IFSC Code of The Shamrao Vithal Cooperative Bank, Ratnagiri, Ratnagiri, Maharashtra — SVCB0000117

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 Ratnagiri branch in Ratnagiri, Ratnagiri, 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 Ratnagiri or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0000117. 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, Ratnagiri, Ratnagiri

The table below shows the main details of the IFSC Code SVCB0000117 for the The Shamrao Vithal Cooperative Bank branch in Ratnagiri, which falls under the Ratnagiri district in Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Ratnagiri for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0000117 for the Ratnagiri 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with The Shamrao Vithal Cooperative Bank located in Ratnagiri, Ratnagiri, Maharashtra, are allotted a unique IFSC like SVCB0000117 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 Ratnagiri.
• 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 Ratnagiri reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SVCB0000117

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 Ratnagiri in Ratnagiri.

For example, the IFSC Code SVCB0000117 of The Shamrao Vithal Cooperative Bank for the Ratnagiri 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 SVCB0000117 of The Shamrao Vithal Cooperative Bank for its Ratnagiri branch located in Ratnagiri, 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 Ratnagiri and Ratnagiri, 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 Ratnagiri or Ratnagiri to get the exact IFSC Code SVCB0000117.

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 Ratnagiri, you'll get the correct details.

How to Use IFSC Code SVCB0000117 for Online Transfers?

Once you have the IFSC Code SVCB0000117 for the Ratnagiri 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 SVCB0000117. 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 SVCB0000117.

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 Ratnagiri in Ratnagiri, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of The Shamrao Vithal Cooperative Bank in Ratnagiri, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official The Shamrao Vithal Cooperative Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Ratnagiri manage online transfers as well as cheque clearances with ease.