SVCB0000123 IFSC Code, SVC CO-OPERATIVE BANK, MARGAO

IFSC Code of Svc Co-operative Bank, Margao, Goa IFSC CODE & MICR CODE

SVC CO-OPERATIVE BANK, MARGAO - SVCB0000123

  • Bank name: SVC CO-OPERATIVE BANK

Bank Address: Ground Floor, Shop No 1& 2, Vasant Arcade,comba, Margao, Goa- 403601

  • IFSC Code svcb0000123
  • Bank Code SVCB
  • Bank name SVC CO-OPERATIVE BANK
  • Bank contact number +919158332310
  • Bank branch MARGAO
  • Bank ISO3166 Code IN-GA
  • Bank Center SOUTH GOA
  • MICR Code 403089003
  • State name GOA
  • District name SOUTH GOA
  • City name MARGAO
  • Swift Swift not provided
  • IMPS No
  • NEFT No
  • UPI No
  • RTGS No

What is an IFSC Code?

The Indian Financial System Code (IFSC) is an 11-character alphanumeric code used to uniquely identify a bank branch for online fund transfers. The IFSC code for SVC CO-OPERATIVE BANK, MARGAO branch is SVCB0000123, ensures that your transactions are directed to the correct branch.

How to Use SVCB0000123 for Transactions?

  • NEFT: Use the IFSC code to transfer funds quickly to accounts in other banks.
  • RTGS: For high-value transactions, the IFSC code ensures your payment is processed instantly.
  • IMPS: The IFSC code allows 24/7 fund transfers, including weekends and holidays.

What is a MICR Code?

The Magnetic Ink Character Recognition (MICR) code is a 9-digit code used for processing paper-based transactions, such as cheques. For the MARGAO branch, this code complements the IFSC code for efficient banking operations.

Benefits of Using the Correct IFSC Code

  • Accuracy: Ensures your funds are directed to the right branch.
  • Security: Prevents fraudulent transactions by uniquely identifying each branch.