Saraswat Co-operative Bank, MAHAD

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

IFSC Code: SRCB0000228
Branch: MAHAD
Address: MAHAD TRADE CENTRE, 1ST FLOOR, NEXT TO RAJMATA JIJAU UDHYAN, CHATRAPATI SHIVAJI MARG, MAHAD, DIST- RAIGAD, PIN 402301
Bank Code: SRCB
MICR: 402088002

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Frequently asked questions

What's the IFSC Code of MAHAD, Saraswat Co-operative Bank?: The IFSC Code of MAHAD, Saraswat Co-operative Bank is SRCB0000228.
What's the Address of MAHAD, Saraswat Co-operative Bank?: The Address of MAHAD, Saraswat Co-operative Bank is MAHAD TRADE CENTRE, 1ST FLOOR, NEXT TO RAJMATA JIJAU UDHYAN, CHATRAPATI SHIVAJI MARG, MAHAD, DIST- RAIGAD, PIN 402301.
What's the MICR Code of MAHAD, Saraswat Co-operative Bank?: The MICR Code of MAHAD, Saraswat Co-operative Bank is 402088002.
What's the District MAHAD, Saraswat Co-operative Bank falls under?: The District MAHAD, Saraswat Co-operative Bank falls under is RAIGAD.

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).