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 Sme Pune Pune Branch IFSC/MICR Code Details
Bank Name SARASWAT COOPERATIVE BANK LIMITED
Address C2, KOHINOOR ESTATE CO-OP. HSG. SOCIETY, MULA ROAD, SANGAM WADI, NEAR KAMALNAYAN BAJAJ GARDEN, PUNE- 411003.
State MAHARASHTRA
District PUNE
Branch SME PUNE
IFSC Code SRCB0000283
Branch Code 000283 (Last six characters of IFSC code represent Branch code.)
MICR Code 411088019
Contact Phone 41422201
via https://bankingzone.in/ifsc

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