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Saraswat Co-operative Bank

BHADRADRI C U BANK MAYURI CENTRE BRANCH

+918742220007

IFSC CODE
SRCB0BCB002
MICR Code 507808003
Branch Code BCB002
City / District KHAMMAM
State TELANGANA
Office Address H NO 11 4 3 NEHRU NAGAR KHAMMAM
Phone +918742220007
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Saraswat Co-operative Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the BHADRADRI C U BANK MAYURI CENTRE branch of Saraswat Co-operative Bank, the code SRCB0BCB002 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the SRCB0BCB002 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"SRCB" represents Saraswat Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for BHADRADRI C U BANK MAYURI CENTRE

Payment Systems Supported by SRCB0BCB002

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—507808003—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Saraswat Co-operative Bank in KHAMMAM typically follows the RBI holiday calendar. Digital transfers via SRCB0BCB002 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While SRCB0BCB002 is the valid code for BHADRADRI C U BANK MAYURI CENTRE at KHAMMAM, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

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  • • Address of Saraswat Co-operative Bank
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Platform Links

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  • • IFSC Finder v2.0

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