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IFSC Code of The Shamrao Vithal Cooperative Bank, Bharati Sahakari Bank-Solapur, Solapur, Maharashtra — SVCB0010009

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 Bharati Sahakari Bank-Solapur branch in Solapur, Solapur, 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 Solapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0010009. 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, Bharati Sahakari Bank-Solapur, Solapur

Below in the table are the key details related to IFSC Code SVCB0010009 of The Shamrao Vithal Cooperative Bank for its branch located in Solapur, within the district of Solapur in the state of Maharashtra.

Particulars Details
Bank The Shamrao Vithal Cooperative Bank
IFSC Code SVCB0010009
Branch Bharati Sahakari Bank-Solapur
City Solapur
District Solapur
State Maharashtra
Address Bharati Vidyapeeth Educational Complex, Vijapur Road, Solapur - 413 001.

These details are essential not only for online banking users but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Solapur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0010009 for the Bharati Sahakari Bank-Solapur 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including The Shamrao Vithal Cooperative Bank located in Bharati Sahakari Bank-Solapur, Solapur, Maharashtra, is provided a unique IFSC like SVCB0010009 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the The Shamrao Vithal Cooperative Bank branch in Solapur.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Solapur and Solapur.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in Bharati Sahakari Bank-Solapur do not get misguided to another person.

Format of the IFSC Code SVCB0010009

The format of the IFSC Code for banks, including The Shamrao Vithal Cooperative Bank, has 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 Bharati Sahakari Bank-Solapur in Solapur.

For example, the IFSC Code SVCB0010009 of The Shamrao Vithal Cooperative Bank for the Bharati Sahakari Bank-Solapur branch includes these elements, identifying the bank and the branch location in Solapur and Maharashtra correctly.

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

If you are trying to find the IFSC Code SVCB0010009 of The Shamrao Vithal Cooperative Bank for its Bharati Sahakari Bank-Solapur branch located in Solapur, 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

Most banks, including The Shamrao Vithal Cooperative Bank branches in Solapur and Solapur, print the IFSC and MICR codes 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 Bharati Sahakari Bank-Solapur or Solapur to get the exact IFSC Code SVCB0010009.

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 Solapur, you'll get the correct details.

How to Use IFSC Code SVCB0010009 for Online Transfers?

If you have the IFSC Code SVCB0010009 for the Bharati Sahakari Bank-Solapur branch of The Shamrao Vithal Cooperative Bank in Solapur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SVCB0010009. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and The Shamrao Vithal Cooperative Bank IFSC Code SVCB0010009.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Shamrao Vithal Cooperative Bank Bharati Sahakari Bank-Solapur in Solapur, it may 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 Bharati Sahakari Bank-Solapur, 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 Solapur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Shamrao Vithal Cooperative Bank in Bharati Sahakari Bank-Solapur, Solapur?

The IFSC Code is SVCB0010009.

Is the IFSC Code SVCB0010009 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of The Shamrao Vithal Cooperative Bank Bharati Sahakari Bank-Solapur?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Bharati Sahakari Bank-Solapur branch?

The address of the branch is Bharati Vidyapeeth Educational Complex, Vijapur Road, Solapur - 413 001. located in Solapur, Solapur, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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