IFSC Code, MICR Codes for THE SHAMRAO VITHAL COOPERATIVE BANK in MAHARASHTRA - SATARA - MEDHA - WAI URBAN COOP BK LTD MEDHA

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


IFSC Code

SVCB0016007

MICR Code

NA

Branch

WAI URBAN COOP BK LTD MEDHA

Contact

285377

Address

MARDHEKR BUILDING MEDHA TAL: JAWALI DIST: SATARA-412012

City

MEDHA

District

SATARA

State

MAHARASHTRA





What is IFSC Code of THE SHAMRAO VITHAL COOPERATIVE BANK situated at WAI URBAN COOP BK LTD MEDHA- RTGS-HO?
IFSC Code of THE SHAMRAO VITHAL COOPERATIVE BANK situated at WAI URBAN COOP BK LTD MEDHA - RTGS-HO is

SVCB0016007

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.