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 Vasai Vikas Sahakari Bank Limited for its Khadkeshwar branch in Aurangabad, Aurangabad, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Vasai Vikas Sahakari Bank Limited located in Aurangabad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code VVSB0000020. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Vasai Vikas Sahakari Bank Limited, Khadkeshwar, Aurangabad

Below in the table are the key details related to IFSC Code VVSB0000020 of Vasai Vikas Sahakari Bank Limited for its branch located in Aurangabad, within the district of Aurangabad in the state of Maharashtra.

Particulars Details
Bank Vasai Vikas Sahakari Bank Limited
IFSC Code VVSB0000020
Branch Khadkeshwar
City Aurangabad
District Aurangabad
State Maharashtra
Address Anjali Complex, Plot No 5-6/55/P, City Survey No 2963, Mill Corner, Khadkeshwar, Aurangabad

These details are important not only for users using online banking but also for businesses and individuals who use Vasai Vikas Sahakari Bank Limited in Aurangabad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code VVSB0000020 for the Khadkeshwar branch of Vasai Vikas Sahakari Bank Limited is vital.

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 Vasai Vikas Sahakari Bank Limited located in Khadkeshwar, Aurangabad, Maharashtra, are allotted a unique IFSC like VVSB0000020 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Aurangabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Aurangabad and Aurangabad.
  • 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 Vasai Vikas Sahakari Bank Limited in Khadkeshwar reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code VVSB0000020

The format of the IFSC Code for banks, including Vasai Vikas Sahakari Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Vasai Vikas Sahakari Bank Limited, 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 Khadkeshwar in Aurangabad.

For example, the IFSC Code VVSB0000020 of Vasai Vikas Sahakari Bank Limited for the Khadkeshwar branch includes these elements, identifying the bank and the branch location in Aurangabad and Maharashtra correctly.

How to Find IFSC Code for Vasai Vikas Sahakari Bank Limited?

To find the IFSC Code VVSB0000020 of Vasai Vikas Sahakari Bank Limited for its Khadkeshwar branch located in Aurangabad, the following methods can help you out:

Cheque Book

The cheque book issued by Vasai Vikas Sahakari Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Vasai Vikas Sahakari Bank Limited branches in Aurangabad and Aurangabad, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Vasai Vikas Sahakari Bank Limited and go to the branch locator section. Then search for Khadkeshwar or Aurangabad to find the exact IFSC Code VVSB0000020.

Mobile Banking App

If you use Vasai Vikas Sahakari Bank Limited'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 Vasai Vikas Sahakari Bank Limited and Aurangabad will provide accurate information.

How to Use IFSC Code VVSB0000020 for Online Transfers?

Once you have the IFSC Code VVSB0000020 for the Khadkeshwar branch of Vasai Vikas Sahakari Bank Limited in Aurangabad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code VVSB0000020. 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 Vasai Vikas Sahakari Bank Limited IFSC Code VVSB0000020.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Vasai Vikas Sahakari Bank Limited Khadkeshwar in Aurangabad, 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 Vasai Vikas Sahakari Bank Limited in Khadkeshwar, 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 Vasai Vikas Sahakari Bank Limited website.
  • Search the RBI portal.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of Vasai Vikas Sahakari Bank Limited in Khadkeshwar, Aurangabad?

The IFSC Code is VVSB0000020.

Is the IFSC Code VVSB0000020 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of Vasai Vikas Sahakari Bank Limited Khadkeshwar?

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

What is the full address of the Khadkeshwar branch?

The address of the branch is Anjali Complex, Plot No 5-6/55/P, City Survey No 2963, Mill Corner, Khadkeshwar, Aurangabad located in Aurangabad, Aurangabad, 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.