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- Uttarahalli branch in Bangalore Urban, Subramanyapura, 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 SVCB0041350. 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- Uttarahalli, Bangalore Urban

Below in the table are the key details related to IFSC Code SVCB0041350 of The Shamrao Vithal Cooperative Bank for its branch located in Bangalore Urban, within the district of Subramanyapura in the state of Karnataka.

Particulars Details
Bank The Shamrao Vithal Cooperative Bank
IFSC Code SVCB0041350
Branch The Hotel Industrialists Co-Op Bank Ltd- Uttarahalli
City Bangalore Urban
District Subramanyapura
State Karnataka
Address No. 8, Chowdeshwari Complex, 1St Floor, Uttarahalli Circle,Subramanyapura Post,Bangalore-560061

These details help 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 SVCB0041350 for the The Hotel Industrialists Co-Op Bank Ltd- Uttarahalli branch of The Shamrao Vithal Cooperative Bank has a very 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 Hotel Industrialists Co-Op Bank Ltd- Uttarahalli, Bangalore Urban, Karnataka, is provided with a unique IFSC like SVCB0041350 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 Subramanyapura.
  • 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- Uttarahalli do not get mixed with another location.

Format of the IFSC Code SVCB0041350

The format of the IFSC Code for banks, including The Shamrao Vithal Cooperative Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For The Shamrao Vithal Cooperative Bank, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as The Hotel Industrialists Co-Op Bank Ltd- Uttarahalli in Bangalore Urban.

For example, the IFSC Code SVCB0041350 of The Shamrao Vithal Cooperative Bank for the The Hotel Industrialists Co-Op Bank Ltd- Uttarahalli 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 SVCB0041350 of The Shamrao Vithal Cooperative Bank for its The Hotel Industrialists Co-Op Bank Ltd- Uttarahalli 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 Subramanyapura, 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 The Hotel Industrialists Co-Op Bank Ltd- Uttarahalli or Bangalore Urban to get the exact IFSC Code SVCB0041350.

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 SVCB0041350 for Online Transfers?

Once you have the IFSC Code SVCB0041350 for the The Hotel Industrialists Co-Op Bank Ltd- Uttarahalli 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 SVCB0041350. 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 SVCB0041350.

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- Uttarahalli 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- Uttarahalli, 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)

What is the IFSC Code of The Shamrao Vithal Cooperative Bank in The Hotel Industrialists Co-Op Bank Ltd- Uttarahalli, Bangalore Urban?

The IFSC Code is SVCB0041350.

Is the IFSC Code SVCB0041350 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of The Shamrao Vithal Cooperative Bank The Hotel Industrialists Co-Op Bank Ltd- Uttarahalli?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the The Hotel Industrialists Co-Op Bank Ltd- Uttarahalli branch?

The address of the branch is No. 8, Chowdeshwari Complex, 1St Floor, Uttarahalli Circle,Subramanyapura Post,Bangalore-560061 located in Bangalore Urban, Subramanyapura, Karnataka.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.