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IFSC Code of The Shamrao Vithal Cooperative Bank, Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan, Hadgaon, Maharashtra — SVCB0009020

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 Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan branch in Nanded, Hadgaon, Maharashtra, 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 Nanded or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0009020. 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, Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan, Nanded

The table below shows the main details of the IFSC Code SVCB0009020 for the The Shamrao Vithal Cooperative Bank branch in Nanded, which falls under the Hadgaon district in Maharashtra.

Particulars Details
Bank The Shamrao Vithal Cooperative Bank
IFSC Code SVCB0009020
Branch Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan
City Nanded
District Hadgaon
State Maharashtra
Address Main Road,Hadgoan-431712,Tal Hadgoan, Distnanded

These details are essential not only for online banking users but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Nanded for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0009020 for the Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan branch of The Shamrao Vithal Cooperative Bank plays 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 Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan, Nanded, Maharashtra, is provided with a unique IFSC like SVCB0009020 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 Nanded.
  • 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 Nanded and Hadgaon.
  • 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan do not get mixed with another location.

Format of the IFSC Code SVCB0009020

This is the format of the IFSC Code for banks, including The Shamrao Vithal Cooperative Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For The Shamrao Vithal Cooperative Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan in Nanded.

For example, the IFSC Code SVCB0009020 of The Shamrao Vithal Cooperative Bank for the Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan 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 SVCB0009020 of The Shamrao Vithal Cooperative Bank for its Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan branch located in Nanded, 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 Nanded and Hadgaon, 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 Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan or Nanded to get the exact IFSC Code SVCB0009020.

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 Nanded, you'll get the correct details.

How to Use IFSC Code SVCB0009020 for Online Transfers?

If you have the IFSC Code SVCB0009020 for the Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan 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 SVCB0009020. 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 SVCB0009020.

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-Hadgoan in Nanded, 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 Omprakash Deora Peoples Coop Bk Hingoli-Hadgoan, 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 Nanded 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-Hadgoan, Nanded?

The IFSC Code is SVCB0009020.

Is the IFSC Code SVCB0009020 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-Hadgoan?

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-Hadgoan branch?

The address of the branch is Main Road,Hadgoan-431712,Tal Hadgoan, Distnanded located in Nanded, Hadgaon, 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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