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 Market Yard Latur branch in Latur, Latur, 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 Latur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CRUB0000032. 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, Market Yard Latur, Latur
The table below shows the main details of the IFSC Code CRUB0000032 for the Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited branch in Latur, which falls under the Latur district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited |
| IFSC Code | CRUB0000032 |
| Branch | Market Yard Latur |
| City | Latur |
| District | Latur |
| State | Maharashtra |
| Address | Basweshar Chowk, Market Yard Road, Latur Pin 413512 |
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 Latur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code CRUB0000032 for the Market Yard Latur 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, which is 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 Market Yard Latur, Latur, Maharashtra, is provided a unique IFSC like CRUB0000032 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited branch in Latur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Latur and Latur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Market Yard Latur do not get misguided to another person.
Format of the IFSC Code CRUB0000032
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 Market Yard Latur in Latur.
For example, the IFSC Code CRUB0000032 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for the Market Yard Latur branch includes these elements, identifying the bank and the branch location in Latur 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 CRUB0000032 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Market Yard Latur branch located in Latur, 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 Latur and Latur, 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 Market Yard Latur or Latur to get the exact IFSC Code CRUB0000032.
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 Latur that will provide accurate information.
How to Use IFSC Code CRUB0000032 for Online Transfers?
If you have the IFSC Code CRUB0000032 for the Market Yard Latur branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Latur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CRUB0000032. 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 CRUB0000032.
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 Market Yard Latur in Latur, it 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 Market Yard Latur, 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 Latur manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Market Yard Latur Latur branch is CRUB0000032.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Basweshar Chowk, Market Yard Road, Latur Pin 413512.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.