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IFSC Code of The Shamrao Vithal Cooperative Bank, Jawahar Nagar- Goregaon, Mumbai, Maharashtra — SVCB0000140

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 Jawahar Nagar- Goregaon 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 SVCB0000140. 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, Jawahar Nagar- Goregaon, Greater Bombay

Here are the key points that are associated with the IFSC Code SVCB0000140 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 SVCB0000140
Branch Jawahar Nagar- Goregaon
City Greater Bombay
District Mumbai
State Maharashtra
Address City Survey No 598, Plot No 193,Ground Floor, Surag Residency, Jawahar Nagar, Road No 3, Goregaon West, Mumbai- 400062

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 SVCB0000140 for the Jawahar Nagar- Goregaon 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with The Shamrao Vithal Cooperative Bank located in Jawahar Nagar- Goregaon, Greater Bombay, Maharashtra, are allotted a unique IFSC like SVCB0000140 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 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 makes sure that money sent to The Shamrao Vithal Cooperative Bank in Jawahar Nagar- Goregaon reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SVCB0000140

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 Jawahar Nagar- Goregaon in Greater Bombay.

For example, the IFSC Code SVCB0000140 of The Shamrao Vithal Cooperative Bank for the Jawahar Nagar- Goregaon branch has 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 trying to find the IFSC Code SVCB0000140 of The Shamrao Vithal Cooperative Bank for its Jawahar Nagar- Goregaon branch located in Greater Bombay, 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

You can easily find the IFSC and MICR codes because most banks, including The Shamrao Vithal Cooperative Bank branches in Greater Bombay and Mumbai, print them 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 Jawahar Nagar- Goregaon or Greater Bombay to get the exact IFSC Code SVCB0000140.

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 Greater Bombay, you'll get the correct details.

How to Use IFSC Code SVCB0000140 for Online Transfers?

Once you have the IFSC Code SVCB0000140 for the Jawahar Nagar- Goregaon 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 SVCB0000140. 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 SVCB0000140.

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 Jawahar Nagar- Goregaon 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 Jawahar Nagar- Goregaon, 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 Greater Bombay manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Shamrao Vithal Cooperative Bank in Jawahar Nagar- Goregaon, Greater Bombay?

The IFSC Code is SVCB0000140.

Is the IFSC Code SVCB0000140 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of The Shamrao Vithal Cooperative Bank Jawahar Nagar- Goregaon?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Jawahar Nagar- Goregaon branch?

The address of the branch is City Survey No 598, Plot No 193,Ground Floor, Surag Residency, Jawahar Nagar, Road No 3, Goregaon West, Mumbai- 400062 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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