IFSC Code of The Shamrao Vithal Cooperative Bank, Ghatkopar(West), Mumbai, Maharashtra — SVCB0000053

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of The Shamrao Vithal Cooperative Bank for its Ghatkopar(West) branch in Greater Bombay, Mumbai, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today 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 SVCB0000053. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for The Shamrao Vithal Cooperative Bank, Ghatkopar(West), Greater Bombay

The table below shows the main details of the IFSC Code SVCB0000053 for the The Shamrao Vithal Cooperative Bank branch in Greater Bombay, which falls under the Mumbai district in Maharashtra.

These details help users in online banking and for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0000053 for the Ghatkopar(West) 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, 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 Ghatkopar(West), Greater Bombay, Maharashtra, is provided a unique IFSC like SVCB0000053 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 Ghatkopar(West) do not get misguided to another person.

Format of the IFSC Code SVCB0000053

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 Ghatkopar(West) in Greater Bombay.

For example, the IFSC Code SVCB0000053 of The Shamrao Vithal Cooperative Bank for the Ghatkopar(West) 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 SVCB0000053 of The Shamrao Vithal Cooperative Bank for its Ghatkopar(West) 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 Ghatkopar(West) or Greater Bombay to get the exact IFSC Code SVCB0000053.

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 SVCB0000053 for Online Transfers?

Once you have the IFSC Code SVCB0000053 for the Ghatkopar(West) branch of The Shamrao Vithal Cooperative Bank in Greater Bombay, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SVCB0000053. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and The Shamrao Vithal Cooperative Bank IFSC Code SVCB0000053.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Shamrao Vithal Cooperative Bank Ghatkopar(West) in Greater Bombay, it can 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 Ghatkopar(West), 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.