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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of The Shamrao Vithal Cooperative Bank for its The Hubli Urban Coop Bank Hubli branch in Dharwad, Hubli, Karnataka, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of The Shamrao Vithal Cooperative Bank located in Dharwad or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SVCB0033002. 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, The Hubli Urban Coop Bank Hubli, Dharwad
Below in the table are the key details related to IFSC Code SVCB0033002 of The Shamrao Vithal Cooperative Bank for its branch located in Dharwad, within the district of Hubli in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0033002 |
| Branch | The Hubli Urban Coop Bank Hubli |
| City | Dharwad |
| District | Hubli |
| State | Karnataka |
| Address | Sir Siddappa Kambli Rd, Opp Municipal Corporation |
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 Dharwad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SVCB0033002 for the The Hubli Urban Coop Bank Hubli 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 Hubli Urban Coop Bank Hubli, Dharwad, Karnataka, is provided with a unique IFSC like SVCB0033002 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 Dharwad.
- 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 Dharwad and Hubli.
- 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 Hubli Urban Coop Bank Hubli do not get mixed with another location.
Format of the IFSC Code SVCB0033002
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): These represent the bank code. In The Shamrao Vithal Cooperative Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like The Hubli Urban Coop Bank Hubli in Dharwad.
For example, the IFSC Code SVCB0033002 of The Shamrao Vithal Cooperative Bank for the The Hubli Urban Coop Bank Hubli branch has 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 trying to find the IFSC Code SVCB0033002 of The Shamrao Vithal Cooperative Bank for its The Hubli Urban Coop Bank Hubli branch located in Dharwad, 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
Most banks, including The Shamrao Vithal Cooperative Bank branches in Dharwad and Hubli, print the IFSC and MICR codes 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 Hubli Urban Coop Bank Hubli or Dharwad to get the exact IFSC Code SVCB0033002.
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 Dharwad, you'll get the correct details.
How to Use IFSC Code SVCB0033002 for Online Transfers?
Once you have the IFSC Code SVCB0033002 for the The Hubli Urban Coop Bank Hubli branch of The Shamrao Vithal Cooperative Bank in Dharwad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SVCB0033002. 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 SVCB0033002.
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 Hubli Urban Coop Bank Hubli in Dharwad, 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 Hubli Urban Coop Bank Hubli, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Dharwad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0033002.
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 Sir Siddappa Kambli Rd, Opp Municipal Corporation located in Dharwad, Hubli, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
