Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Barshi Road branch in Beed, Beed, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited located in Beed or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CRUB0000028. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited, Barshi Road, Beed
Here are the main details that are associated with the IFSC Code CRUB0000028 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its branch located in Beed, within the district of Beed in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited |
| IFSC Code | CRUB0000028 |
| Branch | Barshi Road |
| City | Beed |
| District | Beed |
| State | Maharashtra |
| Address | Bajirao Nagar, Barshi Road, Tq. Dist. Beed. Pin-431 122 |
These details helps users in online banking and for businesses and individuals who use Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Beed for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CRUB0000028 for the Barshi Road branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited plays a vital 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 CRUB0000028 is given to every bank branch, including Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited located in Barshi Road, Beed, 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 Beed.
- 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 Beed and Beed.
- 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 Barshi Road doesn't end up at another location.
Format of the IFSC Code CRUB0000028
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 of this:
- First 4 characters (AAAA): Represent the bank code. For Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Barshi Road in Beed.
For example, the IFSC Code CRUB0000028 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for the Barshi Road branch includes these elements, identifying the bank and the branch location in Beed and Maharashtra accurately.
How to Find IFSC Code for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited?
To find the IFSC Code CRUB0000028 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Barshi Road branch located in Beed, the following methods can help you out:
Cheque Book
The cheque book 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 on the top section.
Passbook
Most banks, including Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited branches in Beed and Beed, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited and go to the branch locator section. Then search for Barshi Road or Beed to find the exact IFSC Code CRUB0000028.
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 maintains an updated database of all IFSC codes. Searching for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited and Beed will provide accurate information.
How to Use IFSC Code CRUB0000028 for Online Transfers?
If you have the IFSC Code CRUB0000028 for the Barshi Road branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Beed, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CRUB0000028. Transfers are processed in batches. 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. Asks for the recipient's account details and Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited IFSC Code CRUB0000028.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited Barshi Road in Beed, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Barshi Road, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go 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 IFSC and MICR codes helps account holders in Beed manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CRUB0000028.
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 Bajirao Nagar, Barshi Road, Tq. Dist. Beed. Pin-431 122 located in Beed, Beed, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.