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 Vikas Nagar branch in Lucknow, Lucknow, Uttar 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 Lucknow or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SMCB0001024. 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, Vikas Nagar, Lucknow
The table below shows the main details of the IFSC Code SMCB0001024 for the Shivalik Small Finance Bank Limited branch in Lucknow, which falls under the Lucknow district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Shivalik Small Finance Bank Limited |
| IFSC Code | SMCB0001024 |
| Branch | Vikas Nagar |
| City | Lucknow |
| District | Lucknow |
| State | Uttar Pradesh |
| Address | M/S Asha Roop Apartment, 1/135, Vikas Nagar, Lucknow |
These details are important not only for users using online banking but also for businesses and individuals who use Shivalik Small Finance Bank Limited in Lucknow for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SMCB0001024 for the Vikas Nagar branch of Shivalik Small Finance Bank Limited is vital.
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, including Shivalik Small Finance Bank Limited located in Vikas Nagar, Lucknow, Uttar Pradesh, is provided with a unique IFSC like SMCB0001024 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Shivalik Small Finance Bank Limited branch in Lucknow.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Lucknow and Lucknow.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Uttar Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Shivalik Small Finance Bank Limited in Vikas Nagar do not get mixed with another location.
Format of the IFSC Code SMCB0001024
This is the format of the IFSC Code for banks, including Shivalik Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Shivalik Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Vikas Nagar in Lucknow.
For example, the IFSC Code SMCB0001024 of Shivalik Small Finance Bank Limited for the Vikas Nagar branch includes these elements, identifying the bank and the branch location in Lucknow and Uttar Pradesh accurately.
How to Find IFSC Code for Shivalik Small Finance Bank Limited?
If you are trying to find the IFSC Code SMCB0001024 of Shivalik Small Finance Bank Limited for its Vikas Nagar branch located in Lucknow, 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 Lucknow and Lucknow, 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 Vikas Nagar or Lucknow to get the exact IFSC Code SMCB0001024.
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 Lucknow, you'll get the correct details.
How to Use IFSC Code SMCB0001024 for Online Transfers?
Once you have the IFSC Code SMCB0001024 for the Vikas Nagar branch of Shivalik Small Finance Bank Limited in Lucknow, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SMCB0001024. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Shivalik Small Finance Bank Limited IFSC Code SMCB0001024.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Shivalik Small Finance Bank Limited Vikas Nagar in Lucknow, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Shivalik Small Finance Bank Limited in Vikas Nagar, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Shivalik Small Finance Bank Limited website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Lucknow manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Vikas Nagar Lucknow branch is SMCB0001024.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at M/S Asha Roop Apartment, 1/135, Vikas Nagar, Lucknow.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.