IFSC Code, MICR Codes for THE SHAMRAO VITHAL COOPERATIVE BANK in MAHARASHTRA - GREATER BOMBAY - MUMBAI - MATUNGA

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


IFSC Code

SVCB0000005

MICR Code

400089005

Branch

MATUNGA

Contact

24379927

Address

5KANARA HOUSEMOGAL LANEMAHIMMUMBAI-400 016

City

MUMBAI

District

GREATER BOMBAY

State

MAHARASHTRA





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

SVCB0000005

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.