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 Tasgaon branch in Tasgaon, Sangli, 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 Tasgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVSH0000024. 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, Tasgaon, Tasgaon
Here are the main details that are associated with the IFSC Code SVSH0000024 of Shri Veershaiv Co Op Bank Ltd for its branch located in Tasgaon, within the district of Sangli in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Shri Veershaiv Co Op Bank Ltd |
| IFSC Code | SVSH0000024 |
| Branch | Tasgaon |
| City | Tasgaon |
| District | Sangli |
| State | Maharashtra |
| Address | Basuri Building,Vita Road,Tasgaon-416312 |
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 Tasgaon for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVSH0000024 for the Tasgaon 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, 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 Tasgaon, Tasgaon, Maharashtra, are allotted a unique IFSC like SVSH0000024 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Tasgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Tasgaon and Sangli.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Shri Veershaiv Co Op Bank Ltd in Tasgaon reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SVSH0000024
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 Tasgaon in Tasgaon.
For example, the IFSC Code SVSH0000024 of Shri Veershaiv Co Op Bank Ltd for the Tasgaon branch includes these elements, identifying the bank and the branch location in Tasgaon and Maharashtra accurately.
How to Find IFSC Code for Shri Veershaiv Co Op Bank Ltd?
If you are trying to find the IFSC Code SVSH0000024 of Shri Veershaiv Co Op Bank Ltd for its Tasgaon branch located in Tasgaon, 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 Tasgaon and Sangli, 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 Tasgaon or Tasgaon to get the exact IFSC Code SVSH0000024.
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 Tasgaon that will provide accurate information.
How to Use IFSC Code SVSH0000024 for Online Transfers?
Once you have the IFSC Code SVSH0000024 for the Tasgaon branch of Shri Veershaiv Co Op Bank Ltd in Tasgaon, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SVSH0000024. 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 SVSH0000024.
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 Tasgaon in Tasgaon, 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 Tasgaon, 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 Tasgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Tasgaon Tasgaon branch is SVSH0000024.
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 Basuri Building,Vita Road,Tasgaon-416312.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.