What is IFSC Code of Shivalik Mercantile Co Operative Bank Indore Branch in Indore, Madhya Pradesh ?
The Indian Financial System Code (IFSC) is an alphanumeric code that uniquely identifies a Bank-Branch participating in National Electronic Funds Transfer (NEFT) and Real Time Gross Settlement (RTGS) Electronic Funds Settlement Systems in India. IFSC Code of Shivalik Bank is provided by RBI. Shivalik Bank IFSC Code identifies branch which participate in online fund transfers. IFSC code Shivalik Mercantile Co Operative Bank Branch is a unique code for branch. Shivalik Bank IFSC Code consists of 11 Characters:
(ex. AAAA00654321)
• First 4 characters represent the entity (AAAAxxxxxxx)
• Fifth position has been defaulted with a '0' (Zero) for future use (xxxx0xxxxxx)
• Last 6 character denotes the branch identity (xxxxx654321)
Shivalik Mercantile Co Operative Bank Indore Branch IFSC Code SMCB0001010 & MICR 452721001 Madhya Pradesh State Indore District located Shivalik Bank Indore Branch Address is 100, JAORA COMPOUND, BHAGWATI PALACE, INDORE MP 452001 Contact No 2704268 Shivalik Bank Indore email id ifsc code is SMCB0001010 & micr is 452721001
What is SWIFT CODE of Shivalik Bank Indore Branch in Indore, Madhya Pradesh ?
The Society for Worldwide Interbank Financial Telecommunication (SWIFT) (also known as ISO 9362, SWIFT-BIC, BIC code, SWIFT ID or SWIFT code) is approved by the International Organization for Standardization (ISO). It is a unique identification code for both financial and non-financial institutions. When assigned to a non-financial institution, a code may also be known as a Business Entity Identifier or BEI. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks. The codes can sometimes be found on account statements. SWIFT and BIC codes are basically the same. The SWIFT code is 8 or 11 characters
Example: AAAAUK5CXXX
• AAAA 4 letters: Institution Code or bank code.
• UK 2 letters: ISO 3166-1 alpha-2 country code
• 5C 2 letters or digits: location code
• If the second character is "0", then it is typically a test BIC as opposed to a BIC used on the live network.
• If the second character is "1", then it denotes a passive participant in the SWIFT network
• If the second character is "2", then it typically indicates a reverse billing BIC, where the recipient pays for the message as opposed to the more usual mode whereby the sender pays for the message.
• XXX 3 letters or digits: branch code, optional ('XXX' for primary office)
Where an 8-digit code is given, it may be assumed that it refers to the primary office.
Shivalik Mercantile Co Operative Bank of Indore Branch IFSC code SMCB0001010, MICR NO 452721001 is in Indore district of Madhya Pradesh State. Shivalik Bank Customer care email [email protected], [email protected]. Shivalik Mercantile Co Operative Bank Customer care phone number .
How to use Shivalik Bank Indore Branch SWIFT, BIC Code in Indore, Madhya Pradesh
Bank Identifier Code (BIC), SWIFT codes and Routing Code are basically the same. Shivalik Mercantile Co Operative Bank SWIFT Code Bank used to Transfer fund to International banks branches. SWIFT, BIC Code Bank is provided the broadest coverage of national bank identifiers. BIC/SWIFT Code is identifying Bank Country branches. BIC Code of Shivalik Bank is unique for each branch. These codes are used when transferring money between banks, particularly for international wire transfers, and also for the exchange of other messages between banks.
MICR code for Shivalik Mercantile Co Operative Bank Indore Branch is 452721001. This MICR code 452721001 is used to get bank account details of customer for cheque clearance.
What is MICR No of Shivalik Mercantile Co Operative Bank Indore Branch in Indore, Madhya Pradesh and how is it used by a bank?
Magnetic ink character recognition (MICR) code can be seen on bottom of cheque leaf. Shivalik Mercantile Co Operative Bank Indore MICR No is 452721001 used by bank to process clearing of cheques and other operations. This code is printed by special ink and information can be read by using specific readers. MICR code Shivalik Bank give information about bank code and account details of account holder etc. MICR code is made up of nine digits in which first 3 digits show name of city, Next 3 digits shows code of bank and last 3 digits shows name of branch of bank. MICR codes are for secure transaction.
IFSC code for Shivalik Bank Indore branch IFSC Code is SMCB0001010. IFSC code is also available at bottom of cheque of SHIVALIK MERCANTILE CO OPERATIVE BANK. This code SMCB0001010 is helpful to know INDORE branch details of the Shivalik Bank when we made online transaction of fund through NEFT,RTGS,mobile banking, bill payments, Credit card payment, online booking etc.