IFSC Code, MICR Codes for THE SHAMRAO VITHAL COOPERATIVE BANK in KARNATAKA - BANGALORE URBAN - BANGALORE - BANASHANKARI

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


IFSC Code

SVCB0000154

MICR Code

560089012

Branch

BANASHANKARI

Contact

26791859

Address

2927TH BLOCK4TH STAGE3RD PHASE100 FEET ROAD BANASHANKARI BANGALORE-560 085

City

BANGALORE

District

BANGALORE URBAN

State

KARNATAKA





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

SVCB0000154

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.