Use this page as a one-stop reference for everything related to Saraswat Cooperative Bank Limited's MALLESHWARAM branch in BANGALORE, KARNATAKA. The branch's IFSC code SRCB0000321 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.
For Saraswat Cooperative Bank Limited's MALLESHWARAM branch, the IFSC SRCB0000321 breaks down as follows: SRCB identifies the bank, 0 is the reserved character, and 000321 identifies this particular branch.
Branch details at a glance
| Bank Name | Saraswat Cooperative Bank Limited |
|---|---|
| Branch | Malleshwaram |
| IFSC Code | SRCB0000321 |
| MICR Code | Refer to cheque leaf |
| Branch Address | 52/2, 8TH MAIN, 16TH CROSS, MALLESHWARAM, BENGALURU 560 055 |
| City | Bangalore |
| District | Bangalore Urban |
| State | Karnataka |
| STD Code | 80 |
| Phone | 2346656 |
Bank profile
Saraswat Cooperative Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Malleshwaram branch — IFSC SRCB0000321 — extends the bank's services to customers in and around Bangalore, Karnataka.
About this branch
The branch is located at 52/2, 8TH MAIN, 16TH CROSS, MALLESHWARAM, BENGALURU 560 055. It serves the Bangalore region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Saraswat Cooperative Bank Limited. The IFSC SRCB0000321 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Saraswat Cooperative Bank Limited's MALLESHWARAM branch came to be assigned the code SRCB0000321.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC SRCB0000321, money simply cannot be routed to the MALLESHWARAM branch electronically.
How to transfer money using IFSC SRCB0000321
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SRCB0000321 across all three.
NEFT to Saraswat Cooperative Bank Limited, MALLESHWARAM using IFSC SRCB0000321
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SRCB0000321, and confirm that the system picks up Saraswat Cooperative Bank Limited – MALLESHWARAM. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MALLESHWARAM
If you need to transfer ₹2 lakh or more in one go to an account at Saraswat Cooperative Bank Limited's MALLESHWARAM branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SRCB0000321 while initiating the transfer and the credit will appear within minutes.
IMPS to Saraswat Cooperative Bank Limited MALLESHWARAM (IFSC SRCB0000321)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SRCB0000321 in your mobile or internet banking app, and the money is credited to the MALLESHWARAM branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SRCB0000321 for Saraswat Cooperative Bank Limited – MALLESHWARAM, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – SRCB0000321 | Yes – SRCB0000321 | Yes – SRCB0000321 |
For most retail customers crediting the Malleshwaram branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
UPI payments and IFSC SRCB0000321
UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Saraswat Cooperative Bank Limited – MALLESHWARAM is still mapped to IFSC SRCB0000321. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.
If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SRCB0000321 and the beneficiary's account number to complete the transfer.
Account types you can open at the Malleshwaram branch
Once you have an account at Saraswat Cooperative Bank Limited – MALLESHWARAM, the IFSC SRCB0000321 stays the same regardless of the type of account you hold. The branch typically supports the following options:
- Savings account — for individuals, with chequebook, ATM card and net-banking access.
- Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
- Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
- NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
- Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
- Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
- Minor and student accounts — operated jointly with a guardian until the customer turns 18.
Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.
Products and services
Customers walking into the Malleshwaram branch can access most of Saraswat Cooperative Bank Limited's standard product suite, including:
- Account opening – savings, current, NRI, salary
- Term deposits and recurring deposits
- Retail and small-business loans
- Insurance and mutual-fund tie-ups
- Locker, safe deposit and ATM card services
- Online and mobile banking activation
- Electronic transfers via IFSC SRCB0000321
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Saraswat Cooperative Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SRCB0000321 and the account number together uniquely identify the Malleshwaram branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Malleshwaram branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SRCB0000321 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.
Common mistakes to avoid when using IFSC SRCB0000321
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Saraswat Cooperative Bank Limited – MALLESHWARAM, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
SRCB0000321. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Reaching the branch
The Malleshwaram branch sits at 52/2, 8TH MAIN, 16TH CROSS, MALLESHWARAM, BENGALURU 560 055. If you are travelling from outside Bangalore, search for the branch on a maps application using the bank name and locality, or call 80-2346656 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC SRCB0000321 and your account number.
Verifying IFSC SRCB0000321 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SRCB0000321 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 80-2346656.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Malleshwaram are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SRCB0000321 continue to work without interruption.
Branch address & contact
Saraswat Cooperative Bank LimitedMalleshwaram Branch
52/2, 8TH MAIN, 16TH CROSS, MALLESHWARAM, BENGALURU 560 055
Bangalore, Karnataka
Phone: 80-2346656
IFSC: SRCB0000321
Frequently asked questions
How do I add Saraswat Cooperative Bank Limited Malleshwaram as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SRCB0000321, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC SRCB0000321 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SRCB0000321 to send funds instantly.
Where is Saraswat Cooperative Bank Limited Malleshwaram branch located?
Saraswat Cooperative Bank Limited's Malleshwaram branch is located at 52/2, 8TH MAIN, 16TH CROSS, MALLESHWARAM, BENGALURU 560 055, Bangalore, Karnataka.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Malleshwaram branch but serve different purposes.
What is the IFSC code of Saraswat Cooperative Bank Limited Malleshwaram branch?
The IFSC code of Saraswat Cooperative Bank Limited, Malleshwaram branch is SRCB0000321. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
What is the phone number of Saraswat Cooperative Bank Limited Malleshwaram branch?
You can reach the branch at 80-2346656 during regular banking hours.
Is IFSC SRCB0000321 valid for NEFT and RTGS?
Yes. IFSC SRCB0000321 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Is IFSC SRCB0000321 the same for all accounts at Malleshwaram branch?
Yes. The IFSC SRCB0000321 is shared by every account held at Saraswat Cooperative Bank Limited's Malleshwaram branch. Only the account number changes from customer to customer.
Summary
The IFSC code SRCB0000321 belongs to Saraswat Cooperative Bank Limited's MALLESHWARAM branch, located at 52/2, 8TH MAIN, 16TH CROSS, MALLESHWARAM, BENGALURU 560 055 in BANGALORE, KARNATAKA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
