There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Shri Veershaiv Co Op Bank Ltd for its Tararani Chowk,Kolhapur branch in Kolhapur, Kolhapur, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Shri Veershaiv Co Op Bank Ltd situated in Kolhapur or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SVSH0000010. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Shri Veershaiv Co Op Bank Ltd, Tararani Chowk,Kolhapur, Kolhapur
Here are the key points that are associated with the IFSC Code SVSH0000010 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 | SVSH0000010 |
| Branch | Tararani Chowk,Kolhapur |
| City | Kolhapur |
| District | Kolhapur |
| State | Maharashtra |
| Address | 517,A/1,E Ward,Tararani Chowk |
These details are essential not only for online banking users but also for businesses and individuals who use Shri Veershaiv Co Op Bank Ltd in Kolhapur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVSH0000010 for the Tararani Chowk,Kolhapur branch of Shri Veershaiv Co Op Bank Ltd plays 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, along with Shri Veershaiv Co Op Bank Ltd located in Tararani Chowk,Kolhapur, Kolhapur, Maharashtra, are given a unique IFSC like SVSH0000010 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kolhapur.
- 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 Kolhapur and Kolhapur.
- 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 Shri Veershaiv Co Op Bank Ltd in Tararani Chowk,Kolhapur goes to the correct branch. This is important because Shri Veershaiv Co Op Bank Ltd has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SVSH0000010
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): These represent the bank code. In Shri Veershaiv Co Op Bank Ltd, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Tararani Chowk,Kolhapur in Kolhapur.
For example, the IFSC Code SVSH0000010 of Shri Veershaiv Co Op Bank Ltd for the Tararani Chowk,Kolhapur branch has these elements, identifying the bank and the branch location in Kolhapur and Maharashtra correctly.
How to Find IFSC Code for Shri Veershaiv Co Op Bank Ltd?
If you are trying to find the IFSC Code SVSH0000010 of Shri Veershaiv Co Op Bank Ltd for its Tararani Chowk,Kolhapur branch located in Kolhapur, the following methods can help:
Cheque Book
The cheque books that are issued by Shri Veershaiv Co Op Bank Ltd include the IFSC Code which is printed on each cheque and 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 find the branch locator section. Search for Tararani Chowk,Kolhapur or Kolhapur to get the exact IFSC Code SVSH0000010.
Mobile Banking App
If you use Shri Veershaiv Co Op Bank Ltd's mobile app, you can easily 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 to help you in searching for Shri Veershaiv Co Op Bank Ltd and Kolhapur that will provide accurate information.
How to Use IFSC Code SVSH0000010 for Online Transfers?
Once you have the IFSC Code SVSH0000010 for the Tararani Chowk,Kolhapur branch of Shri Veershaiv Co Op Bank Ltd in Kolhapur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SVSH0000010. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Shri Veershaiv Co Op Bank Ltd IFSC Code SVSH0000010.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Shri Veershaiv Co Op Bank Ltd Tararani Chowk,Kolhapur in Kolhapur, your payment can get delayed or might not go through at all.
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 Shri Veershaiv Co Op Bank Ltd in Tararani Chowk,Kolhapur, 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 Shri Veershaiv Co Op Bank Ltd website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Kolhapur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Tararani Chowk,Kolhapur Kolhapur branch is SVSH0000010.
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 517,A/1,E Ward,Tararani Chowk.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.