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 Deepak Sahkari Bk-Vidyaranyapura branch in Bangalore Urban, Bangalore, or Karnataka, 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 Bangalore Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SVCB0018006. 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, Deepak Sahkari Bk-Vidyaranyapura, Bangalore Urban
Below in the table are the key details related to IFSC Code SVCB0018006 of The Shamrao Vithal Cooperative Bank for its branch located in Bangalore Urban, within the district of Bangalore in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0018006 |
| Branch | Deepak Sahkari Bk-Vidyaranyapura |
| City | Bangalore Urban |
| District | Bangalore |
| State | Karnataka |
| Address | No 703,3Rd Block,B E L Layout,Vidyaranyapura,Bangalore 560 097 |
These details helps users in online banking and for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Bangalore Urban for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0018006 for the Deepak Sahkari Bk-Vidyaranyapura 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with The Shamrao Vithal Cooperative Bank located in Deepak Sahkari Bk-Vidyaranyapura, Bangalore Urban, Karnataka, are allotted a unique IFSC like SVCB0018006 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bangalore Urban.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Bangalore Urban and Bangalore.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to The Shamrao Vithal Cooperative Bank in Deepak Sahkari Bk-Vidyaranyapura reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code SVCB0018006
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 Deepak Sahkari Bk-Vidyaranyapura in Bangalore Urban.
For example, the IFSC Code SVCB0018006 of The Shamrao Vithal Cooperative Bank for the Deepak Sahkari Bk-Vidyaranyapura branch includes these elements, identifying the bank and the branch location in Bangalore Urban and Karnataka accurately.
How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?
If you are trying to find the IFSC Code SVCB0018006 of The Shamrao Vithal Cooperative Bank for its Deepak Sahkari Bk-Vidyaranyapura branch located in Bangalore Urban, 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 Bangalore Urban and Bangalore, 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 Deepak Sahkari Bk-Vidyaranyapura or Bangalore Urban to get the exact IFSC Code SVCB0018006.
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 Bangalore Urban that will provide accurate information.
How to Use IFSC Code SVCB0018006 for Online Transfers?
Once you have the IFSC Code SVCB0018006 for the Deepak Sahkari Bk-Vidyaranyapura branch of The Shamrao Vithal Cooperative Bank in Bangalore Urban, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SVCB0018006. 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 SVCB0018006.
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 Deepak Sahkari Bk-Vidyaranyapura in Bangalore Urban may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of The Shamrao Vithal Cooperative Bank in Deepak Sahkari Bk-Vidyaranyapura, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official The Shamrao Vithal Cooperative Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Bangalore Urban manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0018006.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is No 703,3Rd Block,B E L Layout,Vidyaranyapura,Bangalore 560 097 located in Bangalore Urban, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.