IFSC Code, MICR Codes for SARASWAT COOPERATIVE BANK LIMITED in MAHARASHTRA - GREATER BOMBAY - MUMBAI - PALI HILL

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


IFSC Code

SRCB0000016

MICR Code

400088022

Branch

PALI HILL

Contact

26499693

Address

SAIGAL MANSION PALI HILL ROAD KHAR MUMBAI - 400 051.

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





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

SRCB0000016

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.