There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of The Shamrao Vithal Cooperative Bank for its Ahmednagar Shahar S Bk- Nashik branch in Nasik, Nashik, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of The Shamrao Vithal Cooperative Bank situated in Nasik or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SVCB0008021. You should 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, Ahmednagar Shahar S Bk- Nashik, Nasik
Here are the key points that are associated with the IFSC Code SVCB0008021 of The Shamrao Vithal Cooperative Bank for its branch located in Nasik, within the district of Nashik in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0008021 |
| Branch | Ahmednagar Shahar S Bk- Nashik |
| City | Nasik |
| District | Nashik |
| State | Maharashtra |
| Address | Shop No. 2,3 & 4, Shriji Kunj Apartment,Patahrdi Road, Indira Nagar, Nashik- 422009 |
These details are essential not only for online banking users but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Nasik for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0008021 for the Ahmednagar Shahar S Bk- Nashik 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, along with The Shamrao Vithal Cooperative Bank located in Ahmednagar Shahar S Bk- Nashik, Nasik, Maharashtra, are allotted a unique IFSC like SVCB0008021 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Nasik.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Nasik and Nashik.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to The Shamrao Vithal Cooperative Bank in Ahmednagar Shahar S Bk- Nashik reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SVCB0008021
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 Ahmednagar Shahar S Bk- Nashik in Nasik.
For example, the IFSC Code SVCB0008021 of The Shamrao Vithal Cooperative Bank for the Ahmednagar Shahar S Bk- Nashik branch includes these elements, identifying the bank and the branch location in Nasik and Maharashtra accurately.
How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?
If you are trying to find the IFSC Code SVCB0008021 of The Shamrao Vithal Cooperative Bank for its Ahmednagar Shahar S Bk- Nashik branch located in Nasik, 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 Nasik and Nashik, 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 Ahmednagar Shahar S Bk- Nashik or Nasik to get the exact IFSC Code SVCB0008021.
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 Nasik, you'll get the correct details.
How to Use IFSC Code SVCB0008021 for Online Transfers?
If you have the IFSC Code SVCB0008021 for the Ahmednagar Shahar S Bk- Nashik branch of The Shamrao Vithal Cooperative Bank in Nasik, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SVCB0008021. 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 SVCB0008021.
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 Ahmednagar Shahar S Bk- Nashik in Nasik, 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 Ahmednagar Shahar S Bk- Nashik, 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 Nasik manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0008021.
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 Shop No. 2,3 & 4, Shriji Kunj Apartment,Patahrdi Road, Indira Nagar, Nashik- 422009 located in Nasik, Nashik, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.