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 Bhusari Colony Pune Branch IFSC/MICR Code Details
Bank Name SARASWAT COOPERATIVE BANK LIMITED
Address BANDAL CAPITAL, NEAR PMT BUS STAND DEPOT, BHUSARI COLONY, KOTHRUD, PUNE - 411 038.
State MAHARASHTRA
District PUNE
Branch BHUSARI COLONY
IFSC Code SRCB0000430
Branch Code 000430 (Last six characters of IFSC code represent Branch code.)
MICR Code 411088037
Contact Phone 25286002
via https://bankingzone.in/ifsc

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