Below are the complete branch details for Saraswat Cooperative Bank Limited, MAPUSA branch, located in MAPUSA, GOA. The IFSC assigned by the Reserve Bank of India to this branch is SRCB0000094. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SRCB0000094 for Saraswat Cooperative Bank Limited – MAPUSA — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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 MAPUSA branch, the IFSC SRCB0000094 breaks down as follows: SRCB identifies the bank, 0 is the reserved character, and 000094 identifies this particular branch.
About the bank
Saraswat Cooperative Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Mapusa branch in Mapusa, Goa is part of this network and uses the IFSC code SRCB0000094 for all electronic settlement.
About this branch
The branch is located at JESSMA BUSINESS CENTRE,OPP. MAYURA HOTEL, MOROD,MAPUSA, GOA. It serves the Mapusa 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 SRCB0000094 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | Saraswat Cooperative Bank Limited |
|---|---|
| Branch | Mapusa |
| IFSC Code | SRCB0000094 |
| MICR Code | Refer to cheque leaf |
| Branch Address | JESSMA BUSINESS CENTRE,OPP. MAYURA HOTEL, MOROD,MAPUSA, GOA |
| City | Mapusa |
| District | North Goa |
| State | Goa |
| STD Code | 832 |
| Phone | 2264064 |
Why every Saraswat Cooperative Bank Limited branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including MAPUSA of Saraswat Cooperative Bank Limited — its own 11-character IFSC. The code SRCB0000094 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SRCB0000094 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Mapusa branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SRCB0000094 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC SRCB0000094
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 SRCB0000094 across all three.
NEFT to Saraswat Cooperative Bank Limited, MAPUSA using IFSC SRCB0000094
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 SRCB0000094, and confirm that the system picks up Saraswat Cooperative Bank Limited – MAPUSA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to MAPUSA
If you need to transfer ₹2 lakh or more in one go to an account at Saraswat Cooperative Bank Limited's MAPUSA branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SRCB0000094 while initiating the transfer and the credit will appear within minutes.
IMPS to Saraswat Cooperative Bank Limited MAPUSA (IFSC SRCB0000094)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SRCB0000094 in your mobile or internet banking app, and the money is credited to the MAPUSA branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Mapusa
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC SRCB0000094:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at MAPUSA is still linked to IFSC SRCB0000094.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Saraswat Cooperative Bank Limited's MAPUSA branch, the IFSC SRCB0000094 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Mapusa branch is mapped to IFSC SRCB0000094 on the RBI payments network. The branch generally supports the full retail product catalogue of Saraswat Cooperative Bank Limited, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains SRCB0000094.
Banking services available
The Mapusa branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 832-2264064.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC SRCB0000094
Online banking and IFSC SRCB0000094
Saraswat Cooperative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the MAPUSA branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SRCB0000094 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
How to reach the Mapusa branch
The branch is located at JESSMA BUSINESS CENTRE,OPP. MAYURA HOTEL, MOROD,MAPUSA, GOA, which puts it inside Mapusa, the broader North Goa district, and the state of Goa. To plan your visit:
- Open Google Maps on your phone and search for “Saraswat Cooperative Bank Limited Mapusa branch” — the verified location pin for IFSC SRCB0000094 should appear at the top of the results.
- Confirm the branch is open by calling 832-2264064 before stepping out, especially around public holidays.
- Carry photo ID and any account-related documents you may need for the transaction you plan to do.
Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SRCB0000094 and your account number.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Saraswat Cooperative Bank Limited – MAPUSA:
- The IFSC is exactly SRCB0000094 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Saraswat Cooperative Bank Limited as the bank name and MAPUSA as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Mapusa branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SRCB0000094, however, work 24x7.
Verifying IFSC SRCB0000094 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 SRCB0000094 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 832-2264064.
- Visiting the bank's official branch locator page.
Branch address & contact
Saraswat Cooperative Bank LimitedMapusa Branch
JESSMA BUSINESS CENTRE,OPP. MAYURA HOTEL, MOROD,MAPUSA, GOA
Mapusa, Goa
Phone: 832-2264064
IFSC: SRCB0000094
Frequently asked questions
What is the phone number of Saraswat Cooperative Bank Limited Mapusa branch?
You can reach the branch at 832-2264064 during regular banking hours.
Can I use IFSC SRCB0000094 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SRCB0000094 to send funds instantly.
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 Mapusa branch but serve different purposes.
How do I add Saraswat Cooperative Bank Limited Mapusa as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SRCB0000094, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC SRCB0000094 valid for NEFT and RTGS?
Yes. IFSC SRCB0000094 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is Saraswat Cooperative Bank Limited Mapusa branch located?
Saraswat Cooperative Bank Limited's Mapusa branch is located at JESSMA BUSINESS CENTRE,OPP. MAYURA HOTEL, MOROD,MAPUSA, GOA, Mapusa, Goa.
Is IFSC SRCB0000094 the same for all accounts at Mapusa branch?
Yes. The IFSC SRCB0000094 is shared by every account held at Saraswat Cooperative Bank Limited's Mapusa branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using SRCB0000094 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Saraswat Cooperative Bank Limited – Mapusa reflect within 30 minutes.
Summary
The IFSC code SRCB0000094 belongs to Saraswat Cooperative Bank Limited's MAPUSA branch, located at JESSMA BUSINESS CENTRE,OPP. MAYURA HOTEL, MOROD,MAPUSA, GOA in MAPUSA, GOA. 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.
