If you are searching for the IFSC code of Saraswat Cooperative Bank Limited, GIRGAUM branch in MUMBAI, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SRCB0000002. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.
You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the GIRGAUM branch, and detailed step-by-step guides for using the IFSC SRCB0000002 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, SRCB0000002 is the IFSC of Saraswat Cooperative Bank Limited's GIRGAUM branch. The format is fixed: SRCB = bank code, 0 = reserved, 000002 = branch identifier.
About Saraswat Cooperative Bank Limited
Saraswat Cooperative Bank Limited operates a wide network of branches across India, including the Girgaum branch in Mumbai. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, SRCB0000002.
Girgaum branch overview
Located at MADHUKOSH, S.V. SOVANI PATH, GIRGAUM, MUMBAI - 400 004., the Girgaum branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SRCB0000002 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | Saraswat Cooperative Bank Limited |
|---|---|
| Branch | Girgaum |
| IFSC Code | SRCB0000002 |
| MICR Code | Refer to cheque leaf |
| Branch Address | MADHUKOSH, S.V. SOVANI PATH, GIRGAUM, MUMBAI - 400 004. |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
| STD Code | 22 |
| Phone | 24671162 |
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 GIRGAUM of Saraswat Cooperative Bank Limited — its own 11-character IFSC. The code SRCB0000002 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 SRCB0000002 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 Girgaum branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SRCB0000002 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 SRCB0000002
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 SRCB0000002 across all three.
NEFT to Saraswat Cooperative Bank Limited, GIRGAUM using IFSC SRCB0000002
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 SRCB0000002, and confirm that the system picks up Saraswat Cooperative Bank Limited – GIRGAUM. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to GIRGAUM
If you need to transfer ₹2 lakh or more in one go to an account at Saraswat Cooperative Bank Limited's GIRGAUM branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SRCB0000002 while initiating the transfer and the credit will appear within minutes.
IMPS to Saraswat Cooperative Bank Limited GIRGAUM (IFSC SRCB0000002)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SRCB0000002 in your mobile or internet banking app, and the money is credited to the GIRGAUM branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SRCB0000002 for Saraswat Cooperative Bank Limited – GIRGAUM, 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 – SRCB0000002 | Yes – SRCB0000002 | Yes – SRCB0000002 |
For most retail customers crediting the Girgaum 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 SRCB0000002
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 – GIRGAUM is still mapped to IFSC SRCB0000002. 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 SRCB0000002 and the beneficiary's account number to complete the transfer.
Products and account variants supported
Every account opened at the Girgaum branch is mapped to IFSC SRCB0000002 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 SRCB0000002.
Products and services
Customers walking into the Girgaum 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 SRCB0000002
Online banking and IFSC SRCB0000002
Saraswat Cooperative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the GIRGAUM 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 SRCB0000002 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.
Reaching the branch
The Girgaum branch sits at MADHUKOSH, S.V. SOVANI PATH, GIRGAUM, MUMBAI - 400 004.. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 22-24671162 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 SRCB0000002 and your account number.
Common mistakes to avoid when using IFSC SRCB0000002
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 – GIRGAUM, 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:
SRCB0000002. - 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.
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 Girgaum branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SRCB0000002, however, work 24x7.
Other ways to verify the IFSC code
While this page already lists the verified IFSC SRCB0000002 for Saraswat Cooperative Bank Limited – GIRGAUM, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch address & contact
Saraswat Cooperative Bank LimitedGirgaum Branch
MADHUKOSH, S.V. SOVANI PATH, GIRGAUM, MUMBAI - 400 004.
Mumbai, Maharashtra
Phone: 22-24671162
IFSC: SRCB0000002
Frequently asked questions
Is IFSC SRCB0000002 valid for NEFT and RTGS?
Yes. IFSC SRCB0000002 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using SRCB0000002 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Saraswat Cooperative Bank Limited – Girgaum reflect within 30 minutes.
Is IFSC SRCB0000002 the same for all accounts at Girgaum branch?
Yes. The IFSC SRCB0000002 is shared by every account held at Saraswat Cooperative Bank Limited's Girgaum branch. Only the account number changes from customer to customer.
Does Saraswat Cooperative Bank Limited Girgaum branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 22-24671162 to confirm.
Can I use IFSC SRCB0000002 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SRCB0000002 to send funds instantly.
What is the phone number of Saraswat Cooperative Bank Limited Girgaum branch?
You can reach the branch at 22-24671162 during regular banking hours.
Summary
The IFSC code SRCB0000002 belongs to Saraswat Cooperative Bank Limited's GIRGAUM branch, located at MADHUKOSH, S.V. SOVANI PATH, GIRGAUM, MUMBAI - 400 004. in MUMBAI, MAHARASHTRA. 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.
