The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Shivaji Nagar branch in Beed, Beed, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today 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 CRUB0000010. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited, Shivaji Nagar, Beed
Here are the key points that are associated with the IFSC Code CRUB0000010 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 | CRUB0000010 |
| Branch | Shivaji Nagar |
| City | Beed |
| District | Beed |
| State | Maharashtra |
| Address | Shivaji Nagar, Beed,Dist. Beed,State:Maharashtra-431122 |
These details help 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 CRUB0000010 for the Shivaji Nagar branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited has a very 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 Shivaji Nagar, Beed, Maharashtra, is provided with a unique IFSC like CRUB0000010 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 Shivaji Nagar do not get mixed with another location.
Format of the IFSC Code CRUB0000010
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): These represent the bank code. In Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Shivaji Nagar in Beed.
For example, the IFSC Code CRUB0000010 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for the Shivaji Nagar branch has these elements, identifying the bank and the branch location in Beed 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 CRUB0000010 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Shivaji Nagar 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 Shivaji Nagar or Beed to get the exact IFSC Code CRUB0000010.
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 CRUB0000010 for Online Transfers?
Once you have the IFSC Code CRUB0000010 for the Shivaji Nagar branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Beed, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CRUB0000010. 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 CRUB0000010.
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 Shivaji Nagar in Beed may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Shivaji Nagar, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Beed manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is CRUB0000010.
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 Shivaji Nagar, 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.