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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Shamrao Vithal Cooperative Bank for its Bhingar Urban Coop Bank Ltd- Tisgaon branch in Ahmadnagar, Tisgaon, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector 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 SVCB0057008. 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, Bhingar Urban Coop Bank Ltd- Tisgaon, Ahmadnagar
Here are the main details that are associated with the IFSC Code SVCB0057008 of The Shamrao Vithal Cooperative Bank for its branch located in Ahmadnagar, within the district of Tisgaon in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0057008 |
| Branch | Bhingar Urban Coop Bank Ltd- Tisgaon |
| City | Ahmadnagar |
| District | Tisgaon |
| State | Maharashtra |
| Address | Ho. No. 1385, Plot No.1, At Post Tisgaon, Taluka- Pathardi, District- Ahmednagar- 414106 |
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 SVCB0057008 for the Bhingar Urban Coop Bank Ltd- Tisgaon 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 that is provided by the Reserve Bank of India. A unique IFSC like SVCB0057008 is given to every bank branch, including The Shamrao Vithal Cooperative Bank located in Bhingar Urban Coop Bank Ltd- Tisgaon, Ahmadnagar, Maharashtra, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Ahmadnagar and Tisgaon.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in Bhingar Urban Coop Bank Ltd- Tisgaon doesn't end up at another location.
Format of the IFSC Code SVCB0057008
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 Bhingar Urban Coop Bank Ltd- Tisgaon in Ahmadnagar.
For example, the IFSC Code SVCB0057008 of The Shamrao Vithal Cooperative Bank for the Bhingar Urban Coop Bank Ltd- Tisgaon 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 trying to find the IFSC Code SVCB0057008 of The Shamrao Vithal Cooperative Bank for its Bhingar Urban Coop Bank Ltd- Tisgaon branch located in Ahmadnagar, the following methods can help:
Cheque Book
The cheque books that are issued by The Shamrao Vithal Cooperative Bank 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 The Shamrao Vithal Cooperative Bank branches in Ahmadnagar and Tisgaon, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Shamrao Vithal Cooperative Bank and find the branch locator section. Search for Bhingar Urban Coop Bank Ltd- Tisgaon or Ahmadnagar to get the exact IFSC Code SVCB0057008.
Mobile Banking App
If you use The Shamrao Vithal Cooperative Bank'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 The Shamrao Vithal Cooperative Bank and Ahmadnagar that will provide accurate information.
How to Use IFSC Code SVCB0057008 for Online Transfers?
Once you have the IFSC Code SVCB0057008 for the Bhingar Urban Coop Bank Ltd- Tisgaon branch of The Shamrao Vithal Cooperative Bank in Ahmadnagar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SVCB0057008. 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 SVCB0057008.
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 Bhingar Urban Coop Bank Ltd- Tisgaon in Ahmadnagar, it can result in delayed or failed transactions.
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 Bhingar Urban Coop Bank Ltd- Tisgaon, 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 The Shamrao Vithal Cooperative Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Ahmadnagar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0057008.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ho. No. 1385, Plot No.1, At Post Tisgaon, Taluka- Pathardi, District- Ahmednagar- 414106 located in Ahmadnagar, Tisgaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.