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IFSC Code of The Shamrao Vithal Cooperative Bank, Ahmednagar Shahar S Bk-Sukkar Chwk, Ahmadnagar, Maharashtra — SVCB0008010

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 Ahmednagar Shahar S Bk-Sukkar Chwk branch in Ahmadnagar, Ahmadnagar, Maharashtra, 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 Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0008010. 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, Ahmednagar Shahar S Bk-Sukkar Chwk, Ahmadnagar

Below in the table are the key details related to IFSC Code SVCB0008010 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 SVCB0008010
Branch Ahmednagar Shahar S Bk-Sukkar Chwk
City Ahmadnagar
District Ahmadnagar
State Maharashtra
Address Luniya-Munot Complex, Anandhrushiji Marg, Station Road, Ahmednagar- 414001.

These details help users in online banking and for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Ahmadnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0008010 for the Ahmednagar Shahar S Bk-Sukkar Chwk branch of The Shamrao Vithal Cooperative Bank has a very 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-Sukkar Chwk, Ahmadnagar, Maharashtra, are allotted a unique IFSC like SVCB0008010 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-Sukkar Chwk reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SVCB0008010

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): Show the bank code. For The Shamrao Vithal Cooperative Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ahmednagar Shahar S Bk-Sukkar Chwk in Ahmadnagar.

For example, the IFSC Code SVCB0008010 of The Shamrao Vithal Cooperative Bank for the Ahmednagar Shahar S Bk-Sukkar Chwk branch includes these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra accurately.

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

If you are trying to find the IFSC Code SVCB0008010 of The Shamrao Vithal Cooperative Bank for its Ahmednagar Shahar S Bk-Sukkar Chwk branch located in Ahmadnagar, 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

Most banks, including The Shamrao Vithal Cooperative Bank branches in Ahmadnagar and Ahmadnagar, print the IFSC and MICR codes 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 Ahmednagar Shahar S Bk-Sukkar Chwk or Ahmadnagar to get the exact IFSC Code SVCB0008010.

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 Ahmadnagar, you'll get the correct details.

How to Use IFSC Code SVCB0008010 for Online Transfers?

Once you have the IFSC Code SVCB0008010 for the Ahmednagar Shahar S Bk-Sukkar Chwk branch of The Shamrao Vithal Cooperative Bank in Ahmadnagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SVCB0008010. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 The Shamrao Vithal Cooperative Bank IFSC Code SVCB0008010.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Shamrao Vithal Cooperative Bank Ahmednagar Shahar S Bk-Sukkar Chwk in Ahmadnagar, 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 The Shamrao Vithal Cooperative Bank in Ahmednagar Shahar S Bk-Sukkar Chwk, 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 The Shamrao Vithal Cooperative Bank website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Ahmadnagar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

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

The IFSC Code is SVCB0008010.

Is the IFSC Code SVCB0008010 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-Sukkar Chwk?

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-Sukkar Chwk branch?

The address of the branch is Luniya-Munot Complex, Anandhrushiji Marg, Station Road, 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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