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 Market Yard 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 CRUB0000003. 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, Market Yard, Beed
Below in the table are the key details related to IFSC Code CRUB0000003 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 | CRUB0000003 |
| Branch | Market Yard |
| City | Beed |
| District | Beed |
| State | Maharashtra |
| Address | Mondha, Beed, Dist. Beed,State:Maharashtra-431122. |
These details are essential not only for online banking users but also for businesses and individuals who use Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Beed for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CRUB0000003 for the Market Yard branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited plays 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, along with Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited located in Market Yard, Beed, Maharashtra, are given a unique IFSC like CRUB0000003 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Beed.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Beed and Beed.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Market Yard goes to the correct branch. This is important because Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code CRUB0000003
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 Market Yard in Beed.
For example, the IFSC Code CRUB0000003 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for the Market Yard 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 CRUB0000003 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Market Yard branch located in Beed, 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
You can easily find the IFSC and MICR codes because most banks, including Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited branches in Beed and Beed, print them 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 Market Yard or Beed to get the exact IFSC Code CRUB0000003.
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 Beed, you'll get the correct details.
How to Use IFSC Code CRUB0000003 for Online Transfers?
Once you have the IFSC Code CRUB0000003 for the Market Yard branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Beed, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code CRUB0000003. 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 Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited IFSC Code CRUB0000003.
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 Market Yard in Beed, 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 Market Yard, 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 Beed manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is CRUB0000003.
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 Mondha, 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.