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 Wagle Estate Thane West Thane Branch IFSC/MICR Code Details
Bank Name SARASWAT COOPERATIVE BANK LIMITED
Address SHOP NO.3-4,JAIDEEP EMPHASIS,OPP.ORIENTAL BANK OF COMMERCE,WAGLE ESTATE,THANE,(WEST)-400604
State MAHARASHTRA
District THANE
Branch WAGLE ESTATE THANE WEST
IFSC Code SRCB0000451
Branch Code 000451 (Last six characters of IFSC code represent Branch code.)
MICR Code 400088140
Contact Phone 25837761
via https://bankingzone.in/ifsc

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