IFSC Code SVCB0000007:

Overview of SVCB0000007

The IFSC code SVCB0000007 is associated with the Mumbai SAKINAKA Branch of SVC Co-operative Bank. Located in the bustling city of Mumbai, MAHARASHTRA, this branch is one of the many SVC Co-operative Bank branches that cater to the banking needs of the local residents. The code "SVCB" in SVCB0000007 represents SVC Co-operative Bank Bank, while 0000007 signifies the unique branch code for SAKINAKA.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SVCB0000007, for the SAKINAKA Branch, cannot be overstated. It acts as an address that identifies both the SVC Co-operative Bank and its specific branch in Mumbai. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into SVCB0000007

The IFSC code SVCB0000007 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with SVC Co-operative Bank in Mumbai. Let's break down the details:

• IFSC Code (SVCB0000007): This unique code is essential for electronic fund transfers. The first four characters "SVCB" represent the bank's name, SVC Co-operative Bank. The last six characters "0000007" are a unique identifier for the SAKINAKA branch.
• Bank Name (SVC Co-operative Bank): One of [country]'s leading banks, SVC Co-operative Bank offers a wide range of banking products and financial services to its vast customer base.
• Address (SHOP NO. 11, 12, 30, 31, GROUND FLOOR, SAGAR TECH PLAZA A PREMISES CHS LTD., VILLAGE MOHILI, ANDHERI KURLA ROAD, SAKINAKA, MUMBAI - 400072): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
• City & State (Mumbai, MAHARASHTRA): The branch is situated in the heart of Mumbai, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
• Branch (SAKINAKA): The [AREA_NAME] area in Mumbai is a hub of activity, and the SVC Co-operative Bank branch here caters to both individual and business banking needs.
• Phone Number (+912228522508): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.