Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Shivalik Small Finance Bank Limited for its Hakikat Nagar branch in Saharanpur, Saharanpur, Uttar Pradesh, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Shivalik Small Finance Bank Limited located in Saharanpur or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code SMCB0001003. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Shivalik Small Finance Bank Limited, Hakikat Nagar, Saharanpur
Below in the table are the key details related to IFSC Code SMCB0001003 of Shivalik Small Finance Bank Limited for its branch located in Saharanpur, within the district of Saharanpur in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Shivalik Small Finance Bank Limited |
| IFSC Code | SMCB0001003 |
| Branch | Hakikat Nagar |
| City | Saharanpur |
| District | Saharanpur |
| State | Uttar Pradesh |
| Address | Bhagat Singh Colony, Near Old Sales Tax Office,Hakikat Nagar,Saharanpur 247001 Up |
These details are crucial, not just for online banking users but also for businesses and individuals who use Shivalik Small Finance Bank Limited in Saharanpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SMCB0001003 for the Hakikat Nagar branch of Shivalik Small Finance Bank Limited has an 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, including Shivalik Small Finance Bank Limited located in Hakikat Nagar, Saharanpur, Uttar Pradesh, is provided with a unique IFSC like SMCB0001003 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 Saharanpur.
- 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 Saharanpur and Saharanpur.
- 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 Hakikat Nagar do not get mixed with another location.
Format of the IFSC Code SMCB0001003
The format of the IFSC Code for banks, including Shivalik Small Finance Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Shivalik Small Finance Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Hakikat Nagar in Saharanpur.
For example, the IFSC Code SMCB0001003 of Shivalik Small Finance Bank Limited for the Hakikat Nagar branch includes these elements, identifying the bank and the branch location in Saharanpur and Uttar Pradesh accurately.
How to Find IFSC Code for Shivalik Small Finance Bank Limited?
If you are trying to find the IFSC Code SMCB0001003 of Shivalik Small Finance Bank Limited for its Hakikat Nagar branch located in Saharanpur, 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 Saharanpur and Saharanpur, 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 Hakikat Nagar or Saharanpur to get the exact IFSC Code SMCB0001003.
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 Saharanpur, you'll get the correct details.
How to Use IFSC Code SMCB0001003 for Online Transfers?
If you have the IFSC Code SMCB0001003 for the Hakikat Nagar branch of Shivalik Small Finance Bank Limited in Saharanpur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SMCB0001003. 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 SMCB0001003.
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 Hakikat Nagar in Saharanpur, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Shivalik Small Finance Bank Limited in Hakikat Nagar, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Saharanpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Hakikat Nagar Saharanpur branch is SMCB0001003.
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 Bhagat Singh Colony, Near Old Sales Tax Office,Hakikat Nagar,Saharanpur 247001 Up.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.