IFSC Code SVCB0023002:

Overview of SVCB0023002

The IFSC code SVCB0023002 is associated with the Nanded Shankar Nagari Sahakari Bank IMPS Branch of Shankar Nagari Sahakari Bank. Located in the bustling city of Nanded, MAHARASHTRA, this branch is one of the many Shankar Nagari Sahakari Bank branches that cater to the banking needs of the local residents. The code "SVCB" in SVCB0023002 represents Shankar Nagari Sahakari Bank Bank, while 0023002 signifies the unique branch code for Shankar Nagari Sahakari Bank IMPS.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like SVCB0023002, for the Shankar Nagari Sahakari Bank IMPS Branch, cannot be overstated. It acts as an address that identifies both the Shankar Nagari Sahakari Bank and its specific branch in Nanded. 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 SVCB0023002

The IFSC code SVCB0023002 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Shankar Nagari Sahakari Bank in Nanded. Let's break down the details:

• IFSC Code (SVCB0023002): This unique code is essential for electronic fund transfers. The first four characters "SVCB" represent the bank's name, Shankar Nagari Sahakari Bank. The last six characters "0023002" are a unique identifier for the Shankar Nagari Sahakari Bank IMPS branch.
• Bank Name (Shankar Nagari Sahakari Bank): One of [country]'s leading banks, Shankar Nagari Sahakari Bank offers a wide range of banking products and financial services to its vast customer base.
• Address (POKARN COMPLEX, NEW MONDHA, NANDED): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
• City & State (Nanded, MAHARASHTRA): The branch is situated in the heart of Nanded, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
• Branch (Shankar Nagari Sahakari Bank IMPS): The [AREA_NAME] area in Nanded is a hub of activity, and the Shankar Nagari Sahakari Bank branch here caters to both individual and business banking needs.
• Phone Number (+912466285566): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.