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 Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar branch in Hingoli, Aundha Nagnath, 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 Hingoli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0009006. 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, Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar, Hingoli

Below in the table are the key details related to IFSC Code SVCB0009006 of The Shamrao Vithal Cooperative Bank for its branch located in Hingoli, within the district of Aundha Nagnath in the state of Maharashtra.

Particulars Details
Bank The Shamrao Vithal Cooperative Bank
IFSC Code SVCB0009006
Branch Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar
City Hingoli
District Aundha Nagnath
State Maharashtra
Address At Post Jawala Bazar-431705 Talukaaundha Nagnath, Dist Hingoli

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 Hingoli for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SVCB0009006 for the Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar 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, 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 Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar, Hingoli, Maharashtra, is provided a unique IFSC like SVCB0009006 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 Hingoli.
  • 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 Hingoli and Aundha Nagnath.
  • 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 Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar do not get misguided to another person.

Format of the IFSC Code SVCB0009006

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 Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar in Hingoli.

For example, the IFSC Code SVCB0009006 of The Shamrao Vithal Cooperative Bank for the Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar branch includes these elements, identifying the bank and the branch location in Hingoli and Maharashtra accurately.

How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?

If you are trying to find the IFSC Code SVCB0009006 of The Shamrao Vithal Cooperative Bank for its Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar branch located in Hingoli, the following methods can help:

Cheque Book

The cheque books that are issued by The Shamrao Vithal Cooperative Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including The Shamrao Vithal Cooperative Bank branches in Hingoli and Aundha Nagnath, 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 find the branch locator section. Search for Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar or Hingoli to get the exact IFSC Code SVCB0009006.

Mobile Banking App

If you use The Shamrao Vithal Cooperative Bank's mobile app, you can easily 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 to help you in searching for The Shamrao Vithal Cooperative Bank and Hingoli that will provide accurate information.

How to Use IFSC Code SVCB0009006 for Online Transfers?

Once you have the IFSC Code SVCB0009006 for the Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar branch of The Shamrao Vithal Cooperative Bank in Hingoli, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SVCB0009006. 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 SVCB0009006.

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 Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar in Hingoli, 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 Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar, 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 Hingoli 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 Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar, Hingoli?

The IFSC Code is SVCB0009006.

Is the IFSC Code SVCB0009006 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of The Shamrao Vithal Cooperative Bank Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar?

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

What is the full address of the Omprakash Deora Peoples Coop Bk Hingoli-Jawala Bazar branch?

The address of the branch is At Post Jawala Bazar-431705 Talukaaundha Nagnath, Dist Hingoli located in Hingoli, Aundha Nagnath, 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.