For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Parli branch in Parli, Beed, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited located in Parli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code CRUB0000007. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited, Parli, Parli
The table below shows the main details of the IFSC Code CRUB0000007 for the Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited branch in Parli, which falls under the Beed district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited |
| IFSC Code | CRUB0000007 |
| Branch | Parli |
| City | Parli |
| District | Beed |
| State | Maharashtra |
| Address | Vaidyanath Shopping Complex, Parli,Dist. Beed,State:Maharashtra-431515 |
These details are important not only for users using online banking but also for businesses and individuals who use Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Parli for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code CRUB0000007 for the Parli branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited is vital.
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 CRUB0000007 is given to every bank branch, including Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited located in Parli, Parli, 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 Parli.
- 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 Parli 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 Parli doesn't end up at another location.
Format of the IFSC Code CRUB0000007
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 Parli in Parli.
For example, the IFSC Code CRUB0000007 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for the Parli branch includes these elements, identifying the bank and the branch location in Parli and Maharashtra accurately.
How to Find IFSC Code for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited?
If you are looking for the IFSC Code CRUB0000007 of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited for its Parli branch located in Parli, the following methods can help:
Cheque Book
The cheque book that is 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 at the top section.
Passbook
Most of the banks, including Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited branches in Parli and Beed, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited and look for the branch locator section, then search for Parli or Parli to get the exact IFSC Code CRUB0000007.
Mobile Banking App
If you use Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited and Parli, then it will provide you proper information.
How to Use IFSC Code CRUB0000007 for Online Transfers?
Once you have the IFSC Code CRUB0000007 for the Parli branch of Shri Chhatrapati Rajashri Shahu Urban Cooperative Bank Limited in Parli, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code CRUB0000007. 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 CRUB0000007.
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 Parli in Parli, it can result in delayed or failed transactions.
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 Parli, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Parli to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Parli Parli branch is CRUB0000007.
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 Vaidyanath Shopping Complex, Parli,Dist. Beed,State:Maharashtra-431515.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.