IFSC Code of The Shamrao Vithal Cooperative Bank, Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad, Dharmabad, Maharashtra — SVCB0009016

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 Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad branch in Nanded, Dharmabad, 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 Nanded or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0009016. 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, Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad, Nanded

Here are the key points that are associated with the IFSC Code SVCB0009016 of The Shamrao Vithal Cooperative Bank for its branch located in Nanded, within the district of Dharmabad in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Nanded for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0009016 for the Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad 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 that is provided by the Reserve Bank of India. A unique IFSC like SVCB0009016 is given to every bank branch, including The Shamrao Vithal Cooperative Bank located in Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad, Nanded, Maharashtra, 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 Nanded.
• 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 Nanded and Dharmabad.
• 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad doesn't end up at another location.

Format of the IFSC Code SVCB0009016

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): Show the bank code. For The Shamrao Vithal Cooperative Bank, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad in Nanded.

For example, the IFSC Code SVCB0009016 of The Shamrao Vithal Cooperative Bank for the Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad branch includes these elements, identifying the bank and the branch location in Nanded and Maharashtra accurately.

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

If you are trying to find the IFSC Code SVCB0009016 of The Shamrao Vithal Cooperative Bank for its Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad branch located in Nanded, 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 Nanded and Dharmabad, 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-Dharmabad or Nanded to get the exact IFSC Code SVCB0009016.

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 Nanded that will provide accurate information.

How to Use IFSC Code SVCB0009016 for Online Transfers?

If you have the IFSC Code SVCB0009016 for the Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad branch of The Shamrao Vithal Cooperative Bank in Nanded, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SVCB0009016. 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 SVCB0009016.

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 Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad in Nanded, it 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 Omprakash Deora Peoples Coop Bk Hingoli-Dharmabad, 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 Nanded manage online transfers as well as cheque clearances with ease.