Saraswat Co-operative Bank, KARAD

Here is the IFSC & MICR Codes of Saraswat Co-operative Bank, KARAD, KARAD, MAHARASHTRA. Also get the latest address, contact number of Saraswat Co-operative Bank, KARAD.

IFSC Code: SRCB0000248
Branch: KARAD
Address: Address:- 109, Budhwar Peth, Opposite Cottage Hospital, Karad - 415110
Bank Code: SRCB
MICR: 415088352

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Frequently asked questions

What's the IFSC Code of KARAD, Saraswat Co-operative Bank?: The IFSC Code of KARAD, Saraswat Co-operative Bank is SRCB0000248.
What's the Address of KARAD, Saraswat Co-operative Bank?: The Address of KARAD, Saraswat Co-operative Bank is Address:- 109, Budhwar Peth, Opposite Cottage Hospital, Karad - 415110.
What's the MICR Code of KARAD, Saraswat Co-operative Bank?: The MICR Code of KARAD, Saraswat Co-operative Bank is 415088352.
What's the District KARAD, Saraswat Co-operative Bank falls under?: The District KARAD, Saraswat Co-operative Bank falls under is SATARA.

Definition

What is IFSC Code

IFSC stands for Indian Financial System Code. It is a unique 11-character code assigned by the Reserve Bank of India (RBI) to identify every bank branch participating in the NEFT (National Electronic Funds Transfer) system in India.

The IFSC code is used to facilitate electronic money transfers between banks in India. It is used to identify the sender and receiver bank branches, ensuring that the money is credited to the correct account. The IFSC code is made up of three parts:

The first four characters represent the bank code, identifying the bank that the branch belongs to.
The fifth character is always a zero, reserved for future use.
The last six characters represent the branch code, identifying the specific branch of the bank.

For example, the IFSC code for the State Bank of India's Mumbai Fort branch is SBIN0000300. In this code, "SBIN" is the bank code for State Bank of India, "0" is a reserved character, and "000300" is the branch code for the Mumbai Fort branch.

IFSC codes are used in many types of electronic transactions, including NEFT, RTGS (Real Time Gross Settlement), and IMPS (Immediate Payment Service).