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 Kopargaon Peoples Coop Bank Ltd- Aurangabad branch in Aurangabad, Aurangabad, Maharashtra, 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 Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0035008. 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 Kopargaon Peoples Coop Bank Ltd- Aurangabad, Aurangabad
The table below shows the main details of the IFSC Code SVCB0035008 for the The Shamrao Vithal Cooperative Bank branch in Aurangabad, which falls under the Aurangabad district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0035008 |
| Branch | The Kopargaon Peoples Coop Bank Ltd- Aurangabad |
| City | Aurangabad |
| District | Aurangabad |
| State | Maharashtra |
| Address | Narhar Complex, Near Paithan Gate, Gulmandi |
These details are essential not only for online banking users but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Aurangabad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0035008 for the The Kopargaon Peoples Coop Bank Ltd- Aurangabad 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 provided by the Reserve Bank of India. Every bank branch, including The Shamrao Vithal Cooperative Bank located in The Kopargaon Peoples Coop Bank Ltd- Aurangabad, Aurangabad, Maharashtra, is provided with a unique IFSC like SVCB0035008 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 Aurangabad.
- 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 Aurangabad and Aurangabad.
- 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 The Kopargaon Peoples Coop Bank Ltd- Aurangabad do not get mixed with another location.
Format of the IFSC Code SVCB0035008
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 Kopargaon Peoples Coop Bank Ltd- Aurangabad in Aurangabad.
For example, the IFSC Code SVCB0035008 of The Shamrao Vithal Cooperative Bank for the The Kopargaon Peoples Coop Bank Ltd- Aurangabad branch includes these elements, identifying the bank and the branch location in Aurangabad and Maharashtra accurately.
How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?
If you are looking for the IFSC Code SVCB0035008 of The Shamrao Vithal Cooperative Bank for its The Kopargaon Peoples Coop Bank Ltd- Aurangabad branch located in Aurangabad, 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 Aurangabad and Aurangabad, 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 Kopargaon Peoples Coop Bank Ltd- Aurangabad or Aurangabad to get the exact IFSC Code SVCB0035008.
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 Aurangabad, then it will provide you proper information.
How to Use IFSC Code SVCB0035008 for Online Transfers?
Once you have the IFSC Code SVCB0035008 for the The Kopargaon Peoples Coop Bank Ltd- Aurangabad branch of The Shamrao Vithal Cooperative Bank in Aurangabad, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SVCB0035008. Transfers are processed in batches. This is suitable for 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 SVCB0035008.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Shamrao Vithal Cooperative Bank The Kopargaon Peoples Coop Bank Ltd- Aurangabad in Aurangabad may 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 The Kopargaon Peoples Coop Bank Ltd- Aurangabad, 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 Aurangabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0035008.
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 Narhar Complex, Near Paithan Gate, Gulmandi located in Aurangabad, Aurangabad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
