IFSC Code of The Shamrao Vithal Cooperative Bank, Chiplun Urban Bank-Abloli, Abloli, Maharashtra — SVCB0006010

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 Chiplun Urban Bank-Abloli branch in Ratnagiri, Abloli, 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 Ratnagiri or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0006010. 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, Chiplun Urban Bank-Abloli, Ratnagiri

Here are some of the key details that come with the IFSC Code SVCB0006010 of The Shamrao Vithal Cooperative Bank for its branch located in Ratnagiri, within the district of Abloli 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 Ratnagiri for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code SVCB0006010 for the Chiplun Urban Bank-Abloli 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 provided by the Reserve Bank of India. Every bank branch, along with The Shamrao Vithal Cooperative Bank located in Chiplun Urban Bank-Abloli, Ratnagiri, Maharashtra, are allotted a unique IFSC like SVCB0006010 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Ratnagiri.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Ratnagiri and Abloli.
• 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 Chiplun Urban Bank-Abloli reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SVCB0006010

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

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For The Shamrao Vithal Cooperative Bank, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Chiplun Urban Bank-Abloli in Ratnagiri.

For example, the IFSC Code SVCB0006010 of The Shamrao Vithal Cooperative Bank for the Chiplun Urban Bank-Abloli branch includes these elements, identifying the bank and the branch location in Ratnagiri and Maharashtra accurately.

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

If you are looking for the IFSC Code SVCB0006010 of The Shamrao Vithal Cooperative Bank for its Chiplun Urban Bank-Abloli branch located in Ratnagiri, 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 Ratnagiri and Abloli, 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 Chiplun Urban Bank-Abloli or Ratnagiri to get the exact IFSC Code SVCB0006010.

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 Ratnagiri, then it will provide you proper information.

How to Use IFSC Code SVCB0006010 for Online Transfers?

Once you have the IFSC Code SVCB0006010 for the Chiplun Urban Bank-Abloli branch of The Shamrao Vithal Cooperative Bank in Ratnagiri, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SVCB0006010. 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 SVCB0006010.

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 Chiplun Urban Bank-Abloli in Ratnagiri, 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 Chiplun Urban Bank-Abloli, 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 Ratnagiri to handle online money transfers and get their cheques cleared smoothly.