SARASWAT COOPERATIVE BANK LIMITEDVerified Feb 2026

SARASWAT COOPERATIVE BANK LIMITED IFSC Code – MANNAGUDDA, MANGALORE

Complete bank details including IFSC code, MICR code, address and payment facilities for MANNAGUDDA branch.

IFSC Code
SRCB0000242

Bank Details

Bank NameSARASWAT COOPERATIVE BANK LIMITED
Branch NameMANNAGUDDA
IFSC CodeSRCB0000242
MICR Code575088004
AddressDURGA APARTMENTS, GROUND FLOOR, MANNAGUDDA, MANGALORE-575003
CityMANGALORE
DistrictDAKSHIN KANNAD
StateKARNATAKA
Contact2452160

Payment Facilities

NEFT
Available
RTGS
Available
IMPS
Available
UPI
Available

About IFSC Code SRCB0000242

The IFSC code SRCB0000242 uniquely identifies the MANNAGUDDA branch of SARASWAT COOPERATIVE BANK LIMITED located in MANGALORE, KARNATAKA. This 11-character alphanumeric code is essential for all electronic fund transfers in India including NEFT, RTGS, IMPS, and UPI transactions.

Understanding IFSC Code SRCB0000242

  • First 4 characters (SRCB) – Represents SARASWAT COOPERATIVE BANK LIMITED bank code assigned by RBI
  • 5th character (0) – Reserved for future use (always 0)
  • Last 6 characters (000242) – Unique branch identifier for MANNAGUDDA

How to Use IFSC Code SRCB0000242

To transfer money to any account at SARASWAT COOPERATIVE BANK LIMITED MANNAGUDDA branch, you will need to provide the IFSC code SRCB0000242 along with the beneficiary's account number. This code ensures your money reaches the correct branch securely.

Transfer Methods Available at MANNAGUDDA

  • NEFT (National Electronic Funds Transfer) – Settled in batches, available 24x7 on all days
  • RTGS (Real Time Gross Settlement) – For high-value transactions (₹2 lakh and above), real-time transfer
  • IMPS (Immediate Payment Service) – Instant transfer up to ₹5 lakh, available 24x7
  • UPI (Unified Payments Interface) – Instant mobile payments using VPA/UPI ID

About SARASWAT COOPERATIVE BANK LIMITED MANNAGUDDA Branch

SARASWAT COOPERATIVE BANK LIMITED MANNAGUDDA is a branch of SARASWAT COOPERATIVE BANK LIMITED located in MANGALORE, KARNATAKA. The branch provides comprehensive banking services to customers in MANGALORE and surrounding areas.

Branch Address

DURGA APARTMENTS, GROUND FLOOR, MANNAGUDDA, MANGALORE-575003, MANGALORE, KARNATAKA

Services Available

This branch offers various banking services including savings accounts, current accounts, fixed deposits, recurring deposits, loans, locker facilities, and digital banking services. Customers can also avail services like demand drafts, pay orders, and foreign exchange (subject to branch authorization).

MICR Code Information

The MICR (Magnetic Ink Character Recognition) code for this branch is 575088004. MICR code is a 9-digit code used for cheque clearing and identifies the bank, branch, and city. It is printed on cheques using magnetic ink for machine reading.

Important Information

Transfer Timings

  • NEFT: 24x7, 365 days (Settled in half-hourly batches)
  • RTGS: 24x7, 365 days (Real-time for ₹2L+)
  • IMPS: 24x7, 365 days (Instant)
  • UPI: 24x7, 365 days (Instant)

Verification Tips

  • Always verify IFSC code before transferring money
  • Cross-check with bank passbook or cheque book
  • IFSC codes may change after bank mergers
  • Contact branch for latest information

Frequently Asked Questions

What is the IFSC code of SARASWAT COOPERATIVE BANK LIMITED MANNAGUDDA?

The IFSC code of SARASWAT COOPERATIVE BANK LIMITED MANNAGUDDA branch in MANGALORE is SRCB0000242.

What is the MICR code of SARASWAT COOPERATIVE BANK LIMITED MANNAGUDDA?

The MICR code of SARASWAT COOPERATIVE BANK LIMITED MANNAGUDDA branch is 575088004.

What is the address of SARASWAT COOPERATIVE BANK LIMITED MANNAGUDDA?

SARASWAT COOPERATIVE BANK LIMITED MANNAGUDDA branch is located at DURGA APARTMENTS, GROUND FLOOR, MANNAGUDDA, MANGALORE-575003.

Does SARASWAT COOPERATIVE BANK LIMITED MANNAGUDDA support NEFT/RTGS/IMPS?

SARASWAT COOPERATIVE BANK LIMITED MANNAGUDDA branch supports NEFT, RTGS, IMPS, and UPI transactions.