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IFSC Code of Vasai Vikas Sahakari Bank Limited, Bolinj, Thane, Maharashtra — VVSB0000011

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 Vasai Vikas Sahakari Bank Limited for its Bolinj branch in Thane, Thane, 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 Vasai Vikas Sahakari Bank Limited located in Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code VVSB0000011. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Vasai Vikas Sahakari Bank Limited, Bolinj, Thane

Here are some of the key details that come with the IFSC Code VVSB0000011 of Vasai Vikas Sahakari Bank Limited for its branch located in Thane, within the district of Thane in the state of Maharashtra.

Particulars Details
Bank Vasai Vikas Sahakari Bank Limited
IFSC Code VVSB0000011
Branch Bolinj
City Thane
District Thane
State Maharashtra
Address Shop No. H/11, 1St Floor, Kingston Tower, Above Dominos Pizza, Opposite Viva College, Virar (West), Dist. Thane

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 Thane for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code VVSB0000011 for the Bolinj 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 that is provided by the Reserve Bank of India. A unique IFSC like VVSB0000011 is given to every bank branch, including Vasai Vikas Sahakari Bank Limited located in Bolinj, Thane, 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 Thane.
  • 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 Thane 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 Bolinj doesn't end up at another location.

Format of the IFSC Code VVSB0000011

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 Bolinj in Thane.

For example, the IFSC Code VVSB0000011 of Vasai Vikas Sahakari Bank Limited for the Bolinj branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.

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

If you are trying to find the IFSC Code VVSB0000011 of Vasai Vikas Sahakari Bank Limited for its Bolinj branch located in Thane, the following methods can help:

Cheque Book

The cheque books that are issued by Vasai Vikas Sahakari Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Vasai Vikas Sahakari Bank Limited 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 Vasai Vikas Sahakari Bank Limited and find the branch locator section. Search for Bolinj or Thane to get the exact IFSC Code VVSB0000011.

Mobile Banking App

If you use Vasai Vikas Sahakari Bank Limited's mobile app, you can easily 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 to help you in searching for Vasai Vikas Sahakari Bank Limited and Thane that will provide accurate information.

How to Use IFSC Code VVSB0000011 for Online Transfers?

Once you have the IFSC Code VVSB0000011 for the Bolinj branch of Vasai Vikas Sahakari Bank Limited in Thane, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code VVSB0000011. 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 Vasai Vikas Sahakari Bank Limited IFSC Code VVSB0000011.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Vasai Vikas Sahakari Bank Limited Bolinj in Thane may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Vasai Vikas Sahakari Bank Limited in Bolinj, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Vasai Vikas Sahakari Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Thane 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 Bolinj, Thane?

The IFSC Code is VVSB0000011.

Is the IFSC Code VVSB0000011 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 Bolinj?

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 Bolinj branch?

The address of the branch is Shop No. H/11, 1St Floor, Kingston Tower, Above Dominos Pizza, Opposite Viva College, Virar (West), Dist. Thane 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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