What is an IFSC code?


Indian Financial System Code (IFSC). It is used for electronic payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service, an interbank electronic instant mobile money transfer service (IMPS), and Centralised Funds Management System (CFMS) developed by Reserve Bank of India (RBI). The code has eleven characters "Alpha Numeric" in nature. First four characters represent bank, fifth character is default "0" left for future use and last six characters represent branch.

What is a MICR code?
MICR Code: Magnetic Ink Character Recognition as printed on cheque book to facilitate the processing of cheques.

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The Shamrao Vithal Cooperative Bank Guardian Bank -begur Branch Bangalore Urban Branch IFSC/MICR Code Details
Bank Name THE SHAMRAO VITHAL COOPERATIVE BANK
Address NO.1625, AMALODBAVA NAGAR,OPP-ST.FRANCIS SCHOOL, BEGUR MAIN ROAD,BEGUR,BANGALORE-560068
State KARNATAKA
District BANGALORE URBAN
Branch GUARDIAN BANK -BEGUR BRANCH
IFSC Code SVCB0002002
Branch Code 002002 (Last six characters of IFSC code represent Branch code.)
MICR Code 560234252
Contact Phone 25742233
via https://bankingzone.in/ifsc

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