Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Vasai Vikas Sahakari Bank Limited for its Saphale branch in Thane, Thane, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Vasai Vikas Sahakari Bank Limited located in Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code VVSB0000006. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Vasai Vikas Sahakari Bank Limited, Saphale, Thane
Here are some of the key details that come with the IFSC Code VVSB0000006 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 | VVSB0000006 |
| Branch | Saphale |
| City | Thane |
| District | Thane |
| State | Maharashtra |
| Address | Devbhoomi Commercial Complex, Near Saphale Station, Saphale (E), Dist. Thane - 401 102 |
These details help users in online banking and for businesses and individuals who use Vasai Vikas Sahakari Bank Limited in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code VVSB0000006 for the Saphale branch of Vasai Vikas Sahakari Bank Limited has a very 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, along with Vasai Vikas Sahakari Bank Limited located in Saphale, Thane, Maharashtra, are allotted a unique IFSC like VVSB0000006 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thane.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Thane and Thane.
- 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 Saphale reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code VVSB0000006
The format of the IFSC Code for banks, including Vasai Vikas Sahakari Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Vasai Vikas Sahakari Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Saphale in Thane.
For example, the IFSC Code VVSB0000006 of Vasai Vikas Sahakari Bank Limited for the Saphale branch has 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 looking for the IFSC Code VVSB0000006 of Vasai Vikas Sahakari Bank Limited for its Saphale branch located in Thane, the following methods can help:
Cheque Book
The cheque book that is issued by Vasai Vikas Sahakari Bank Limited 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 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
You can visit the official website of Vasai Vikas Sahakari Bank Limited and look for the branch locator section, then search for Saphale or Thane to get the exact IFSC Code VVSB0000006.
Mobile Banking App
If you use Vasai Vikas Sahakari Bank Limited'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 Vasai Vikas Sahakari Bank Limited and Thane, then it will provide you proper information.
How to Use IFSC Code VVSB0000006 for Online Transfers?
Once you have the IFSC Code VVSB0000006 for the Saphale branch of Vasai Vikas Sahakari Bank Limited in Thane, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code VVSB0000006. 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 VVSB0000006.
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 Saphale in Thane, 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 Saphale, 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 Thane to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is VVSB0000006.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Devbhoomi Commercial Complex, Near Saphale Station, Saphale (E), Dist. Thane - 401 102 located in Thane, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.