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IFSC Code of The Shamrao Vithal Cooperative Bank, New Mondha, Shankar Nagari Sahkari Bk

View the The Shamrao Vithal Cooperative Bank IFSC and MICR Codes of Shankar Nagari Sahkari Bk branch, New Mondha, Maharashtra. The other details of The Shamrao Vithal Cooperative Bank Shankar Nagari Sahkari Bk branch such as address and phone number are also given below.

Shankar Nagari Sahkari Bk branch IFSC Code SVCB0023002

IFSC Code SVCB0023002
MICR Code 431811101
Branch Code 023002 (Last Six Characters of IFSC Code)
Bank Name The Shamrao Vithal Cooperative Bank
Branch Name Shankar Nagari Sahkari Bk
City New Mondha
District Nanded
State Maharashtra
Address Pokarn Complex, New Mondha, Nanded
Phone No. "022-71991468, 022-71991475 "
Eamil Address. NEFTSupport@svcbank.com

The Reserve Bank of India (RBI) has allotted IFSC Code to all The Shamrao Vithal Cooperative Bank banks and its The Shamrao Vithal Cooperative Bank branches in India. The The Shamrao Vithal Cooperative Bank IFSC Code of the bank is printed on the front page of the The Shamrao Vithal Cooperative Bank bank , Shankar Nagari Sahkari Bk branch passbook and found in the cheque leaf below the address field or on the RBI website. According to RBI instructions, a valid IFSC Code is mandatory for all kinds of fund transfers such as NEFT, RTGS and IMPS from one bank to another.

Table Of Contents

  • IFSC Code Uses
  • Structure of IFSC Code and sample cheque
  • How to search for IFSC and MICR Code
  • Frequently Asked Questions?

IFSC Code Uses

  • IFSC Code is used for NEFT (National Electronic Fund Transfer). NEFT is an electronic payment system which helps to transfer funds from any bank account to another account.
  • IFSC Code is used for RTGS (Real Time Gross Settlement. RTGS is a funds transfer system based on a gross settlement concept where money is transferred from one bank to another in real-time. A minimum limit of Rs.2 Lakh is transferred.
  • IMPS (Immediate Payment and Service) is an electronic fund transfer system which helps in payment or transfer of funds instantly within banks across India at all the time (24x365) through the internet.

Structure of IFSC Code and sample cheque

The 11 alphanumeric of IFSC Code is formed to identify the bank and its branch. The first four letters represent the bank name and the last six characters indicate the bank branch. The fifth character 0 (zero) is provided for future use.

1 2 3 4 5 6 7 8 9 10 11
S V C B 0 0 2 3 0 0 2
First four digits (in alphabets in capital letters) of IFSC code Bank Name The fifth digit is 0 (Zero) The last six digits (mostly in numeric, but few banks like Bank of Baroda, YES Bank are using alphabets capital letters) of IFSC code indicates Bank Branch Name.

Sample Cheque Format
Sample cheque

How to search for IFSC and MICR Code?

  • IFSC Code is printed on the first page or front page of the bank passbook where the account details are given and also mentioned in the cheque leaf below the address field.
  • IFSC Code is also published in the concerned bank official website.
  • All banks and its branch list of IFSC Code are published in Reserve Bank of India’s website.
  • MICR Code is printed on the bank passbook and also on the cheque leaf next to the cheque number.
  • MICR Code can be found on the bank’s official website.

Frequently asked questions The Shamrao Vithal Cooperative Bank, Shankar Nagari Sahkari Bk branch, New Mondha, Maharashtra

  • What is the IFSC Code of The Shamrao Vithal Cooperative BankShankar Nagari Sahkari Bk branch?
    SVCB0023002 is the IFSC Code of The Shamrao Vithal Cooperative Bank, Shankar Nagari Sahkari Bk branch, New Mondha,Maharashtra.
  • What is the address of this IFSC Code: SVCB0023002?
    The address of this IFSC Code: SVCB0023002 is The Shamrao Vithal Cooperative Bank, Shankar Nagari Sahkari Bk branch, New Mondha,Maharashtra
  • In which State this IFSC Code: SVCB0023002 HDFC Bank is located?
    This The Shamrao Vithal Cooperative Bank is located in the State of Maharashtra.
  • In which District this IFSC Code: SVCB0023002  The Shamrao Vithal Cooperative Bank is located?
    The Shamrao Vithal Cooperative Bank is located in Nanded District.
  • What is the branch name of this IFSC Code: SVCB0023002?
    The last six characters of this IFSC code: SVCB0023002 reveals that it is Shankar Nagari Sahkari Bk branch.