IFSC Code of VASAI VIKAS SAHAKARI BANK LIMITED PALGHAR

VVSB0000005

The IFSC Code of THANE THANE MAHARASHTRA is VVSB0000005. The MICR code of THANE THANE MAHARASHTRA of VASAI VIKAS SAHAKARI BANK LIMITED is 400803005.

The IFSC code (Indian Financial System Code) VVSB0000005 is an alphanumeric code that uniquely identifies the bank branch PALGHAR, THANE, MAHARASHTRA. The IFSC code VVSB0000005 is used in Electronic Funds Settlement Systems: RTGS or NEFT.

The full address of VASAI VIKAS SAHAKARI BANK LIMITED PALGHAR, THANE, MAHARASHTRA is MUDRA SHOPPING COMPLEX, KACHERI ROAD, PALGHAR (W), DIST. THANE - 401 404

Bank	VASAI VIKAS SAHAKARI BANK LIMITED
IFSC	VVSB0000005
MICR	400803005
Branch	PALGHAR
Address	MUDRA SHOPPING COMPLEX, KACHERI ROAD, PALGHAR (W), DIST. THANE - 401 404
Contact	251409
City	THANE
District	THANE
State	MAHARASHTRA

What is an IFSC Code?

IFSC (Indian Financial System Code) is an 11-digit alphanumeric code that has a number of uses in banking sector. It is an identification code related to a specific bank branch. All type of payment process i.e., RTGS, NEFT, and IMPS need an IFSC code to complete the fund transfer.

Sample IFSC Code

Bank Name	IFSC Code
Palghar	VVSB0000005
Canara Bank	CNRB0000791

How to Find IFSC Code VVSB0000005?

On Cheque Leaf & Passbook

You can find the IFSC code VVSB0000005 on the cheque book's leaf as well as on the passbook provided by your bank.

Bank's Official Website

A VVSB0000005 code can also be seen on the respective bank's official website

RBI Official Website

Another way to find IFSC code VVSB0000005 is from the official website of Reserve Bank of India, where you can see all the banks and respective branch list of IFSC codes.

Branch Locator Tool

Almost every bank's official website has included a branch locator tool. You can easily find here the IFSC code VVSB0000005 by using the tool and entering the state, city and branch name. Let's take an example, suppose you entered Uttar Pradesh in the state section and Ghaziabad in the City section and the Ghaziabad main branch in the branch name section. The tool will show you the correct IFSC code of the given branch

Uses of IFSC Code: VVSB0000005

Online Banking:- Also called internet banking or e-banking; allows you to make a transaction through the internet. It includes the following:

• NEFT:- It stands for National Electronic Fund Transfer. It allows users or customers to transfer funds from their bank account to recipient bank account of the same or different bank.
• RTGS:- Real Time Gross Settlement. It allows you to transfer a minimum limit of Rs 2 lakh rupees.
• IMPS:- Immediate Payment Service. It enables you to transfer funds in any time, meaning 24x7 and 365 days.
• Cross Bank Transfers:- The IFSC code is used to transfer funds between several banks even making use of the UPI (Unified Payment Interface).
• Automatic Payments:- You must have an IFSC code while setting up automatic payments.
• New Account Opening:- It is necessary to having an IFSC code when opening a new account or applying for a loan or linking a bank account.
• Tracking the Transactions:- The RBI requires for an IFSC code to track all the financial transactions.
• Low Risk of fraudness:- The IFSC code helps to reduce the risk of fraud, error, or hacking while transferring funds.

Format of IFSC Code: VVSB0000005

The 11 characters alphanumerical IFSC code is created in a flow where it denotes the first four characters as the bank’s name. The fifth character is zero (0), which can be used for future usage. The last six characters denote the branch of the respective bank.

V	V	S	B	0	0	0	0	0	0	5
Bank Code				Zero	Branch Code

Why IFSC Code VVSB0000005 is Required?

Before the online banking system and UPI payment method, funds were transferred using the traditional method. It required visiting the bank branch, filling up a form, and depositing the amount in the recipient’s bank account. With the advent of the internet, funds can now be transferred in just a few steps and within seconds.

Benefits of IFSC Code VVSB0000005

• Smooth Financial Transaction
• Rapid Funds Transferring Process
• Restricts the Risk of Fraud
• Enables Online Banking

How to Find MICR Code 400803005?

• You can easily find the MICR (Magnetic Ink Character Recognition) code on the bank passbook and on the cheque leaf.
• Another way to find the MICR code is by visiting the official website of your specific bank.

FAQs

PALGHAR Near By VASAI VIKAS SAHAKARI BANK LIMITED IFSC Code

The near by VASAI VIKAS SAHAKARI BANK LIMITED IFSC Codes of THANE are given below:

IFSC	Branch	Bank	District
VVSB0000001	RTGS HO	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000002	VASAI	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000003	VIRAR	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000004	NAVGHAR	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000006	SAPHALE	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000007	NALASOPARA	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000009	THANE	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000010	NARINGI	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000011	BOLINJ	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000012	MIRA ROAD	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000013	BOISAR	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000014	SATIVALI WALIV	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000015	BHAYANDER (W)	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000016	BARAMPUR	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000017	AGASHI	VASAI VIKAS SAHAKARI BANK LIMITED	THANE
VVSB0000018	EVERNSHINE	VASAI VIKAS SAHAKARI BANK LIMITED	THANE