IFSC Code of The Shamrao Vithal Cooperative Bank, Chiplun Urban Bank-Shrigaon, Chiplun, Maharashtra — SVCB0006005

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-Shrigaon branch in Ratnagiri, Chiplun, 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 SVCB0006005. 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-Shrigaon, Ratnagiri

Below in the table are the key details related to IFSC Code SVCB0006005 of The Shamrao Vithal Cooperative Bank for its branch located in Ratnagiri, within the district of Chiplun in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Ratnagiri for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0006005 for the Chiplun Urban Bank-Shrigaon 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 Chiplun Urban Bank-Shrigaon, Ratnagiri, Maharashtra, are allotted a unique IFSC like SVCB0006005 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 Chiplun.
• 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-Shrigaon reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SVCB0006005

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-Shrigaon in Ratnagiri.

For example, the IFSC Code SVCB0006005 of The Shamrao Vithal Cooperative Bank for the Chiplun Urban Bank-Shrigaon 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 trying to find the IFSC Code SVCB0006005 of The Shamrao Vithal Cooperative Bank for its Chiplun Urban Bank-Shrigaon branch located in Ratnagiri, the following methods can help:

Cheque Book

The cheque books that are issued by The Shamrao Vithal Cooperative Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including The Shamrao Vithal Cooperative Bank branches in Ratnagiri and Chiplun, 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 find the branch locator section. Search for Chiplun Urban Bank-Shrigaon or Ratnagiri to get the exact IFSC Code SVCB0006005.

Mobile Banking App

If you use The Shamrao Vithal Cooperative Bank's mobile app, you can easily 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 to help you in searching for The Shamrao Vithal Cooperative Bank and Ratnagiri that will provide accurate information.

How to Use IFSC Code SVCB0006005 for Online Transfers?

Once you have the IFSC Code SVCB0006005 for the Chiplun Urban Bank-Shrigaon branch of The Shamrao Vithal Cooperative Bank in Ratnagiri, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SVCB0006005. 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 SVCB0006005.

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 Chiplun Urban Bank-Shrigaon in Ratnagiri, 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 Chiplun Urban Bank-Shrigaon, 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.