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 Sri Bharathi Coop Bk-Himayathngr branch in Hyderabad, Hyderabad, Andhra Pradesh, 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 Hyderabad or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SVCB0017002. 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, Sri Bharathi Coop Bk-Himayathngr, Hyderabad
The table below shows the main details of the IFSC Code SVCB0017002 for the The Shamrao Vithal Cooperative Bank branch in Hyderabad, which falls under the Hyderabad district in Andhra Pradesh.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0017002 |
| Branch | Sri Bharathi Coop Bk-Himayathngr |
| City | Hyderabad |
| District | Hyderabad |
| State | Andhra Pradesh |
| Address | Sundara Sadan,3-4-462/5,St. No. 5,Himayatnagar, Hyderabad 500 026 |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Hyderabad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0017002 for the Sri Bharathi Coop Bk-Himayathngr branch of The Shamrao Vithal Cooperative Bank has an important 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, including The Shamrao Vithal Cooperative Bank located in Sri Bharathi Coop Bk-Himayathngr, Hyderabad, Andhra Pradesh, is provided with a unique IFSC like SVCB0017002 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the The Shamrao Vithal Cooperative Bank branch in Hyderabad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Hyderabad and Hyderabad.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Andhra Pradesh and the rest of India and the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in Sri Bharathi Coop Bk-Himayathngr do not get mixed with another location.
Format of the IFSC Code SVCB0017002
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 Sri Bharathi Coop Bk-Himayathngr in Hyderabad.
For example, the IFSC Code SVCB0017002 of The Shamrao Vithal Cooperative Bank for the Sri Bharathi Coop Bk-Himayathngr branch has these elements, identifying the bank and the branch location in Hyderabad and Andhra Pradesh correctly.
How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?
To find the IFSC Code SVCB0017002 of The Shamrao Vithal Cooperative Bank for its Sri Bharathi Coop Bk-Himayathngr branch located in Hyderabad, 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 Hyderabad and Hyderabad, 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 Sri Bharathi Coop Bk-Himayathngr or Hyderabad to find the exact IFSC Code SVCB0017002.
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 Hyderabad will provide accurate information.
How to Use IFSC Code SVCB0017002 for Online Transfers?
If you have the IFSC Code SVCB0017002 for the Sri Bharathi Coop Bk-Himayathngr branch of The Shamrao Vithal Cooperative Bank in Hyderabad, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SVCB0017002. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and The Shamrao Vithal Cooperative Bank IFSC Code SVCB0017002.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Shamrao Vithal Cooperative Bank Sri Bharathi Coop Bk-Himayathngr in Hyderabad, it may 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 Sri Bharathi Coop Bk-Himayathngr, 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 Hyderabad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0017002.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Sundara Sadan,3-4-462/5,St. No. 5,Himayatnagar, Hyderabad 500 026 located in Hyderabad, Hyderabad, Andhra Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
