There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Main branch in Beed, Beed, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited situated in Beed or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code CRUB0000002. You should 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, Main, Beed
Below in the table are the key details related to IFSC Code CRUB0000002 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 | CRUB0000002 |
| Branch | Main |
| City | Beed |
| District | Beed |
| State | Maharashtra |
| Address | Janadhar Bhavan, Jalna Road, Beed,Dist. Beed.State:Maharashtra-431122 |
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 Beed for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CRUB0000002 for the Main 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 provided by the Reserve Bank of India. Every bank branch, including Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited located in Main, Beed, Maharashtra, is provided with a unique IFSC like CRUB0000002 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Beed and Beed.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Main do not get mixed with another location.
Format of the IFSC Code CRUB0000002
This is 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 explanation:
- First 4 characters (AAAA): This is the bank code. For Shri Chhatrapati Rajashri Shahu Urban 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 Main in Beed.
For example, the IFSC Code CRUB0000002 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for the Main 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?
If you are trying to find the IFSC Code CRUB0000002 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Main branch located in Beed, the following methods can help:
Cheque Book
The cheque books that are issued by Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited include the IFSC Code which is printed on each cheque and 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 find the branch locator section. Search for Main or Beed to get the exact IFSC Code CRUB0000002.
Mobile Banking App
If you use Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited's mobile app, you can easily 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 to help you in searching for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited and Beed that will provide accurate information.
How to Use IFSC Code CRUB0000002 for Online Transfers?
Once you have the IFSC Code CRUB0000002 for the Main branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Beed, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CRUB0000002. 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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited IFSC Code CRUB0000002.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited Main in Beed, it can 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 Main, 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 CRUB0000002.
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 Janadhar Bhavan, Jalna Road, Beed,Dist. Beed.State:Maharashtra-431122 located in Beed, Beed, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.