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 Peth Vadgaon branch in Peth Vadgaon, 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 Peth Vadgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVSH0000015. 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, Peth Vadgaon, Peth Vadgaon
Here are some of the key details that come with the IFSC Code SVSH0000015 of Shri Veershaiv Co Op Bank Ltd for its branch located in Peth Vadgaon, within the district of Kolhapur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Shri Veershaiv Co Op Bank Ltd |
| IFSC Code | SVSH0000015 |
| Branch | Peth Vadgaon |
| City | Peth Vadgaon |
| District | Kolhapur |
| State | Maharashtra |
| Address | H No-667,Opp Corporation Build,Tal-Hatkalangale,Kolhapur-416112 |
These details helps users in online banking and for businesses and individuals who use Shri Veershaiv Co Op Bank Ltd in Peth Vadgaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVSH0000015 for the Peth Vadgaon branch of Shri Veershaiv Co Op Bank Ltd plays a vital 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 Peth Vadgaon, Peth Vadgaon, Maharashtra, is provided a unique IFSC like SVSH0000015 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 Peth Vadgaon.
- 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 Peth Vadgaon 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 Peth Vadgaon do not get misguided to another person.
Format of the IFSC Code SVSH0000015
This is the format of the IFSC Code for banks, including Shri Veershaiv Co Op Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Shri Veershaiv Co Op Bank Ltd, 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 Peth Vadgaon in Peth Vadgaon.
For example, the IFSC Code SVSH0000015 of Shri Veershaiv Co Op Bank Ltd for the Peth Vadgaon branch includes these elements, identifying the bank and the branch location in Peth Vadgaon and Maharashtra accurately.
How to Find IFSC Code for Shri Veershaiv Co Op Bank Ltd?
If you are trying to find the IFSC Code SVSH0000015 of Shri Veershaiv Co Op Bank Ltd for its Peth Vadgaon branch located in Peth Vadgaon, the following methods can help:
Cheque Book
The cheque book issued by Shri Veershaiv Co Op Bank Ltd includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Shri Veershaiv Co Op Bank Ltd branches in Peth Vadgaon and Kolhapur, print them on the first page of your passbook.
Bank Website
Visit the official website of Shri Veershaiv Co Op Bank Ltd and navigate to the branch locator section. Search for Peth Vadgaon or Peth Vadgaon to get the exact IFSC Code SVSH0000015.
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 keeps an updated list of all IFSC codes. If you search for Shri Veershaiv Co Op Bank Ltd and Peth Vadgaon, you'll get the correct details.
How to Use IFSC Code SVSH0000015 for Online Transfers?
Once you have the IFSC Code SVSH0000015 for the Peth Vadgaon branch of Shri Veershaiv Co Op Bank Ltd in Peth Vadgaon, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SVSH0000015. Transfers are processed in batches. This is 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. Requires the recipient's account details and Shri Veershaiv Co Op Bank Ltd IFSC Code SVSH0000015.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Shri Veershaiv Co Op Bank Ltd Peth Vadgaon in Peth Vadgaon 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 Shri Veershaiv Co Op Bank Ltd in Peth Vadgaon, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Peth Vadgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Peth Vadgaon Peth Vadgaon branch is SVSH0000015.
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 H No-667,Opp Corporation Build,Tal-Hatkalangale,Kolhapur-416112.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.