What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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Saraswat Cooperative Bank Limited Kurla N S Bank Chembur Mumbai Branch IFSC/MICR Code Details
Bank Name SARASWAT COOPERATIVE BANK LIMITED
Address BALRAM NIVAS, NEAR ASHISH CINEMA, LAXMI COLONY, CHEMBUR, MUMBAI 400 074
State MAHARASHTRA
District MUMBAI
Branch KURLA N S BANK CHEMBUR
IFSC Code SRCB0KNS012
Branch Code KNS012 (Last six characters of IFSC code represent Branch code.)
MICR Code 400077012
Contact Phone 25547928
via https://bankingzone.in/ifsc

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