IFSC Code of Saraswat Cooperative Bank Limited, Panchpakhadi, Thane, Maharashtra — SRCB0000416

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 Panchpakhadi branch in Thane, Thane, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SRCB0000416. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Saraswat Cooperative Bank Limited, Panchpakhadi, Thane

The table below shows the main details of the IFSC Code SRCB0000416 for the Saraswat Cooperative Bank Limited branch in Thane, which falls under the Thane district in Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Saraswat Cooperative Bank Limited in Thane for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SRCB0000416 for the Panchpakhadi 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, along with Saraswat Cooperative Bank Limited located in Panchpakhadi, Thane, Maharashtra, are allotted a unique IFSC like SRCB0000416 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Thane.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Thane and Thane.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Saraswat Cooperative Bank Limited in Panchpakhadi reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SRCB0000416

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 Panchpakhadi in Thane.

For example, the IFSC Code SRCB0000416 of Saraswat Cooperative Bank Limited for the Panchpakhadi branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

How to Find IFSC Code for Saraswat Cooperative Bank Limited?

If you are trying to find the IFSC Code SRCB0000416 of Saraswat Cooperative Bank Limited for its Panchpakhadi branch located in Thane, 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 Thane and Thane, 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 Panchpakhadi or Thane to get the exact IFSC Code SRCB0000416.

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 Thane, you'll get the correct details.

How to Use IFSC Code SRCB0000416 for Online Transfers?

Once you have the IFSC Code SRCB0000416 for the Panchpakhadi branch of Saraswat Cooperative Bank Limited in Thane, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SRCB0000416. 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 SRCB0000416.

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 Panchpakhadi in Thane, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Saraswat Cooperative Bank Limited in Panchpakhadi, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Thane manage their online transfers and cheque clearances easily.