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 Shri Veershaiv Co Op Bank Ltd for its Kalamba,Kolhapur branch in Kolhapur, Kolhapur, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Shri Veershaiv Co Op Bank Ltd located in Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVSH0000025. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Shri Veershaiv Co Op Bank Ltd, Kalamba,Kolhapur, Kolhapur
Here are the key points that are associated with the IFSC Code SVSH0000025 of Shri Veershaiv Co Op Bank Ltd for its branch located in Kolhapur, within the district of Kolhapur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Shri Veershaiv Co Op Bank Ltd |
| IFSC Code | SVSH0000025 |
| Branch | Kalamba,Kolhapur |
| City | Kolhapur |
| District | Kolhapur |
| State | Maharashtra |
| Address | 1031/1,Near Sai Mandir,Main Road Kalamba,Kolhapur-416007 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Shri Veershaiv Co Op Bank Ltd in Kolhapur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVSH0000025 for the Kalamba,Kolhapur branch of Shri Veershaiv Co Op Bank Ltd has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Shri Veershaiv Co Op Bank Ltd located in Kalamba,Kolhapur, Kolhapur, Maharashtra, is provided a unique IFSC like SVSH0000025 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Shri Veershaiv Co Op Bank Ltd branch in Kolhapur.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Kolhapur and Kolhapur.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Shri Veershaiv Co Op Bank Ltd in Kalamba,Kolhapur do not get misguided to another person.
Format of the IFSC Code SVSH0000025
The format of the IFSC Code for banks, including Shri Veershaiv Co Op Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Shri Veershaiv Co Op Bank Ltd, 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 Kalamba,Kolhapur in Kolhapur.
For example, the IFSC Code SVSH0000025 of Shri Veershaiv Co Op Bank Ltd for the Kalamba,Kolhapur branch includes these elements, identifying the bank and the branch location in Kolhapur and Maharashtra accurately.
How to Find IFSC Code for Shri Veershaiv Co Op Bank Ltd?
To find the IFSC Code SVSH0000025 of Shri Veershaiv Co Op Bank Ltd for its Kalamba,Kolhapur branch located in Kolhapur, the following methods can help you out:
Cheque Book
The cheque book issued by Shri Veershaiv Co Op Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Shri Veershaiv Co Op Bank Ltd branches in Kolhapur and Kolhapur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Shri Veershaiv Co Op Bank Ltd and go to the branch locator section. Then search for Kalamba,Kolhapur or Kolhapur to find the exact IFSC Code SVSH0000025.
Mobile Banking App
If you use Shri Veershaiv Co Op Bank Ltd's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Shri Veershaiv Co Op Bank Ltd and Kolhapur will provide accurate information.
How to Use IFSC Code SVSH0000025 for Online Transfers?
Once you have the IFSC Code SVSH0000025 for the Kalamba,Kolhapur branch of Shri Veershaiv Co Op Bank Ltd in Kolhapur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SVSH0000025. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Shri Veershaiv Co Op Bank Ltd IFSC Code SVSH0000025.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Shri Veershaiv Co Op Bank Ltd Kalamba,Kolhapur in Kolhapur, it can 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 Shri Veershaiv Co Op Bank Ltd in Kalamba,Kolhapur, 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 Shri Veershaiv Co Op Bank Ltd website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Kolhapur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SVSH0000025.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is 1031/1,Near Sai Mandir,Main Road Kalamba,Kolhapur-416007 located in Kolhapur, Kolhapur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.