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 Hubli Urban Coop Bank Gokul Rd branch in Dharwad, Hubli, 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 Dharwad or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SVCB0033006. 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 Hubli Urban Coop Bank Gokul Rd, Dharwad
The table below shows the main details of the IFSC Code SVCB0033006 for the The Shamrao Vithal Cooperative Bank branch in Dharwad, which falls under the Hubli district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0033006 |
| Branch | The Hubli Urban Coop Bank Gokul Rd |
| City | Dharwad |
| District | Hubli |
| State | Karnataka |
| Address | Aiyengar Bakery Bldg, Apoorva Nagar Cross, Gokul Road |
These details help users in online banking and for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Dharwad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0033006 for the The Hubli Urban Coop Bank Gokul Rd 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 that is provided by the Reserve Bank of India. A unique IFSC like SVCB0033006 is given to every bank branch, including The Shamrao Vithal Cooperative Bank located in The Hubli Urban Coop Bank Gokul Rd, Dharwad, Karnataka, 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 Dharwad.
- 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 Dharwad and Hubli.
- 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 Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in The Hubli Urban Coop Bank Gokul Rd doesn't end up at another location.
Format of the IFSC Code SVCB0033006
The format of the IFSC Code for banks, including The Shamrao Vithal Cooperative Bank, has 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 Hubli Urban Coop Bank Gokul Rd in Dharwad.
For example, the IFSC Code SVCB0033006 of The Shamrao Vithal Cooperative Bank for the The Hubli Urban Coop Bank Gokul Rd branch includes these elements, identifying the bank and the branch location in Dharwad and Karnataka correctly.
How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?
If you are looking for the IFSC Code SVCB0033006 of The Shamrao Vithal Cooperative Bank for its The Hubli Urban Coop Bank Gokul Rd branch located in Dharwad, the following methods can help:
Cheque Book
The cheque book that is issued by The Shamrao Vithal Cooperative Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including The Shamrao Vithal Cooperative Bank branches in Dharwad and Hubli, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of The Shamrao Vithal Cooperative Bank and look for the branch locator section, then search for The Hubli Urban Coop Bank Gokul Rd or Dharwad to get the exact IFSC Code SVCB0033006.
Mobile Banking App
If you use The Shamrao Vithal Cooperative Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Shamrao Vithal Cooperative Bank and Dharwad, then it will provide you proper information.
How to Use IFSC Code SVCB0033006 for Online Transfers?
If you have the IFSC Code SVCB0033006 for the The Hubli Urban Coop Bank Gokul Rd branch of The Shamrao Vithal Cooperative Bank in Dharwad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SVCB0033006. 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 SVCB0033006.
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 The Hubli Urban Coop Bank Gokul Rd in Dharwad, it may 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 Hubli Urban Coop Bank Gokul Rd, 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 Dharwad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0033006.
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 Aiyengar Bakery Bldg, Apoorva Nagar Cross, Gokul Road located in Dharwad, Hubli, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.