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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Ambad branch in Ambad, Jalana, 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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited located in Ambad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CRUB0000023. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited, Ambad, Ambad
Below in the table are the key details related to IFSC Code CRUB0000023 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its branch located in Ambad, within the district of Jalana in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited |
| IFSC Code | CRUB0000023 |
| Branch | Ambad |
| City | Ambad |
| District | Jalana |
| State | Maharashtra |
| Address | Mahaveer Chowk, Beed Road, Ambad, Dist. Jalna |
These details are crucial, not just for online banking users but also for businesses and individuals who use Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Ambad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CRUB0000023 for the Ambad branch of Shri Chhatrapati Rajashri Shahu Urban 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 that is provided by the Reserve Bank of India. A unique IFSC like CRUB0000023 is given to every bank branch, including Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited located in Ambad, Ambad, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited branch in Ambad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Ambad and Jalana.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Ambad doesn't end up at another location.
Format of the IFSC Code CRUB0000023
The format of the IFSC Code for banks, including Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Shri Chhatrapati Rajashri Shahu Urban 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 Ambad in Ambad.
For example, the IFSC Code CRUB0000023 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for the Ambad branch includes these elements, identifying the bank and the branch location in Ambad and Maharashtra correctly.
How to Find IFSC Code for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited?
If you are trying to find the IFSC Code CRUB0000023 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Ambad branch located in Ambad, the following methods can help:
Cheque Book
The cheque book issued by Shri Chhatrapati Rajashri Shahu Urban 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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited branches in Ambad and Jalana, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited and navigate to the branch locator section. Search for Ambad or Ambad to get the exact IFSC Code CRUB0000023.
Mobile Banking App
If you use Shri Chhatrapati Rajashri Shahu Urban 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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited and Ambad, you'll get the correct details.
How to Use IFSC Code CRUB0000023 for Online Transfers?
Once you have the IFSC Code CRUB0000023 for the Ambad branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Ambad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CRUB0000023. The transfer is completed in batches instead of instantly. It is useful for both 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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited IFSC Code CRUB0000023.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited Ambad in Ambad, your payment can get delayed or might not go through at all.
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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Ambad, 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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Ambad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is CRUB0000023.
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 Mahaveer Chowk, Beed Road, Ambad, Dist. Jalna located in Ambad, Jalana, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.