IFSC Code of The Shamrao Vithal Cooperative Bank, Hindustan Coop Bk-Kolsewadi,Kly(E), Kalyan, Maharashtra — SVCB0001007

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of The Shamrao Vithal Cooperative Bank for its Hindustan Coop Bk-Kolsewadi,Kly(E) branch in Thane, Kalyan, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of The Shamrao Vithal Cooperative Bank situated in Thane or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code SVCB0001007. You should 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-Kolsewadi,Kly(E), Thane

Here are the main details that are associated with the IFSC Code SVCB0001007 of The Shamrao Vithal Cooperative Bank for its branch located in Thane, within the district of Kalyan in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use The Shamrao Vithal Cooperative Bank in Thane for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SVCB0001007 for the Hindustan Coop Bk-Kolsewadi,Kly(E) branch of The Shamrao Vithal Cooperative Bank has 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, including The Shamrao Vithal Cooperative Bank located in Hindustan Coop Bk-Kolsewadi,Kly(E), Thane, Maharashtra, is provided with a unique IFSC like SVCB0001007 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the The Shamrao Vithal Cooperative Bank branch in Thane.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Thane and Kalyan.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Shamrao Vithal Cooperative Bank in Hindustan Coop Bk-Kolsewadi,Kly(E) do not get mixed with another location.

Format of the IFSC Code SVCB0001007

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 Hindustan Coop Bk-Kolsewadi,Kly(E) in Thane.

For example, the IFSC Code SVCB0001007 of The Shamrao Vithal Cooperative Bank for the Hindustan Coop Bk-Kolsewadi,Kly(E) 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?

If you are trying to find the IFSC Code SVCB0001007 of The Shamrao Vithal Cooperative Bank for its Hindustan Coop Bk-Kolsewadi,Kly(E) branch located in Thane, 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 Thane and Kalyan, 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 Hindustan Coop Bk-Kolsewadi,Kly(E) or Thane to get the exact IFSC Code SVCB0001007.

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 Thane, you'll get the correct details.

How to Use IFSC Code SVCB0001007 for Online Transfers?

Once you have the IFSC Code SVCB0001007 for the Hindustan Coop Bk-Kolsewadi,Kly(E) branch of The Shamrao Vithal Cooperative Bank in Thane, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SVCB0001007. Transfers are processed in batches. This is 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. Requires the recipient's account details and The Shamrao Vithal Cooperative Bank IFSC Code SVCB0001007.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Shamrao Vithal Cooperative Bank Hindustan Coop Bk-Kolsewadi,Kly(E) in Thane 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-Kolsewadi,Kly(E), 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.