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 Hotel Industrialists Co-Op Bank Ltd- Ganganagar branch in Bangalore Urban, Bangalore, Karnataka, 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 Bangalore Urban or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SVCB0041385. 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 Hotel Industrialists Co-Op Bank Ltd- Ganganagar, Bangalore Urban
Here are some of the key details that come with the IFSC Code SVCB0041385 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 | SVCB0041385 |
| Branch | The Hotel Industrialists Co-Op Bank Ltd- Ganganagar |
| City | Bangalore Urban |
| District | Bangalore |
| State | Karnataka |
| Address | No. 18/3,1St Main, Opp. 108/B Bus Terminus,Ganganagar, Bangalore- 560032 |
These details are important not only for users using online banking but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Bangalore Urban for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SVCB0041385 for the The Hotel Industrialists Co-Op Bank Ltd- Ganganagar branch of The Shamrao Vithal Cooperative Bank is vital.
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 Hotel Industrialists Co-Op Bank Ltd- Ganganagar, Bangalore Urban, Karnataka, is provided with a unique IFSC like SVCB0041385 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 Bangalore Urban.
- 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 Bangalore Urban and Bangalore.
- 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 Karnataka and the rest of India and the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in The Hotel Industrialists Co-Op Bank Ltd- Ganganagar do not get mixed with another location.
Format of the IFSC Code SVCB0041385
The format of the IFSC Code for banks, including The Shamrao Vithal Cooperative Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For The Shamrao Vithal Cooperative Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as The Hotel Industrialists Co-Op Bank Ltd- Ganganagar in Bangalore Urban.
For example, the IFSC Code SVCB0041385 of The Shamrao Vithal Cooperative Bank for the The Hotel Industrialists Co-Op Bank Ltd- Ganganagar 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 SVCB0041385 of The Shamrao Vithal Cooperative Bank for its The Hotel Industrialists Co-Op Bank Ltd- Ganganagar branch located in Bangalore Urban, the following methods can help:
Cheque Book
The cheque book issued by The Shamrao Vithal Cooperative Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including The Shamrao Vithal Cooperative Bank branches in Bangalore Urban and Bangalore, print them on the first page of your passbook.
Bank Website
Visit the official website of The Shamrao Vithal Cooperative Bank and navigate to the branch locator section. Search for The Hotel Industrialists Co-Op Bank Ltd- Ganganagar or Bangalore Urban to get the exact IFSC Code SVCB0041385.
Mobile Banking App
If you use The Shamrao Vithal Cooperative Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for The Shamrao Vithal Cooperative Bank and Bangalore Urban, you'll get the correct details.
How to Use IFSC Code SVCB0041385 for Online Transfers?
Once you have the IFSC Code SVCB0041385 for the The Hotel Industrialists Co-Op Bank Ltd- Ganganagar branch of The Shamrao Vithal Cooperative Bank in Bangalore Urban, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SVCB0041385. 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 SVCB0041385.
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 Hotel Industrialists Co-Op Bank Ltd- Ganganagar in Bangalore Urban, 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 Hotel Industrialists Co-Op Bank Ltd- Ganganagar, 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 Bangalore Urban to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0041385.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is No. 18/3,1St Main, Opp. 108/B Bus Terminus,Ganganagar, Bangalore- 560032 located in Bangalore Urban, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.