For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of The Shamrao Vithal Cooperative Bank for its Ahmedabad branch in Ahmadabad, Ahmedabad, Gujarat, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of The Shamrao Vithal Cooperative Bank located in Ahmadabad or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code SVCB0000148. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for The Shamrao Vithal Cooperative Bank, Ahmedabad, Ahmadabad
Here are the key points that are associated with the IFSC Code SVCB0000148 of The Shamrao Vithal Cooperative Bank for its branch located in Ahmadabad, within the district of Ahmedabad in the state of Gujarat.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0000148 |
| Branch | Ahmedabad |
| City | Ahmadabad |
| District | Ahmedabad |
| State | Gujarat |
| Address | Shop No. 1&2,Ashoka Complex, Sardar Patel Stadium Road, Near Sardar Patel Statue, Navjeevan Po, Navrangpura,Ahmedabad 380014. |
These details are important not only for users using online banking but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Ahmadabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SVCB0000148 for the Ahmedabad branch of The Shamrao Vithal Cooperative Bank is vital.
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 The Shamrao Vithal Cooperative Bank located in Ahmedabad, Ahmadabad, Gujarat, are given a unique IFSC like SVCB0000148 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ahmadabad.
- 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 Ahmadabad and Ahmedabad.
- 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 The Shamrao Vithal Cooperative Bank in Ahmedabad goes to the correct branch. This is important because The Shamrao Vithal Cooperative Bank has thousands of branches in Gujarat and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SVCB0000148
This is the format of the IFSC Code for banks, including The Shamrao Vithal Cooperative Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Shamrao Vithal Cooperative Bank, 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 Ahmedabad in Ahmadabad.
For example, the IFSC Code SVCB0000148 of The Shamrao Vithal Cooperative Bank for the Ahmedabad branch includes these elements, identifying the bank and the branch location in Ahmadabad and Gujarat accurately.
How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?
If you are trying to find the IFSC Code SVCB0000148 of The Shamrao Vithal Cooperative Bank for its Ahmedabad branch located in Ahmadabad, the following methods can help:
Cheque Book
The cheque book issued by The Shamrao Vithal Cooperative Bank 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 The Shamrao Vithal Cooperative Bank branches in Ahmadabad and Ahmedabad, print them on the first page of your passbook.
Bank Website
Visit the official website of The Shamrao Vithal Cooperative Bank and navigate to the branch locator section. Search for Ahmedabad or Ahmadabad to get the exact IFSC Code SVCB0000148.
Mobile Banking App
If you use The Shamrao Vithal Cooperative Bank'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 The Shamrao Vithal Cooperative Bank and Ahmadabad, you'll get the correct details.
How to Use IFSC Code SVCB0000148 for Online Transfers?
Once you have the IFSC Code SVCB0000148 for the Ahmedabad branch of The Shamrao Vithal Cooperative Bank in Ahmadabad, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SVCB0000148. 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 The Shamrao Vithal Cooperative Bank IFSC Code SVCB0000148.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Shamrao Vithal Cooperative Bank Ahmedabad in Ahmadabad, 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 The Shamrao Vithal Cooperative Bank in Ahmedabad, 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 The Shamrao Vithal Cooperative Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Ahmadabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0000148.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Shop No. 1&2,Ashoka Complex, Sardar Patel Stadium Road, Near Sardar Patel Statue, Navjeevan Po, Navrangpura,Ahmedabad 380014. located in Ahmadabad, Ahmedabad, Gujarat.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.