IFSC Code: Svcb0000115

Bank: The Shamrao Vithal Cooperative Bank Ltd
IFSC Code: Svcb0000115
MICR Code: 431089004
Address: Plot No.P-102, Meenatai Thakre Market, Bajaj Nagar, Maharanapratap Chowk, Waluj Aurangabad 431136.
City: Aurangabad
District: Waluj
State: Maharashtra

IFSC is acronym of Indian Financial System Code. IFSC code is an alphanumeric code which is used to electronically transfer funds in India. This code uniquely identifies each bank branch participating in the two main Payment and settlement systems in India: (1.) the Real Time Gross Settlement (RTGS) and (2.) the National Electronic Fund Transfer (NEFT) systems.

The IFSC code is an 11-character code. Of which first four are alphabetic characters and last six are usually numeric but it can be alphabetic too.

First four characters represent bank name and last six characters represent branch. Eleventh character is reserved for future use.

Let's decode IFSC code Svcb0000115.

  • In our case IFSC code's first four characters Svcb represents bank The Shamrao Vithal Cooperative Bank Ltd.
  • Remaining characters which are 0000115 represents branch. In our case branch is located at address Plot No.P-102, Meenatai Thakre Market, Bajaj Nagar, Maharanapratap Chowk, Waluj Aurangabad 431136..

The easiest way to find IFSC code is to check your

  1. Bank account statement
  2. Cheques

Please examine below sample cheque for more details

I hope this clears doubts.