IFSC Code of The Shamrao Vithal Cooperative Bank, Khamgaon, Khamgaon, Maharashtra — SVCB0000196

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 Khamgaon branch in Buldhana, Khamgaon, or Maharashtra, 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 Buldhana or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0000196. 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, Khamgaon, Buldhana

Here are the key points that are associated with the IFSC Code SVCB0000196 of The Shamrao Vithal Cooperative Bank for its branch located in Buldhana, within the district of Khamgaon in the state of Maharashtra.

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 Buldhana for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SVCB0000196 for the Khamgaon 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 that is provided by the Reserve Bank of India. A unique IFSC like SVCB0000196 is given to every bank branch, including The Shamrao Vithal Cooperative Bank located in Khamgaon, Buldhana, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the The Shamrao Vithal Cooperative Bank branch in Buldhana.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Buldhana and Khamgaon.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in Khamgaon doesn't end up at another location.

Format of the IFSC Code SVCB0000196

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 Khamgaon in Buldhana.

For example, the IFSC Code SVCB0000196 of The Shamrao Vithal Cooperative Bank for the Khamgaon branch includes these elements, identifying the bank and the branch location in Buldhana and Maharashtra accurately.

How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?

To find the IFSC Code SVCB0000196 of The Shamrao Vithal Cooperative Bank for its Khamgaon branch located in Buldhana, 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 Buldhana and Khamgaon, 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 Khamgaon or Buldhana to find the exact IFSC Code SVCB0000196.

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 Buldhana will provide accurate information.

How to Use IFSC Code SVCB0000196 for Online Transfers?

If you have the IFSC Code SVCB0000196 for the Khamgaon branch of The Shamrao Vithal Cooperative Bank in Buldhana, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SVCB0000196. Transfers are processed in batches. 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. Asks for the recipient's account details and The Shamrao Vithal Cooperative Bank IFSC Code SVCB0000196.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Shamrao Vithal Cooperative Bank Khamgaon in Buldhana, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of The Shamrao Vithal Cooperative Bank in Khamgaon, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Buldhana manage their online transfers and cheque clearances easily.