IFSC Code, MICR Codes for THE SHAMRAO VITHAL COOPERATIVE BANK in MAHARASHTRA - NANDED - NEW MONDHA - SHANKAR NAGARI SAHKARI BK NANDED

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


IFSC Code

SVCB0023002

MICR Code

431811101

Branch

SHANKAR NAGARI SAHKARI BK NANDED

Contact

285566

Address

POKARN COMPLEX NEW MONDHA NANDED

City

NEW MONDHA

District

NANDED

State

MAHARASHTRA





What is IFSC Code of THE SHAMRAO VITHAL COOPERATIVE BANK situated at SHANKAR NAGARI SAHKARI BK NANDED- RTGS-HO?
IFSC Code of THE SHAMRAO VITHAL COOPERATIVE BANK situated at SHANKAR NAGARI SAHKARI BK NANDED - RTGS-HO is

SVCB0023002

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.