IFSC Code of The Shamrao Vithal Cooperative Bank, Abhinav Sahkari Bk-Kharghar, New Bombay, Maharashtra — SVCB0007014

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 Abhinav Sahkari Bk-Kharghar branch in Thane, New Bombay, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0007014. 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, Abhinav Sahkari Bk-Kharghar, Thane

Here are some of the key details that come with the IFSC Code SVCB0007014 of The Shamrao Vithal Cooperative Bank for its branch located in Thane, within the district of New Bombay in the state of 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 Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0007014 for the Abhinav Sahkari Bk-Kharghar 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 Abhinav Sahkari Bk-Kharghar, Thane, Maharashtra, are given a unique IFSC like SVCB0007014 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Thane.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Thane and New Bombay.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to The Shamrao Vithal Cooperative Bank in Abhinav Sahkari Bk-Kharghar goes to the correct branch. This is important because The Shamrao Vithal Cooperative Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code SVCB0007014

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): 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 Abhinav Sahkari Bk-Kharghar in Thane.

For example, the IFSC Code SVCB0007014 of The Shamrao Vithal Cooperative Bank for the Abhinav Sahkari Bk-Kharghar branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

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

To find the IFSC Code SVCB0007014 of The Shamrao Vithal Cooperative Bank for its Abhinav Sahkari Bk-Kharghar branch located in Thane, the following methods can help you out:

Cheque Book

The cheque book issued by The Shamrao Vithal Cooperative Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including The Shamrao Vithal Cooperative Bank branches in Thane and New Bombay, 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 go to the branch locator section. Then search for Abhinav Sahkari Bk-Kharghar or Thane to find the exact IFSC Code SVCB0007014.

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 maintains an updated database of all IFSC codes. Searching for The Shamrao Vithal Cooperative Bank and Thane will provide accurate information.

How to Use IFSC Code SVCB0007014 for Online Transfers?

Once you have the IFSC Code SVCB0007014 for the Abhinav Sahkari Bk-Kharghar branch of The Shamrao Vithal Cooperative Bank in Thane, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SVCB0007014. 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 SVCB0007014.

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 Abhinav Sahkari Bk-Kharghar in Thane, 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 Abhinav Sahkari Bk-Kharghar, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Thane manage online transfers as well as cheque clearances with ease.