What is IFSC Code of The Saraswat Co-Operative Bank Malvan Branch in Sindhudurg, Maharashtra ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of Saraswat Bank is provided by RBI. Saraswat Bank IFSC Code identifies branch which participate in online fund transfers. IFSC code The Saraswat Co-Operative Bank Branch is a unique code for branch. Saraswat Bank IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)
The Saraswat Co-Operative Bank Malvan Branch IFSC Code SRCB0000040 & MICR 416088126 Maharashtra State Sindhudurg District located Saraswat Bank Malvan Branch Address is MADHU SINDHU, TALUKA MALVAN, DIST. SINDHUDURG-416 606. Contact No 02365-252114 Saraswat Bank Malvan email id ifsc code is SRCB0000040 & micr is 416088126
What is SWIFT CODE of Saraswat Bank Malvan Branch in Sindhudurg, Maharashtra ?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same. The SWIFT code is 8 or 11 characters
Example: AAAAUK5CXXX
• AAAA 4 letters: Institution Code or bank code.
• UK 2 letters: ISO 3166-1 alpha-2 country code
• 5C 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• XXX 3 letters or digits: branch code, optional ('XXX' for primary office)
Where an 8-digit code is given, it may be assumed that it refers to the primary office.
The Saraswat Co-Operative Bank of Malvan Branch IFSC code SRCB0000040, MICR NO 416088126 is in Sindhudurg district of Maharashtra State. Saraswat Bank Customer care email [email protected]. The Saraswat Co-Operative Bank Customer care phone number 022 -41572070 .
How to use Saraswat Bank Malvan Branch SWIFT, BIC Code in Sindhudurg, Maharashtra
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. The Saraswat Co-Operative Bank SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code of Saraswat Bank is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.
MICR code for The Saraswat Co-Operative Bank Malvan Branch is 416088126. This MICR code 416088126 is used to get bank account details of customer for cheque clearance.
What is MICR No of The Saraswat Co-Operative Bank Malvan Branch in Sindhudurg, Maharashtra and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. The Saraswat Co-Operative Bank Malvan MICR No is 416088126 used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code Saraswat Bank give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.
IFSC code for Saraswat Bank Malvan branch IFSC Code is SRCB0000040. IFSC code is also available at bottom of cheque of THE SARASWAT CO-OPERATIVE BANK. This code SRCB0000040 is helpful to know MALVAN branch details of the Saraswat Bank when we made online transaction of fund through NEFT,RTGS,mobile banking, bill payments, Credit card payment, online booking etc.