Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Shamrao Vithal Cooperative Bank for its Hindustan Coop Bk-Kalamboli┬Á branch in Raigad, Kalamboli, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of The Shamrao Vithal Cooperative Bank located in Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0001006. You should definitely 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, Hindustan Coop Bk-Kalamboli┬Á, Raigad
Here are the main details that are associated with the IFSC Code SVCB0001006 of The Shamrao Vithal Cooperative Bank for its branch located in Raigad, within the district of Kalamboli in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Shamrao Vithal Cooperative Bank |
| IFSC Code | SVCB0001006 |
| Branch | Hindustan Coop Bk-Kalamboli┬Á |
| City | Raigad |
| District | Kalamboli |
| State | Maharashtra |
| Address | Hindusthan Bank Bhavan, Sector No.8, Plot No.11, Opp. M.G.M. Hospital, Kalamboli, Navi Mumbai 410 218. |
These details helps users in online banking and for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Raigad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0001006 for the Hindustan Coop Bk-Kalamboli┬Á 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 provided by the Reserve Bank of India. Every bank branch, along with The Shamrao Vithal Cooperative Bank located in Hindustan Coop Bk-Kalamboli┬Á, Raigad, Maharashtra, are allotted a unique IFSC like SVCB0001006 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raigad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Raigad and Kalamboli.
- 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 Hindustan Coop Bk-Kalamboli┬Á reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code SVCB0001006
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 Hindustan Coop Bk-Kalamboli┬Á in Raigad.
For example, the IFSC Code SVCB0001006 of The Shamrao Vithal Cooperative Bank for the Hindustan Coop Bk-Kalamboli┬Á branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra accurately.
How to Find IFSC Code for The Shamrao Vithal Cooperative Bank?
To find the IFSC Code SVCB0001006 of The Shamrao Vithal Cooperative Bank for its Hindustan Coop Bk-Kalamboli┬Á branch located in Raigad, the following methods can help you out:
Cheque Book
The cheque book issued by The Shamrao Vithal Cooperative Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including The Shamrao Vithal Cooperative Bank branches in Raigad and Kalamboli, 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 go to the branch locator section. Then search for Hindustan Coop Bk-Kalamboli┬Á or Raigad to find the exact IFSC Code SVCB0001006.
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 maintains an updated database of all IFSC codes. Searching for The Shamrao Vithal Cooperative Bank and Raigad will provide accurate information.
How to Use IFSC Code SVCB0001006 for Online Transfers?
Once you have the IFSC Code SVCB0001006 for the Hindustan Coop Bk-Kalamboli┬Á branch of The Shamrao Vithal Cooperative Bank in Raigad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SVCB0001006. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 SVCB0001006.
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 Hindustan Coop Bk-Kalamboli┬Á in Raigad, 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 Hindustan Coop Bk-Kalamboli┬Á, 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 Raigad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SVCB0001006.
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 Hindusthan Bank Bhavan, Sector No.8, Plot No.11, Opp. M.G.M. Hospital, Kalamboli, Navi Mumbai 410 218. located in Raigad, Kalamboli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.