Below are the complete branch details for Saraswat Cooperative Bank Limited, RAIPUR branch, located in RAIPUR, CHHATTISGARH. The IFSC assigned by the Reserve Bank of India to this branch is SRCB0000543. 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 SRCB0000543 for Saraswat Cooperative Bank Limited – RAIPUR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
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, SRCB0000543 is the IFSC of Saraswat Cooperative Bank Limited's RAIPUR branch. The format is fixed: SRCB = bank code, 0 = reserved, 000543 = branch identifier.
Branch details at a glance
| Bank Name | Saraswat Cooperative Bank Limited |
|---|---|
| Branch | Raipur |
| IFSC Code | SRCB0000543 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND,FIRST,SECOND AND THIRD FLOOR,PLOT NO HIG C 3 SECTOR 1 BEHIND HDFC BANK, DEVENDRA NAGAR,CHHATISGARH-429009 |
| City | Raipur |
| District | Raipur |
| State | Chhattisgarh |
| STD Code | 0 |
| Phone | 8652227307 |
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 Raipur branch in Raipur, Chhattisgarh is part of this network and uses the IFSC code SRCB0000543 for all electronic settlement.
Raipur branch overview
Located at GROUND,FIRST,SECOND AND THIRD FLOOR,PLOT NO HIG C 3 SECTOR 1 BEHIND HDFC BANK, DEVENDRA NAGAR,CHHATISGARH-429009, the Raipur branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SRCB0000543 is required for all interbank electronic transfers routed through this branch.
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 RAIPUR branch came to be assigned the code SRCB0000543.
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 SRCB0000543, money simply cannot be routed to the RAIPUR branch electronically.
How to transfer money using IFSC SRCB0000543
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 SRCB0000543 across all three.
How to use IFSC SRCB0000543 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Saraswat Cooperative Bank Limited's RAIPUR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC SRCB0000543.
- Confirm the bank name auto-populates as Saraswat Cooperative Bank Limited and the branch as RAIPUR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC SRCB0000543
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Saraswat Cooperative Bank Limited – RAIPUR, ensure your bank's portal accepts IFSC SRCB0000543 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Saraswat Cooperative Bank Limited – RAIPUR, use IMPS. With IFSC SRCB0000543 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SRCB0000543 for Saraswat Cooperative Bank Limited – RAIPUR, 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 – SRCB0000543 | Yes – SRCB0000543 | Yes – SRCB0000543 |
For most retail customers crediting the Raipur 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 SRCB0000543
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 – RAIPUR is still mapped to IFSC SRCB0000543. 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 SRCB0000543 and the beneficiary's account number to complete the transfer.
Account types you can open at the Raipur branch
Once you have an account at Saraswat Cooperative Bank Limited – RAIPUR, the IFSC SRCB0000543 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.
Banking services available
The Raipur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 8652227307.
- 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 SRCB0000543
MICR & cheque-truncation details
Cheques drawn on the Raipur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SRCB0000543 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Online banking and IFSC SRCB0000543
Saraswat Cooperative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the RAIPUR 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 SRCB0000543 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.
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 – RAIPUR:
- The IFSC is exactly SRCB0000543 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 RAIPUR 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.
Reaching the branch
The Raipur branch sits at GROUND,FIRST,SECOND AND THIRD FLOOR,PLOT NO HIG C 3 SECTOR 1 BEHIND HDFC BANK, DEVENDRA NAGAR,CHHATISGARH-429009. If you are travelling from outside Raipur, search for the branch on a maps application using the bank name and locality, or call 8652227307 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 SRCB0000543 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC SRCB0000543 for Saraswat Cooperative Bank Limited – RAIPUR, 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.
Working hours
Branch counters at Raipur 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 SRCB0000543 continue to work without interruption.
Branch address & contact
Saraswat Cooperative Bank LimitedRaipur Branch
GROUND,FIRST,SECOND AND THIRD FLOOR,PLOT NO HIG C 3 SECTOR 1 BEHIND HDFC BANK, DEVENDRA NAGAR,CHHATISGARH-429009
Raipur, Chhattisgarh
Phone: 8652227307
IFSC: SRCB0000543
Frequently asked questions
How quickly will an NEFT transfer using SRCB0000543 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Saraswat Cooperative Bank Limited – Raipur reflect within 30 minutes.
Is IFSC SRCB0000543 valid for NEFT and RTGS?
Yes. IFSC SRCB0000543 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How do I add Saraswat Cooperative Bank Limited Raipur as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SRCB0000543, and complete OTP verification. Once activated, you can transfer funds at any time.
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 Raipur branch but serve different purposes.
What is the phone number of Saraswat Cooperative Bank Limited Raipur branch?
You can reach the branch at 8652227307 during regular banking hours.
Can I use IFSC SRCB0000543 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SRCB0000543 to send funds instantly.
Is IFSC SRCB0000543 the same for all accounts at Raipur branch?
Yes. The IFSC SRCB0000543 is shared by every account held at Saraswat Cooperative Bank Limited's Raipur branch. Only the account number changes from customer to customer.
What is the IFSC code of Saraswat Cooperative Bank Limited Raipur branch?
The IFSC code of Saraswat Cooperative Bank Limited, Raipur branch is SRCB0000543. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
Summary
The IFSC code SRCB0000543 belongs to Saraswat Cooperative Bank Limited's RAIPUR branch, located at GROUND,FIRST,SECOND AND THIRD FLOOR,PLOT NO HIG C 3 SECTOR 1 BEHIND HDFC BANK,… in RAIPUR, CHHATTISGARH. 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.
