IFSC Code of Shivalik Small Finance Bank Limited, Khargone, Khargone, Madhya Pradesh — SMCB0001022

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Shivalik Small Finance Bank Limited for its Khargone branch in Khargone, Khargone, Madhya Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Shivalik Small Finance Bank Limited located in Khargone or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code SMCB0001022. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Shivalik Small Finance Bank Limited, Khargone, Khargone

Here are the main details that are associated with the IFSC Code SMCB0001022 of Shivalik Small Finance Bank Limited for its branch located in Khargone, within the district of Khargone in the state of Madhya Pradesh.

These details help users in online banking and for businesses and individuals who use Shivalik Small Finance Bank Limited in Khargone for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SMCB0001022 for the Khargone branch of Shivalik Small Finance Bank Limited has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Shivalik Small Finance Bank Limited located in Khargone, Khargone, Madhya Pradesh, are given a unique IFSC like SMCB0001022 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Khargone.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Khargone and Khargone.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Shivalik Small Finance Bank Limited in Khargone goes to the correct branch. This is important because Shivalik Small Finance Bank Limited has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SMCB0001022

The format of the IFSC Code for banks, including Shivalik Small Finance Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): Show the bank code. For Shivalik Small Finance Bank Limited, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Khargone in Khargone.

For example, the IFSC Code SMCB0001022 of Shivalik Small Finance Bank Limited for the Khargone branch includes these elements, identifying the bank and the branch location in Khargone and Madhya Pradesh accurately.

How to Find IFSC Code for Shivalik Small Finance Bank Limited?

If you are trying to find the IFSC Code SMCB0001022 of Shivalik Small Finance Bank Limited for its Khargone branch located in Khargone, the following methods can help:

Cheque Book

The cheque book issued by Shivalik Small Finance Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Shivalik Small Finance Bank Limited branches in Khargone and Khargone, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Shivalik Small Finance Bank Limited and navigate to the branch locator section. Search for Khargone or Khargone to get the exact IFSC Code SMCB0001022.

Mobile Banking App

If you use Shivalik Small Finance Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Shivalik Small Finance Bank Limited and Khargone, you'll get the correct details.

How to Use IFSC Code SMCB0001022 for Online Transfers?

If you have the IFSC Code SMCB0001022 for the Khargone branch of Shivalik Small Finance Bank Limited in Khargone, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SMCB0001022. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Shivalik Small Finance Bank Limited IFSC Code SMCB0001022.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Shivalik Small Finance Bank Limited Khargone in Khargone, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Shivalik Small Finance Bank Limited in Khargone, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Shivalik Small Finance Bank Limited website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Khargone manage online transfers as well as cheque clearances with ease.