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 Mira Road branch in Mira-Bhayandar, Thane, 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 Mira-Bhayandar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code VVSB0000012. 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, Mira Road, Mira-Bhayandar
Below in the table are the key details related to IFSC Code VVSB0000012 of Vasai Vikas Sahakari Bank Limited for its branch located in Mira-Bhayandar, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Vasai Vikas Sahakari Bank Limited |
| IFSC Code | VVSB0000012 |
| Branch | Mira Road |
| City | Mira-Bhayandar |
| District | Thane |
| State | Maharashtra |
| Address | Govind Shantinagar C.H.S, Flat No.1 & Shop No.12/13/14, Sector 5, Near Jain Mandir, Bldg. No. B-31, Ground Floor, Mira Road, Dist Thane. |
These details are crucial, not just for online banking users but also for businesses and individuals who use Vasai Vikas Sahakari Bank Limited in Mira-Bhayandar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code VVSB0000012 for the Mira Road branch of Vasai Vikas Sahakari Bank Limited 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 that is provided by the Reserve Bank of India. A unique IFSC like VVSB0000012 is given to every bank branch, including Vasai Vikas Sahakari Bank Limited located in Mira Road, Mira-Bhayandar, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Vasai Vikas Sahakari Bank Limited branch in Mira-Bhayandar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Mira-Bhayandar and Thane.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Vasai Vikas Sahakari Bank Limited in Mira Road doesn't end up at another location.
Format of the IFSC Code VVSB0000012
This is the format of the IFSC Code for banks, including Vasai Vikas Sahakari Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Vasai Vikas Sahakari Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Mira Road in Mira-Bhayandar.
For example, the IFSC Code VVSB0000012 of Vasai Vikas Sahakari Bank Limited for the Mira Road branch includes these elements, identifying the bank and the branch location in Mira-Bhayandar and Maharashtra accurately.
How to Find IFSC Code for Vasai Vikas Sahakari Bank Limited?
If you are trying to find the IFSC Code VVSB0000012 of Vasai Vikas Sahakari Bank Limited for its Mira Road branch located in Mira-Bhayandar, the following methods can help:
Cheque Book
The cheque book issued by Vasai Vikas Sahakari Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Vasai Vikas Sahakari Bank Limited branches in Mira-Bhayandar and Thane, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Vasai Vikas Sahakari Bank Limited and navigate to the branch locator section. Search for Mira Road or Mira-Bhayandar to get the exact IFSC Code VVSB0000012.
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 keeps an updated list of all IFSC codes. If you search for Vasai Vikas Sahakari Bank Limited and Mira-Bhayandar, you'll get the correct details.
How to Use IFSC Code VVSB0000012 for Online Transfers?
If you have the IFSC Code VVSB0000012 for the Mira Road branch of Vasai Vikas Sahakari Bank Limited in Mira-Bhayandar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code VVSB0000012. 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 Vasai Vikas Sahakari Bank Limited IFSC Code VVSB0000012.
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 Vasai Vikas Sahakari Bank Limited Mira Road in Mira-Bhayandar, 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 Vasai Vikas Sahakari Bank Limited in Mira Road, 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 Vasai Vikas Sahakari Bank Limited website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Mira-Bhayandar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is VVSB0000012.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Govind Shantinagar C.H.S, Flat No.1 & Shop No.12/13/14, Sector 5, Near Jain Mandir, Bldg. No. B-31, Ground Floor, Mira Road, Dist Thane. located in Mira-Bhayandar, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.