IFSC Code, MICR Codes for SARASWAT COOPERATIVE BANK LIMITED in KARNATAKA - BANGALORE URBAN - BANGALORE - BANASHANKARI

SARASWAT COOPERATIVE BANK LIMITED RTGS HO Branch in BANGALORE - Address, IFSC, MICR Code


IFSC Code

SRCB0000325

MICR Code

560088006

Branch

BANASHANKARI

Contact

26763815

Address

CHANDAN BUILDING 4TH CROSS 7TH BLOCK W K P ROAD JAYANAGAR BENGALURU - 560 082

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





What is IFSC Code of SARASWAT COOPERATIVE BANK LIMITED situated at BANASHANKARI- RTGS-HO?
IFSC Code of SARASWAT COOPERATIVE BANK LIMITED situated at BANASHANKARI - RTGS-HO is

SRCB0000325

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.