IFSC Code, MICR Codes for THE SHAMRAO VITHAL COOPERATIVE BANK in ANDHRA PRADESH - HYDERABAD - HYDERABAD - HYDERABAD

THE SHAMRAO VITHAL COOPERATIVE BANK RTGS HO Branch in HYDERABAD - Address, IFSC, MICR Code


IFSC Code

SVCB0000301

MICR Code

500089002

Branch

HYDERABAD

Contact

23352057

Address

AMRUTHA ESTATES SOMAJIGUDA NEAR ERRAMANZIL BUS STOP HYDERABAD ANDHRA PRADESH 500 082

City

HYDERABAD

District

HYDERABAD

State

ANDHRA PRADESH





What is IFSC Code of THE SHAMRAO VITHAL COOPERATIVE BANK situated at HYDERABAD- RTGS-HO?
IFSC Code of THE SHAMRAO VITHAL COOPERATIVE BANK situated at HYDERABAD - RTGS-HO is

SVCB0000301

What is the meaning of IFSC Code, MICR Codes in Banking industry?
IFSC or Indian Financial System Code is the code allocated to all banks branches. Bank branches use this code to participate in RTGS and NEFT transactions.

What is the significance of IFSC Code and how we can use it?
IFSC Code is a 11 digit code and we can use this code to communicate between different branches of different banks. Upon receiving the request for fund transfer it is easy for a bank to identify the payee branch. First four characters are code of bank, last six digits are branch code and fifth character is left 0, for any future use.