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 Waluj branch in Aurangabad, Aurangabad, 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 Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CRUB0000022. 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, Waluj, Aurangabad
The table below shows the main details of the IFSC Code CRUB0000022 for the Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited branch in Aurangabad, which falls under the Aurangabad district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited |
| IFSC Code | CRUB0000022 |
| Branch | Waluj |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| Address | Plot No.P-142, Midc Waluj, Dist. Aurangabad, State: Maharashtra - 431136 |
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 Aurangabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CRUB0000022 for the Waluj 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 CRUB0000022 is given to every bank branch, including Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited located in Waluj, Aurangabad, 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 Aurangabad.
- 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 Aurangabad and Aurangabad.
- 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 Waluj doesn't end up at another location.
Format of the IFSC Code CRUB0000022
The format of the IFSC Code for banks, including Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited, follows 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 Waluj in Aurangabad.
For example, the IFSC Code CRUB0000022 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for the Waluj branch includes these elements, identifying the bank and the branch location in Aurangabad and Maharashtra accurately.
How to Find IFSC Code for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited?
If you are looking for the IFSC Code CRUB0000022 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Waluj branch located in Aurangabad, the following methods can help:
Cheque Book
The cheque book that is issued by Shri Chhatrapati Rajashri Shahu Urban 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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited branches in Aurangabad and Aurangabad, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited and look for the branch locator section, then search for Waluj or Aurangabad to get the exact IFSC Code CRUB0000022.
Mobile Banking App
If you use Shri Chhatrapati Rajashri Shahu Urban 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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited and Aurangabad, then it will provide you proper information.
How to Use IFSC Code CRUB0000022 for Online Transfers?
Once you have the IFSC Code CRUB0000022 for the Waluj branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Aurangabad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CRUB0000022. 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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited IFSC Code CRUB0000022.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited Waluj in Aurangabad 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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Waluj, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Aurangabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CRUB0000022.
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 Plot No.P-142, Midc Waluj, Dist. Aurangabad, State: Maharashtra - 431136 located in Aurangabad, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.