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 Andheri East branch in Greater Bombay, Mumbai, Maharashtra, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0000065. 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, Andheri East, Greater Bombay
The table below shows the main details of the IFSC Code SVCB0000065 for the The Shamrao Vithal Cooperative Bank branch in Greater Bombay, which falls under the Mumbai district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0000065 |
| Branch | Andheri East |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Shop Nos.2, Bldg. No.F-2, Vijaynagarnityanand Marg,Vijaynagar Chs Ltd., Andheri (East), Mumbai-400069. |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Greater Bombay for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0000065 for the Andheri East branch of The Shamrao Vithal Cooperative Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including The Shamrao Vithal Cooperative Bank located in Andheri East, Greater Bombay, Maharashtra, is provided a unique IFSC like SVCB0000065 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the The Shamrao Vithal Cooperative Bank branch in Greater Bombay.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Greater Bombay and Mumbai.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in Andheri East do not get misguided to another person.
Format of the IFSC Code SVCB0000065
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 Andheri East in Greater Bombay.
For example, the IFSC Code SVCB0000065 of The Shamrao Vithal Cooperative Bank for the Andheri East branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra accurately.
How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?
To find the IFSC Code SVCB0000065 of The Shamrao Vithal Cooperative Bank for its Andheri East branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 Andheri East or Greater Bombay to find the exact IFSC Code SVCB0000065.
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 Greater Bombay will provide accurate information.
How to Use IFSC Code SVCB0000065 for Online Transfers?
Once you have the IFSC Code SVCB0000065 for the Andheri East branch of The Shamrao Vithal Cooperative Bank in Greater Bombay, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SVCB0000065. 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 SVCB0000065.
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 Andheri East in Greater Bombay, your payment can get delayed or might not go through at all.
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 Andheri East, 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 Greater Bombay manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0000065.
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 Shop Nos.2, Bldg. No.F-2, Vijaynagarnityanand Marg,Vijaynagar Chs Ltd., Andheri (East), Mumbai-400069. located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.