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 The Hotel Industrialists Co-Op Bank Ltd- Rajajinagar branch in Bangalore Urban, Bangalore, Karnataka, 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 Bangalore Urban or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SVCB0041319. 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, The Hotel Industrialists Co-Op Bank Ltd- Rajajinagar, Bangalore Urban
Here are some of the key details that come with the IFSC Code SVCB0041319 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 | SVCB0041319 |
| Branch | The Hotel Industrialists Co-Op Bank Ltd- Rajajinagar |
| City | Bangalore Urban |
| District | Bangalore |
| State | Karnataka |
| Address | Sahakara Vikasa, No 377, 8Th Cross,1St Main, 1St Stage,6Th Block,Industrial Town, Rajajinagar, Bangalore - 560044 |
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 SVCB0041319 for the The Hotel Industrialists Co-Op Bank Ltd- Rajajinagar 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 The Hotel Industrialists Co-Op Bank Ltd- Rajajinagar, Bangalore Urban, Karnataka, are allotted a unique IFSC like SVCB0041319 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 The Hotel Industrialists Co-Op Bank Ltd- Rajajinagar reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code SVCB0041319
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- Rajajinagar in Bangalore Urban.
For example, the IFSC Code SVCB0041319 of The Shamrao Vithal Cooperative Bank for the The Hotel Industrialists Co-Op Bank Ltd- Rajajinagar 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?
To find the IFSC Code SVCB0041319 of The Shamrao Vithal Cooperative Bank for its The Hotel Industrialists Co-Op Bank Ltd- Rajajinagar branch located in Bangalore Urban, the following methods can help you out:
Cheque Book
The cheque book issued by The Shamrao Vithal Cooperative Bank includes the IFSC Code printed on each cheque leaf. 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 go to the branch locator section. Then search for The Hotel Industrialists Co-Op Bank Ltd- Rajajinagar or Bangalore Urban to find the exact IFSC Code SVCB0041319.
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 maintains an updated database of all IFSC codes. Searching for The Shamrao Vithal Cooperative Bank and Bangalore Urban will provide accurate information.
How to Use IFSC Code SVCB0041319 for Online Transfers?
Once you have the IFSC Code SVCB0041319 for the The Hotel Industrialists Co-Op Bank Ltd- Rajajinagar branch of The Shamrao Vithal Cooperative Bank in Bangalore Urban, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SVCB0041319. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and The Shamrao Vithal Cooperative Bank IFSC Code SVCB0041319.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Shamrao Vithal Cooperative Bank The Hotel Industrialists Co-Op Bank Ltd- Rajajinagar in Bangalore Urban, it can 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 Hotel Industrialists Co-Op Bank Ltd- Rajajinagar, 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 SVCB0041319.
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 Sahakara Vikasa, No 377, 8Th Cross,1St Main, 1St Stage,6Th Block,Industrial Town, Rajajinagar, Bangalore - 560044 located in Bangalore Urban, Bangalore, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.