IFSC Code of The Shamrao Vithal Cooperative Bank, The Gooty Co-Op Town Bank Ltd- Gooty, Gooty, Andhra Pradesh — SVCB0053002

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of The Shamrao Vithal Cooperative Bank for its The Gooty Co-Op Town Bank Ltd- Gooty branch in Anantapur, Gooty, Andhra Pradesh, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of The Shamrao Vithal Cooperative Bank located in Anantapur or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SVCB0053002. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for The Shamrao Vithal Cooperative Bank, The Gooty Co-Op Town Bank Ltd- Gooty, Anantapur

Here are the main details that are associated with the IFSC Code SVCB0053002 of The Shamrao Vithal Cooperative Bank for its branch located in Anantapur, within the district of Gooty in the state of Andhra Pradesh.

These details helps users in online banking and for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Anantapur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0053002 for the The Gooty Co-Op Town Bank Ltd- Gooty branch of The Shamrao Vithal Cooperative Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including The Shamrao Vithal Cooperative Bank located in The Gooty Co-Op Town Bank Ltd- Gooty, Anantapur, Andhra Pradesh, is provided a unique IFSC like SVCB0053002 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the The Shamrao Vithal Cooperative Bank branch in Anantapur.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Anantapur and Gooty.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Andhra Pradesh and the rest of India, the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in The Gooty Co-Op Town Bank Ltd- Gooty do not get misguided to another person.

Format of the IFSC Code SVCB0053002

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 The Gooty Co-Op Town Bank Ltd- Gooty in Anantapur.

For example, the IFSC Code SVCB0053002 of The Shamrao Vithal Cooperative Bank for the The Gooty Co-Op Town Bank Ltd- Gooty branch includes these elements, identifying the bank and the branch location in Anantapur and Andhra Pradesh accurately.

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

If you are looking for the IFSC Code SVCB0053002 of The Shamrao Vithal Cooperative Bank for its The Gooty Co-Op Town Bank Ltd- Gooty branch located in Anantapur, 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 Anantapur and Gooty, 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 The Gooty Co-Op Town Bank Ltd- Gooty or Anantapur to get the exact IFSC Code SVCB0053002.

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 Anantapur, then it will provide you proper information.

How to Use IFSC Code SVCB0053002 for Online Transfers?

Once you have the IFSC Code SVCB0053002 for the The Gooty Co-Op Town Bank Ltd- Gooty branch of The Shamrao Vithal Cooperative Bank in Anantapur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SVCB0053002. 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 SVCB0053002.

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 The Gooty Co-Op Town Bank Ltd- Gooty in Anantapur, 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 The Gooty Co-Op Town Bank Ltd- Gooty, 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 Anantapur manage online transfers as well as cheque clearances with ease.