Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of The Shamrao Vithal Cooperative Bank for its Ahmednagar Shahar S Bk-Supa Midc branch in Ahmadnagar, Supa, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of The Shamrao Vithal Cooperative Bank located in Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0008009. You should definitely 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-Supa Midc, Ahmadnagar

The table below shows the main details of the IFSC Code SVCB0008009 for the The Shamrao Vithal Cooperative Bank branch in Ahmadnagar, which falls under the Supa district in Maharashtra.

Particulars Details
Bank The Shamrao Vithal Cooperative Bank
IFSC Code SVCB0008009
Branch Ahmednagar Shahar S Bk-Supa Midc
City Ahmadnagar
District Supa
State Maharashtra
Address ┬Ôudyam┬Ö, Yenare Complex, Walwane Road, Supa, Tal-Parner, Dist. Ahmednagar.

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 SVCB0008009 for the Ahmednagar Shahar S Bk-Supa Midc 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, including The Shamrao Vithal Cooperative Bank located in Ahmednagar Shahar S Bk-Supa Midc, Ahmadnagar, Maharashtra, is provided with a unique IFSC like SVCB0008009 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the The Shamrao Vithal Cooperative Bank branch in Ahmadnagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Ahmadnagar and Supa.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in Ahmednagar Shahar S Bk-Supa Midc do not get mixed with another location.

Format of the IFSC Code SVCB0008009

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 Ahmednagar Shahar S Bk-Supa Midc in Ahmadnagar.

For example, the IFSC Code SVCB0008009 of The Shamrao Vithal Cooperative Bank for the Ahmednagar Shahar S Bk-Supa Midc 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 SVCB0008009 of The Shamrao Vithal Cooperative Bank for its Ahmednagar Shahar S Bk-Supa Midc 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

You can easily find the IFSC and MICR codes because most banks, including The Shamrao Vithal Cooperative Bank branches in Ahmadnagar and Supa, 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 Ahmednagar Shahar S Bk-Supa Midc or Ahmadnagar to get the exact IFSC Code SVCB0008009.

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 SVCB0008009 for Online Transfers?

Once you have the IFSC Code SVCB0008009 for the Ahmednagar Shahar S Bk-Supa Midc 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 SVCB0008009. 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 The Shamrao Vithal Cooperative Bank IFSC Code SVCB0008009.

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-Supa Midc 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 are very different from IFSC codes. If you are looking for the MICR code of The Shamrao Vithal Cooperative Bank in Ahmednagar Shahar S Bk-Supa Midc, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Ahmadnagar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is SVCB0008009.

Is the IFSC Code SVCB0008009 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-Supa Midc?

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-Supa Midc branch?

The address of the branch is ┬Ôudyam┬Ö, Yenare Complex, Walwane Road, Supa, Tal-Parner, Dist. Ahmednagar. located in Ahmadnagar, Supa, 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.