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 Currey Road branch in Greater Bombay, Mumbai, 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 Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0000184. 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, Currey Road, Greater Bombay
Here are the main details that are associated with the IFSC Code SVCB0000184 of The Shamrao Vithal Cooperative Bank for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0000184 |
| Branch | Currey Road |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Shop No.3, Ground Floor, Govardhan Building, 275-A, N.M.Joshi Marg, Currey Road, Mumbai- 400013 |
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 Greater Bombay for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SVCB0000184 for the Currey Road 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, along with The Shamrao Vithal Cooperative Bank located in Currey Road, Greater Bombay, Maharashtra, are given a unique IFSC like SVCB0000184 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Greater Bombay.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Greater Bombay and Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to The Shamrao Vithal Cooperative Bank in Currey Road goes to the correct branch. This is important because The Shamrao Vithal Cooperative Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SVCB0000184
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 Currey Road in Greater Bombay.
For example, the IFSC Code SVCB0000184 of The Shamrao Vithal Cooperative Bank for the Currey Road branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra correctly.
How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?
If you are looking for the IFSC Code SVCB0000184 of The Shamrao Vithal Cooperative Bank for its Currey Road branch located in Greater Bombay, 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 Greater Bombay and Mumbai, 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 Currey Road or Greater Bombay to get the exact IFSC Code SVCB0000184.
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 Greater Bombay, then it will provide you proper information.
How to Use IFSC Code SVCB0000184 for Online Transfers?
Once you have the IFSC Code SVCB0000184 for the Currey Road 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 SVCB0000184. 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 SVCB0000184.
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 Currey Road 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 differ from IFSC codes. If you are looking for the MICR code of The Shamrao Vithal Cooperative Bank in Currey Road, 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 Greater Bombay to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0000184.
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 No.3, Ground Floor, Govardhan Building, 275-A, N.M.Joshi Marg, Currey Road, Mumbai- 400013 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.