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IFSC Code of Vasai Vikas Sahakari Bank Limited, Virar, Thane, Maharashtra — VVSB0000003

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Vasai Vikas Sahakari Bank Limited for its Virar branch in Thane, Thane, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly 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 VVSB0000003. 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, Virar, Thane

The table below shows the main details of the IFSC Code VVSB0000003 for the Vasai Vikas Sahakari Bank Limited branch in Thane, which falls under the Thane district in Maharashtra.

Particulars Details
Bank Vasai Vikas Sahakari Bank Limited
IFSC Code VVSB0000003
Branch Virar
City Thane
District Thane
State Maharashtra
Address Thakur Arcade, Near Railway Station, Virar (W), Dist Thane - 401 303

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 VVSB0000003 for the Virar 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 that is provided by the Reserve Bank of India. A unique IFSC like VVSB0000003 is given to every bank branch, including Vasai Vikas Sahakari Bank Limited located in Virar, 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 Virar doesn't end up at another location.

Format of the IFSC Code VVSB0000003

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 Virar in Thane.

For example, the IFSC Code VVSB0000003 of Vasai Vikas Sahakari Bank Limited for the Virar branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

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

To find the IFSC Code VVSB0000003 of Vasai Vikas Sahakari Bank Limited for its Virar branch located in Thane, 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 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 go to the branch locator section. Then search for Virar or Thane to find the exact IFSC Code VVSB0000003.

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 Thane will provide accurate information.

How to Use IFSC Code VVSB0000003 for Online Transfers?

If you have the IFSC Code VVSB0000003 for the Virar branch of Vasai Vikas Sahakari Bank Limited in Thane, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code VVSB0000003. 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 VVSB0000003.

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 Virar in Thane, 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 Virar, 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)

What is the IFSC Code of Vasai Vikas Sahakari Bank Limited in Virar, Thane?

The IFSC Code is VVSB0000003.

Is the IFSC Code VVSB0000003 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Virar branch?

The address of the branch is Thakur Arcade, Near Railway Station, Virar (W), Dist Thane - 401 303 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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