Shivalik Mercantile Co Operative Bank Limited

RBI has allotted the Indian Financial System Code in short denoted as IFSC codes to all the bank branches in India. IFSC codes are unique 11-digit codes with alphanumeric characters. These codes help the users to ensure that the transferred funds go to the right person, without any errors.

For example, we can take the IFSC code: "SMCB0001000" of the Shivalik Mercantile Cooperative Bank Limited branch in Saharanpur, Uttar Pradesh.

• Here, the first four alphabets, SMCB, indicate the bank name, i.e., Shivalik Mercantile Cooperative Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits 001000 - denotes a particular branch of Saharanpur, Uttar Pradesh.

This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Shivalik Mercantile Cooperative Bank Limited account or to other bank accounts. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via NEFT and RTGS to any bank in India. This code helps to avoid the risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches the right account holder at the specified branch.

Easy way to find Shivalik Mercantile Cooperative Bank Limited IFSC Code and MICR Code?

The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Shivalik Mercantile Cooperative Bank Limited. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter on the bank's official website.

Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes.

Shivalik Mercantile Co Operative Bank Limited Branch Details

• Madhya Pradesh

• Uttar Pradesh

ABOUT SHIVALIK MERCANTILE COOPERATIVE BANK

• Shivalik Mercantile Cooperative Bank Limited was established with a single branch in Saharanpur, Uttar Pradesh on 5 September 1998. Shivalik Mercantile Cooperative Bank Limited is shortly denoted as Shivalik MCB. It was the first Small Finance Bank in India's history to transition from an Urban Co-operative Bank.


• The bank has over 23 years of banking experience in offering retail banking products and services. It has been technology focussed since inception with consumer centricity as a key guiding principle. The bank is powered by Infosys Finacle Core Banking and Digital Banking Suite including internet and mobile banking.


• The cloud-based architecture provides the bank with unmatched agility to cost effectively manage scale and power growth. It is live on all retail payment platforms and is a direct member of the National Financial Switch. The bank is proud to serve its 4.5 Lakh unique customers via 31 branches, 250 banking agents and 15,000 self-help groups across Uttar Pradesh, Madhya Pradesh, Delhi and Uttarakhand.


• The vision of the bank is to be a trusted financial services provider and model employer focusing on small and underserved segments through the delivery of digitally focused, affordable products and differentiated customer experience.


• The logo of the Shivalik Bank blends in the various aspects from nature with the company goals. The image icon in the picture represents earth (the small green mountain/triangle) and sky (the blue on top). It also can note reach for the sky as there is an upward arrow. These aspects hold significance with the company ideals as Shivalik Bank aims for reaching the sky with its feet firmly placed in the ground.

ADDRESS:
Shivalik Mercantile Cooperative Bank Limited,
Shivaji Marg, Jawahar Nagar, Khargone,
Madhya Pradesh 451001.
For further details contact:072822 32425