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IFSC Code of The Shamrao Vithal Cooperative Bank, Hindustan Coop Bk- Ambernath East, Thane, Maharashtra — SVCB0001029

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 Hindustan Coop Bk- Ambernath East branch in Thane, Thane, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0001029. 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, Hindustan Coop Bk- Ambernath East, Thane

Here are the key points that are associated with the IFSC Code SVCB0001029 of The Shamrao Vithal Cooperative Bank for its branch located in Thane, within the district of Thane in the state of Maharashtra.

Particulars Details
Bank The Shamrao Vithal Cooperative Bank
IFSC Code SVCB0001029
Branch Hindustan Coop Bk- Ambernath East
City Thane
District Thane
State Maharashtra
Address Shop No. 2, 3 & 4, Ground Floor, Dhawalgiri Aprt, 43A, Survey No 8776, Vadavali Section, Ambernath East, Thane- 421501

These details helps users in online banking and for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0001029 for the Hindustan Coop Bk- Ambernath East 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 Hindustan Coop Bk- Ambernath East, Thane, Maharashtra, are allotted a unique IFSC like SVCB0001029 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 confusion between different branches of the same bank in places like Thane and Thane.
  • 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 Hindustan Coop Bk- Ambernath East reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code SVCB0001029

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 Hindustan Coop Bk- Ambernath East in Thane.

For example, the IFSC Code SVCB0001029 of The Shamrao Vithal Cooperative Bank for the Hindustan Coop Bk- Ambernath East 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 SVCB0001029 of The Shamrao Vithal Cooperative Bank for its Hindustan Coop Bk- Ambernath East 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 Thane, 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 Hindustan Coop Bk- Ambernath East or Thane to find the exact IFSC Code SVCB0001029.

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 SVCB0001029 for Online Transfers?

If you have the IFSC Code SVCB0001029 for the Hindustan Coop Bk- Ambernath East branch of The Shamrao Vithal Cooperative Bank in Thane, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SVCB0001029. 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 SVCB0001029.

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 Hindustan Coop Bk- Ambernath East in Thane, 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 Hindustan Coop Bk- Ambernath East, 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.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Shamrao Vithal Cooperative Bank in Hindustan Coop Bk- Ambernath East, Thane?

The IFSC Code is SVCB0001029.

Is the IFSC Code SVCB0001029 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of The Shamrao Vithal Cooperative Bank Hindustan Coop Bk- Ambernath East?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Hindustan Coop Bk- Ambernath East branch?

The address of the branch is Shop No. 2, 3 & 4, Ground Floor, Dhawalgiri Aprt, 43A, Survey No 8776, Vadavali Section, Ambernath East, Thane- 421501 located in Thane, Thane, 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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