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 Bharati Sahakari Bank- Baner Pune Branch IFSC/MICR Code Details
Bank Name THE SHAMRAO VITHAL COOPERATIVE BANK
Address SR. NO. 6324 BHAGVATI SUVARNA BUILDING, SHOP NO. 2C, OPP. RACHANA BEVERLY HILLS, PUNE 411045
State MAHARASHTRA
District PUNE
Branch BHARATI SAHAKARI BANK- BANER
IFSC Code SVCB0010023
Branch Code 010023 (Last six characters of IFSC code represent Branch code.)
MICR Code 411355008
Contact Phone 8482818187
via https://bankingzone.in/ifsc

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