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 Jail Road Nashik Branch IFSC/MICR Code Details
Bank Name SARASWAT COOPERATIVE BANK LIMITED
Address PLOT NO. 19, MADHURA APARTMENT, DASAK SHIVAR, JAIL ROAD, NASHIK.
State MAHARASHTRA
District NASHIK
Branch JAIL ROAD
IFSC Code SRCB0000215
Branch Code 000215 (Last six characters of IFSC code represent Branch code.)
MICR Code 422088014
Contact Phone 2416430
via https://bankingzone.in/ifsc

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