Saraswat Co-operative Bank I. C. COLONY, BORIVALI Branch IFSC Code, Address & Phone - GREATER BOMBAY, MAHARASHTRA | IFSCTeam Skip to Main Content
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Saraswat Co-operative Bank
I. C. COLONY, BORIVALI Branch
RBI Sourced

Official branch credentials for Saraswat Co-operative Bank located in GREATER BOMBAY, MAHARASHTRA.

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Nikky Dhale
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SRCB0000247
Institutional Data Node

Banking Data Matrix

MICR Code
400088116
Used for cheque clearing at RBI
BSR Code
211482
Required for TDS & IT return filings
Branch Code
000247
Unique to I. C. COLONY, BORIVALI in GREATER BOMBAY
Swift Code (Intl)
SRCBINBB247
For international wire transfers
Node Status
Verified
Bank Identifier
SRCB
Identifies Saraswat Co-operative Bank across India
Branch Contact
+912228920699
Call for branch-specific banking queries
PIN Code
400103
Postal Index Number
Trust Score RBI Sourced

80/100

Verified Safe

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UPI
UPI Transfers
NEFT
NEFT Clearance
RTGS
RTGS (₹2L+)
IMPS
IMPS (Instant)
This branch supports all three RBI-regulated electronic payment systems: NEFT (half-hourly batch settlements, available 24×7 including holidays), RTGS (real-time gross settlement for amounts above ₹2,00,000), IMPS (instant transfers up to ₹5,00,000, available 24×7×365). UPI is also enabled for instant small-value payments.

Standard RBI working hours for scheduled commercial bank branches — shown as general guidance. Actual timings at this branch may differ.

Monday - Friday 10:00 AM - 4:00 PM
1st & 3rd Saturday 10:00 AM - 4:00 PM
2nd & 4th Saturday Closed
* These are typical hours only — Sundays and public holidays are closed, and individual branches set their own timings. Please confirm with the branch before visiting. Digital banking (ATM, UPI, net banking, mobile app) is available 24×7.

"RUBY CO-OPERATIVE HSG. SOC. LTD., HOLY CROSS ROAD, I. C. COLONY, BORIVALI (WEST), MUMBAI 400 103"

📍 District: MUMBAI 📮 PIN: 400103
Get Directions → Find Nearby ATM
Practical Guide

How to Use IFSC Code SRCB0000247

Follow these step-by-step instructions to use the IFSC code SRCB0000247 for sending money to Saraswat Co-operative Bank I. C. COLONY, BORIVALI branch.

NEFT

Send via NEFT

  1. Log into your Internet Banking or Mobile Banking app
  2. Go to Fund Transfer → Add Beneficiary
  3. Enter beneficiary name and account number at Saraswat Co-operative Bank
  4. Enter IFSC Code: SRCB0000247
  5. Select NEFT as transfer mode, enter amount, and confirm
  6. Money reaches within 30 minutes to 2 hours (processed in batches)
RTGS

Send via RTGS (₹2 Lakh+)

  1. Open your bank's net banking portal or mobile app
  2. Navigate to Fund Transfer → RTGS
  3. Add beneficiary with account number + IFSC: SRCB0000247
  4. Minimum transfer amount: ₹2,00,000
  5. Money is credited instantly in real-time (24x7 available)
IMPS

Send via IMPS (Instant)

  1. Open your mobile banking app
  2. Select IMPS Transfer
  3. Enter beneficiary details with IFSC: SRCB0000247
  4. Maximum limit: ₹5,00,000 per transaction
  5. Transfer completes within seconds — available 24x7x365
Safety Tips for Using IFSC SRCB0000247
  • Always double-check the IFSC code before confirming any transfer
  • Cross-verify with your passbook or cheque book issued by Saraswat Co-operative Bank
  • For first-time transfers, send a small test amount (₹1-₹10) first
  • Never share your OTP, PIN, or password with anyone claiming to be from Saraswat Co-operative Bank

About Saraswat Co-operative Bank I. C. COLONY, BORIVALI

Saraswat Co-operative Bank I. C. COLONY, BORIVALI is a verified banking branch listed in the Reserve Bank of India's IFSC master directory. The verification timestamp is not yet recorded for this branch. A confidence score has not yet been assigned to this record.

The IFSC code SRCB0000247 is decoded as: bank identifier SRCB (Saraswat Co-operative Bank) and branch code 000247, which uniquely identifies this I. C. COLONY, BORIVALI location. This branch reports MICR 400088116 (used for cheque clearing), BSR 211482 (required for TDS and income tax filings), SWIFT SRCBINBB247 (for international wire transfers). Supported payment rails: NEFT (half-hourly batch settlements); RTGS (real-time for amounts above ₹2 lakh); IMPS (instant, 24×7, up to ₹5 lakh). All electronic transactions are settled through the NPCI and regulated by the RBI.

The registered address is RUBY CO-OPERATIVE HSG. SOC. LTD., HOLY CROSS ROAD, I. C. COLONY, BORIVALI (WEST), MUMBAI 400 103 in MUMBAI district, GREATER BOMBAY, MAHARASHTRA (PIN: 400103). For branch-specific queries, call +912228920699. As with all scheduled commercial bank branches in India, deposits up to ₹5,00,000 per account holder are insured under the DICGC framework.

Knowledge Base

Frequently Asked Questions

Everything you need to know about Saraswat Co-operative Bank I. C. COLONY, BORIVALI branch in GREATER BOMBAY.

What is the IFSC code of Saraswat Co-operative Bank I. C. COLONY, BORIVALI branch?
The IFSC code of Saraswat Co-operative Bank I. C. COLONY, BORIVALI branch in GREATER BOMBAY, MAHARASHTRA is SRCB0000247. This 11-character alphanumeric code is assigned by the RBI to uniquely identify this branch during digital fund settlements like NEFT, RTGS, IMPS, and UPI transfers. The first 4 characters identify the bank name, the 5th character is '0' (control character), and the last 6 digits represent the branch code.
Where is Saraswat Co-operative Bank I. C. COLONY, BORIVALI located and how can I contact them?
The branch is physically located at: RUBY CO-OPERATIVE HSG. SOC. LTD., HOLY CROSS ROAD, I. C. COLONY, BORIVALI (WEST), MUMBAI 400 103, GREATER BOMBAY, MAHARASHTRA - 400103. You can reach the branch customer desk directly at +912228920699 for operational or account assistance.
What is the MICR code of Saraswat Co-operative Bank I. C. COLONY, BORIVALI and how is it used?
The MICR code of Saraswat Co-operative Bank I. C. COLONY, BORIVALI is 400088116. MICR stands for Magnetic Ink Character Recognition and is a 9-digit numeric code. It is printed at the bottom of the cheque book leaves and is used solely by clearing houses to automate physical cheque clearing through the Cheque Truncation System (CTS).
What are the working hours and holiday schedule for Saraswat Co-operative Bank I. C. COLONY, BORIVALI?
The branch operates Monday to Friday from 10:00 AM to 4:00 PM. It is open on the **1st and 3rd Saturdays** of each month and closed on the **2nd and 4th Saturdays**, Sundays, and all national or state holidays declared by the RBI. Digital banking operations are available 24/7.
Editorial Resources

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IMPS vs NEFT vs RTGS UPI Complete Guide Banking Security Tips IFSC Importance Guide MICR Codes Explained Net Banking Activation All Guides →
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