhadradri Co Op Bank Ltd Kodad Branch, 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 Suryapet to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SRCB0BCB017.
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 D.No. 3-116,Ground Floor, Ananthagiri Road,Kodad Municipality,Kodad Mandal, Suryapet District, Telangana State. Pin 508206 located in Suryapet, Kodad, Telangana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.