Latest details of Ifsc: Svcb0055003
THE SHAMRAO VITHAL COOPERATIVE BANK
Branch name : APPASAHEB BIRNALE SAHAKARI BANK LTD- MARKET YARD- SANGLI
Contact Information
Address: CHAMBER OF COMMERCE, MARKET YARD, SANGLI 416416
Contact number: 2671801
Bank Details
IFSC code can be used for RTGS, IMPS and NEFT transactions
Last six characters of IFSC Code make a Branch code.
IFSC Code
Indian Financial System Code (IFSC) is an 11-character code used for electronic payments through RTGS, NEFT, and IMPS. The code structure:
- • First 4 characters: Bank identifier
- • 5th character: Reserved (0)
- • Last 6 characters: Branch code
MICR Code
MICR (Magnetic Ink Character Recognition) code is printed on cheques to facilitate automated processing. This code helps identify the bank and branch during cheque clearing processes.
These codes are essential for secure and accurate electronic fund transfers within the Indian banking system.
