The Shamrao Vithal Co-Operative Bank Ltd has branches in 1 districts in Delhi like New Delhi. Please select a district from the list below to see the branches in that district and to get the location, contact details, IFSC code, MICR code.

IFSC Codes of The Shamrao Vithal Co-Operative Bank Ltd in Delhi

Branch Name Branch Address IFSC Code MICR Code Bank City District State
East Patel Nagar 25/36, Ground Floor, East Patel Nagar, New Delhi-110008 SVCB0000251 110 089 003 The Shamrao Vithal Co-Operative Bank Ltd New Delhi New Delhi Delhi
Delhi G/4,Guru Amardas Bhavan,78-Nehru Place,New Delhi - 110019 SVCB0000250 110089002 The Shamrao Vithal Co-Operative Bank Ltd New Delhi New Delhi Delhi
Bharati Sahakari Bank-New Delhi A-4, Rohtak Road, High-Way 10, Paschim Vihar, New Delhi -
110 063.
SVCB0010015 110094282 The Shamrao Vithal Co-Operative Bank Ltd Delhi New Delhi Delhi

What is IFSC code of a bank?

Full form of IFSC code is Indian Financial System Code.
When you want to make a payment to an account you would need to mention an IFSC code along with the account number. IFSC code is used to identify a branch of a bank. An account number along with an IFSC code is used uniquely identify an account. This combination can be then used to make online fund transfer through NEFT or RTGS.
On the other hand, NEFT transactions generally take upto 2 hours to settle.

What is the use of MICR code?

MICR stands for Magnetic Ink Character Recognition. It appears on your cheque just after your cheque number. It is used to identify a particular branch of a bank in a city. It is a nine digit number of which first 3 digits stand for city, next 3 for bank and last 3 for branch.
The MICR code is used for clearing the cheques. A machine can read MICR code and quickly identify the exact branch where the account of the cheque issuers is held.

What is the time of Neft?

National Electronic Funds Transfer is used for transferring the funds online. The system is available from 8 in the morning till 7 in the evening and 1 in the afternoon. Any NEFT requests not cleared on a day are rolled over to the next day and cleared on next working day. If you want to transfer funds instantly use RTGS or IMPS instead. You can also use online wallets.