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IFSC Code of The Shamrao Vithal Cooperative Bank, Bhingar Urban Coop Bank Ltd- Zopadi, Ahmadnagar, Maharashtra — SVCB0057004

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 Bhingar Urban Coop Bank Ltd- Zopadi 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 SVCB0057004. 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, Bhingar Urban Coop Bank Ltd- Zopadi, Ahmadnagar

Here are some of the key details that come with the IFSC Code SVCB0057004 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 SVCB0057004
Branch Bhingar Urban Coop Bank Ltd- Zopadi
City Ahmadnagar
District Ahmadnagar
State Maharashtra
Address Nagar Manmad Road, Near Dipak Hospital, Zopadi Canting- 414003

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 SVCB0057004 for the Bhingar Urban Coop Bank Ltd- Zopadi 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 that is provided by the Reserve Bank of India. A unique IFSC like SVCB0057004 is given to every bank branch, including The Shamrao Vithal Cooperative Bank located in Bhingar Urban Coop Bank Ltd- Zopadi, 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 Ahmadnagar.
  • 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- Zopadi doesn't end up at another location.

Format of the IFSC Code SVCB0057004

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 Bhingar Urban Coop Bank Ltd- Zopadi in Ahmadnagar.

For example, the IFSC Code SVCB0057004 of The Shamrao Vithal Cooperative Bank for the Bhingar Urban Coop Bank Ltd- Zopadi 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 SVCB0057004 of The Shamrao Vithal Cooperative Bank for its Bhingar Urban Coop Bank Ltd- Zopadi 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 Ahmadnagar, 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- Zopadi or Ahmadnagar to get the exact IFSC Code SVCB0057004.

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 SVCB0057004 for Online Transfers?

Once you have the IFSC Code SVCB0057004 for the Bhingar Urban Coop Bank Ltd- Zopadi 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 SVCB0057004. 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 SVCB0057004.

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 Bhingar Urban Coop Bank Ltd- Zopadi 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 Bhingar Urban Coop Bank Ltd- Zopadi, 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)

What is the IFSC Code of The Shamrao Vithal Cooperative Bank in Bhingar Urban Coop Bank Ltd- Zopadi, Ahmadnagar?

The IFSC Code is SVCB0057004.

Is the IFSC Code SVCB0057004 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of The Shamrao Vithal Cooperative Bank Bhingar Urban Coop Bank Ltd- Zopadi?

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

What is the full address of the Bhingar Urban Coop Bank Ltd- Zopadi branch?

The address of the branch is Nagar Manmad Road, Near Dipak Hospital, Zopadi Canting- 414003 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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