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Shankar Nagari Sahakari Bank · New Mondha

SVCB0023002: Shankar Nagari Sahakari Bank, Shankar Nagari Sahakari Bank Imps

IFSC code SVCB0023002 belongs to the Shankar Nagari Sahakari Bank Imps branch of Shankar Nagari Sahakari Bank in New Mondha, Maharashtra. Its MICR code is 431811101.

IFSC
SVCB0023002
MICR
431811101
Bank
Shankar Nagari Sahakari Bank
Branch
Shankar Nagari Sahakari Bank Imps
District
New Mondha
State
Maharashtra
Phone
+912466285566

Branch address

Shankar Nagari Sahakari Bank
Pokarn Complex, New Mondha, Nanded

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPIYesPayments by UPI ID or mobile number from apps

Reading this IFSC

SVCB is Shankar Nagari Sahakari Bank's bank code, the fifth character 0 is kept for future use, and 023002 is the code of the Shankar Nagari Sahakari Bank Imps branch. In the MICR code 431811101, 431 is the city, 811 the bank and 101 the branch.

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

01 FAQ

Common questions.

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  1. The IFSC of Shankar Nagari Sahakari Bank's Shankar Nagari Sahakari Bank Imps branch (New Mondha, Maharashtra) is SVCB0023002.

  2. 431811101. MICR is printed at the bottom of the branch's cheques.

  3. Pokarn Complex, New Mondha, Nanded

  4. RBI's list shows this branch on NEFT, RTGS, IMPS and UPI. Use the IFSC SVCB0023002 with the beneficiary's account number.

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