For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of The Shamrao Vithal Cooperative Bank for its Sircilla Urban Bk Yellareddy Pet branch in Karimnagar, Yellareddipet, Andhra Pradesh, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of The Shamrao Vithal Cooperative Bank located in Karimnagar or anywhere in Andhra Pradesh can transfer funds instantly by using the correct IFSC Code SVCB0025003. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for The Shamrao Vithal Cooperative Bank, Sircilla Urban Bk Yellareddy Pet, Karimnagar

Here are the key points that are associated with the IFSC Code SVCB0025003 of The Shamrao Vithal Cooperative Bank for its branch located in Karimnagar, within the district of Yellareddipet in the state of Andhra Pradesh.

Particulars Details
Bank The Shamrao Vithal Cooperative Bank
IFSC Code SVCB0025003
Branch Sircilla Urban Bk Yellareddy Pet
City Karimnagar
District Yellareddipet
State Andhra Pradesh
Address H No 10 252 By 1 Yellareddypet,505 303

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 Karimnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SVCB0025003 for the Sircilla Urban Bk Yellareddy Pet 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, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like SVCB0025003 is given to every bank branch, including The Shamrao Vithal Cooperative Bank located in Sircilla Urban Bk Yellareddy Pet, Karimnagar, Andhra Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the The Shamrao Vithal Cooperative Bank branch in Karimnagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Karimnagar and Yellareddipet.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Andhra Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in Sircilla Urban Bk Yellareddy Pet doesn't end up at another location.

Format of the IFSC Code SVCB0025003

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 Sircilla Urban Bk Yellareddy Pet in Karimnagar.

For example, the IFSC Code SVCB0025003 of The Shamrao Vithal Cooperative Bank for the Sircilla Urban Bk Yellareddy Pet branch includes these elements, identifying the bank and the branch location in Karimnagar and Andhra Pradesh accurately.

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

If you are trying to find the IFSC Code SVCB0025003 of The Shamrao Vithal Cooperative Bank for its Sircilla Urban Bk Yellareddy Pet branch located in Karimnagar, 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 Karimnagar and Yellareddipet, 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 Sircilla Urban Bk Yellareddy Pet or Karimnagar to get the exact IFSC Code SVCB0025003.

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 Karimnagar, you'll get the correct details.

How to Use IFSC Code SVCB0025003 for Online Transfers?

Once you have the IFSC Code SVCB0025003 for the Sircilla Urban Bk Yellareddy Pet branch of The Shamrao Vithal Cooperative Bank in Karimnagar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SVCB0025003. Transfers are processed in batches. This is 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. Requires the recipient's account details and The Shamrao Vithal Cooperative Bank IFSC Code SVCB0025003.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Shamrao Vithal Cooperative Bank Sircilla Urban Bk Yellareddy Pet in Karimnagar may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of The Shamrao Vithal Cooperative Bank in Sircilla Urban Bk Yellareddy Pet, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official The Shamrao Vithal Cooperative Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Karimnagar 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 Sircilla Urban Bk Yellareddy Pet, Karimnagar?

The IFSC Code is SVCB0025003.

Is the IFSC Code SVCB0025003 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 Sircilla Urban Bk Yellareddy Pet?

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 Sircilla Urban Bk Yellareddy Pet branch?

The address of the branch is H No 10 252 By 1 Yellareddypet,505 303 located in Karimnagar, Yellareddipet, Andhra Pradesh.

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.