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IFSC Code of The Shamrao Vithal Cooperative Bank, Hindustan Coop Bk-Mhada Cly, Mulund┬Á, Mumbai, Maharashtra — SVCB0001011

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 Hindustan Coop Bk-Mhada Cly, Mulund┬Á 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 SVCB0001011. 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, Hindustan Coop Bk-Mhada Cly, Mulund┬Á, Greater Bombay

Here are some of the key details that come with the IFSC Code SVCB0001011 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 SVCB0001011
Branch Hindustan Coop Bk-Mhada Cly, Mulund┬Á
City Greater Bombay
District Mumbai
State Maharashtra
Address Mulund Mukti Tower, Mhada Colony, Mulund (E), Mumbai 400 081.

These details helps 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 SVCB0001011 for the Hindustan Coop Bk-Mhada Cly, Mulund┬Á branch of The Shamrao Vithal Cooperative Bank plays a vital 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 Hindustan Coop Bk-Mhada Cly, Mulund┬Á, Greater Bombay, Maharashtra, is provided a unique IFSC like SVCB0001011 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 Hindustan Coop Bk-Mhada Cly, Mulund┬Á do not get misguided to another person.

Format of the IFSC Code SVCB0001011

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 Hindustan Coop Bk-Mhada Cly, Mulund┬Á in Greater Bombay.

For example, the IFSC Code SVCB0001011 of The Shamrao Vithal Cooperative Bank for the Hindustan Coop Bk-Mhada Cly, Mulund┬Á 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 SVCB0001011 of The Shamrao Vithal Cooperative Bank for its Hindustan Coop Bk-Mhada Cly, Mulund┬Á 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 Hindustan Coop Bk-Mhada Cly, Mulund┬Á or Greater Bombay to find the exact IFSC Code SVCB0001011.

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 SVCB0001011 for Online Transfers?

Once you have the IFSC Code SVCB0001011 for the Hindustan Coop Bk-Mhada Cly, Mulund┬Á 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 SVCB0001011. 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 SVCB0001011.

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 Hindustan Coop Bk-Mhada Cly, Mulund┬Á 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 Hindustan Coop Bk-Mhada Cly, Mulund┬Á, 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)

What is the IFSC Code of The Shamrao Vithal Cooperative Bank in Hindustan Coop Bk-Mhada Cly, Mulund┬Á, Greater Bombay?

The IFSC Code is SVCB0001011.

Is the IFSC Code SVCB0001011 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of The Shamrao Vithal Cooperative Bank Hindustan Coop Bk-Mhada Cly, Mulund┬Á?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Hindustan Coop Bk-Mhada Cly, Mulund┬Á branch?

The address of the branch is Mulund Mukti Tower, Mhada Colony, Mulund (E), Mumbai 400 081. located in Greater Bombay, Mumbai, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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