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IFSC Code of The Shamrao Vithal Cooperative Bank, Ahmednagar Shahar S Bk-Navipeth, Ahmadnagar, Maharashtra — SVCB0008011

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 The Shamrao Vithal Cooperative Bank for its Ahmednagar Shahar S Bk-Navipeth branch in Ahmadnagar, Ahmadnagar, 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 The Shamrao Vithal Cooperative Bank situated in Ahmadnagar or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SVCB0008011. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for The Shamrao Vithal Cooperative Bank, Ahmednagar Shahar S Bk-Navipeth, Ahmadnagar

Below in the table are the key details related to IFSC Code SVCB0008011 of The Shamrao Vithal Cooperative Bank for its branch located in Ahmadnagar, within the district of Ahmadnagar in the state of Maharashtra.

Particulars Details
Bank The Shamrao Vithal Cooperative Bank
IFSC Code SVCB0008011
Branch Ahmednagar Shahar S Bk-Navipeth
City Ahmadnagar
District Ahmadnagar
State Maharashtra
Address ┬Ôsarvarth┬Ö, Navipeth, Ahmednagar- 414001.

These details are essential not only for online banking users but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Ahmadnagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0008011 for the Ahmednagar Shahar S Bk-Navipeth branch of The Shamrao Vithal Cooperative Bank 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 The Shamrao Vithal Cooperative Bank located in Ahmednagar Shahar S Bk-Navipeth, Ahmadnagar, Maharashtra, are allotted a unique IFSC like SVCB0008011 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ahmadnagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Ahmadnagar and Ahmadnagar.
  • 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 The Shamrao Vithal Cooperative Bank in Ahmednagar Shahar S Bk-Navipeth reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SVCB0008011

The format of the IFSC Code for banks, including The Shamrao Vithal Cooperative Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In The Shamrao Vithal Cooperative Bank, 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 Ahmednagar Shahar S Bk-Navipeth in Ahmadnagar.

For example, the IFSC Code SVCB0008011 of The Shamrao Vithal Cooperative Bank for the Ahmednagar Shahar S Bk-Navipeth branch has these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra correctly.

How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?

If you are looking for the IFSC Code SVCB0008011 of The Shamrao Vithal Cooperative Bank for its Ahmednagar Shahar S Bk-Navipeth branch located in Ahmadnagar, the following methods can help:

Cheque Book

The cheque book that is issued by The Shamrao Vithal Cooperative Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including The Shamrao Vithal Cooperative Bank branches in Ahmadnagar and Ahmadnagar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of The Shamrao Vithal Cooperative Bank and look for the branch locator section, then search for Ahmednagar Shahar S Bk-Navipeth or Ahmadnagar to get the exact IFSC Code SVCB0008011.

Mobile Banking App

If you use The Shamrao Vithal Cooperative Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Shamrao Vithal Cooperative Bank and Ahmadnagar, then it will provide you proper information.

How to Use IFSC Code SVCB0008011 for Online Transfers?

If you have the IFSC Code SVCB0008011 for the Ahmednagar Shahar S Bk-Navipeth branch of The Shamrao Vithal Cooperative Bank in Ahmadnagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SVCB0008011. Transfers are processed in batches. 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. Asks for the recipient's account details and The Shamrao Vithal Cooperative Bank IFSC Code SVCB0008011.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Shamrao Vithal Cooperative Bank Ahmednagar Shahar S Bk-Navipeth in Ahmadnagar, it may 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 Ahmednagar Shahar S Bk-Navipeth, 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 Ahmadnagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Shamrao Vithal Cooperative Bank in Ahmednagar Shahar S Bk-Navipeth, Ahmadnagar?

The IFSC Code is SVCB0008011.

Is the IFSC Code SVCB0008011 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of The Shamrao Vithal Cooperative Bank Ahmednagar Shahar S Bk-Navipeth?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Ahmednagar Shahar S Bk-Navipeth branch?

The address of the branch is ┬Ôsarvarth┬Ö, Navipeth, Ahmednagar- 414001. located in Ahmadnagar, Ahmadnagar, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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