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-Parbhani branch in Parbhani, Parbhani, 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 Parbhani or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0009004. 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-Parbhani, Parbhani
Here are the main details that are associated with the IFSC Code SVCB0009004 of The Shamrao Vithal Cooperative Bank for its branch located in Parbhani, within the district of Parbhani in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0009004 |
| Branch | Omprakash Deora Peoples Coop Bk Hingoli-Parbhani |
| City | Parbhani |
| District | Parbhani |
| State | Maharashtra |
| Address | Kacchi Bazar, Parbhani-431401 Dist Parbhani |
These details are essential not only for online banking users but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Parbhani for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0009004 for the Omprakash Deora Peoples Coop Bk Hingoli-Parbhani 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, which is 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-Parbhani, Parbhani, Maharashtra, is provided a unique IFSC like SVCB0009004 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the The Shamrao Vithal Cooperative Bank branch in Parbhani.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Parbhani and Parbhani.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in Omprakash Deora Peoples Coop Bk Hingoli-Parbhani do not get misguided to another person.
Format of the IFSC Code SVCB0009004
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 Omprakash Deora Peoples Coop Bk Hingoli-Parbhani in Parbhani.
For example, the IFSC Code SVCB0009004 of The Shamrao Vithal Cooperative Bank for the Omprakash Deora Peoples Coop Bk Hingoli-Parbhani branch has these elements, identifying the bank and the branch location in Parbhani and Maharashtra correctly.
How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?
If you are looking for the IFSC Code SVCB0009004 of The Shamrao Vithal Cooperative Bank for its Omprakash Deora Peoples Coop Bk Hingoli-Parbhani branch located in Parbhani, the following methods can help:
Cheque Book
The cheque book that is issued by The Shamrao Vithal Cooperative Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including The Shamrao Vithal Cooperative Bank branches in Parbhani and Parbhani, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of The Shamrao Vithal Cooperative Bank and look for the branch locator section, then search for Omprakash Deora Peoples Coop Bk Hingoli-Parbhani or Parbhani to get the exact IFSC Code SVCB0009004.
Mobile Banking App
If you use The Shamrao Vithal Cooperative Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Shamrao Vithal Cooperative Bank and Parbhani, then it will provide you proper information.
How to Use IFSC Code SVCB0009004 for Online Transfers?
Once you have the IFSC Code SVCB0009004 for the Omprakash Deora Peoples Coop Bk Hingoli-Parbhani branch of The Shamrao Vithal Cooperative Bank in Parbhani, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SVCB0009004. The transfer is completed in batches instead of instantly. It is useful for both 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 SVCB0009004.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Shamrao Vithal Cooperative Bank Omprakash Deora Peoples Coop Bk Hingoli-Parbhani in Parbhani, your payment can get delayed or might not go through at all.
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-Parbhani, 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 Parbhani to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0009004.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Kacchi Bazar, Parbhani-431401 Dist Parbhani located in Parbhani, Parbhani, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.