IFSC Code of The Shamrao Vithal Cooperative Bank, Sahyadri Sahakari Bank-Bhiwandi, Bhiwandi, Maharashtra — SVCB0013008

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 Sahyadri Sahakari Bank-Bhiwandi branch in Thane, Bhiwandi, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code SVCB0013008. 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, Sahyadri Sahakari Bank-Bhiwandi, Thane

Below in the table are the key details related to IFSC Code SVCB0013008 of The Shamrao Vithal Cooperative Bank for its branch located in Thane, within the district of Bhiwandi in the state of Maharashtra.

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 SVCB0013008 for the Sahyadri Sahakari Bank-Bhiwandi 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, 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 Sahyadri Sahakari Bank-Bhiwandi, Thane, Maharashtra, is provided a unique IFSC like SVCB0013008 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 Thane.
• 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 Thane and Bhiwandi.
• 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 Sahyadri Sahakari Bank-Bhiwandi do not get misguided to another person.

Format of the IFSC Code SVCB0013008

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 Sahyadri Sahakari Bank-Bhiwandi in Thane.

For example, the IFSC Code SVCB0013008 of The Shamrao Vithal Cooperative Bank for the Sahyadri Sahakari Bank-Bhiwandi 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 looking for the IFSC Code SVCB0013008 of The Shamrao Vithal Cooperative Bank for its Sahyadri Sahakari Bank-Bhiwandi branch located in Thane, the following methods can help:

Cheque Book

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

Passbook

Most of the banks, including The Shamrao Vithal Cooperative Bank branches in Thane and Bhiwandi, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of The Shamrao Vithal Cooperative Bank and look for the branch locator section, then search for Sahyadri Sahakari Bank-Bhiwandi or Thane to get the exact IFSC Code SVCB0013008.

Mobile Banking App

If you use The Shamrao Vithal Cooperative Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Shamrao Vithal Cooperative Bank and Thane, then it will provide you proper information.

How to Use IFSC Code SVCB0013008 for Online Transfers?

Once you have the IFSC Code SVCB0013008 for the Sahyadri Sahakari Bank-Bhiwandi branch of The Shamrao Vithal Cooperative Bank in Thane, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SVCB0013008. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SVCB0013008.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Shamrao Vithal Cooperative Bank Sahyadri Sahakari Bank-Bhiwandi in Thane, your payment can get delayed or might not go through at all.

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 Sahyadri Sahakari Bank-Bhiwandi, 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 Thane to handle online money transfers and get their cheques cleared smoothly.