IFSC Code, MICR Codes for THE SHAMRAO VITHAL COOPERATIVE BANK in MAHARASHTRA - HINGOLI - BASMATH - JAIPRAKASH NARYN NAG SAH BK BASMATH

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


IFSC Code

SVCB0031002

MICR Code

431897000

Branch

JAIPRAKASH NARYN NAG SAH BK BASMATH

Contact

222905

Address

SHREE CHATRAPATI SHIVAJI CHOWKPARBHANI ROAD BASMATHNAGAR 431512

City

BASMATH

District

HINGOLI

State

MAHARASHTRA





What is IFSC Code of THE SHAMRAO VITHAL COOPERATIVE BANK situated at JAIPRAKASH NARYN NAG SAH BK BASMATH- RTGS-HO?
IFSC Code of THE SHAMRAO VITHAL COOPERATIVE BANK situated at JAIPRAKASH NARYN NAG SAH BK BASMATH - RTGS-HO is

SVCB0031002

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.