IFSC Code of The Shamrao Vithal Cooperative Bank, The Revdanda Co-Op Urban Bank Ltd- Revdanda, Revdanda, Maharashtra — SVCB0042002

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 The Revdanda Co-Op Urban Bank Ltd- Revdanda branch in Raigad, Revdanda, 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 Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0042002. 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, The Revdanda Co-Op Urban Bank Ltd- Revdanda, Raigad

Below in the table are the key details related to IFSC Code SVCB0042002 of The Shamrao Vithal Cooperative Bank for its branch located in Raigad, within the district of Revdanda in the state of Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Raigad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SVCB0042002 for the The Revdanda Co-Op Urban Bank Ltd- Revdanda branch of The Shamrao Vithal Cooperative Bank is vital.

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 SVCB0042002 is given to every bank branch, including The Shamrao Vithal Cooperative Bank located in The Revdanda Co-Op Urban Bank Ltd- Revdanda, Raigad, 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 Raigad.
• 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 Raigad and Revdanda.
• 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 The Revdanda Co-Op Urban Bank Ltd- Revdanda doesn't end up at another location.

Format of the IFSC Code SVCB0042002

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 The Revdanda Co-Op Urban Bank Ltd- Revdanda in Raigad.

For example, the IFSC Code SVCB0042002 of The Shamrao Vithal Cooperative Bank for the The Revdanda Co-Op Urban Bank Ltd- Revdanda branch has these elements, identifying the bank and the branch location in Raigad and Maharashtra correctly.

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

If you are trying to find the IFSC Code SVCB0042002 of The Shamrao Vithal Cooperative Bank for its The Revdanda Co-Op Urban Bank Ltd- Revdanda branch located in Raigad, 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 Raigad and Revdanda, 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 The Revdanda Co-Op Urban Bank Ltd- Revdanda or Raigad to get the exact IFSC Code SVCB0042002.

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 Raigad, you'll get the correct details.

How to Use IFSC Code SVCB0042002 for Online Transfers?

Once you have the IFSC Code SVCB0042002 for the The Revdanda Co-Op Urban Bank Ltd- Revdanda branch of The Shamrao Vithal Cooperative Bank in Raigad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SVCB0042002. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and The Shamrao Vithal Cooperative Bank IFSC Code SVCB0042002.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Shamrao Vithal Cooperative Bank The Revdanda Co-Op Urban Bank Ltd- Revdanda in Raigad, it can 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 The Revdanda Co-Op Urban Bank Ltd- Revdanda, 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.