Indian Financial System Code, popularly known as IFSC code, is an 11-digit alphanumeric code that helps identify the individual bank branches. IFSC code is used to transfer funds online for NEFT, IMPS, and RTGS transactions. First four digit characters represent the bank, followed by a zero (0), and the last 6 characters, usually number, represent the bank branch.

Customer can find IFSC code on their bank’s cheque leaves, passbooks, bank statement and other banking documents.

Its significance

Unique branch identification: Through an IFSC code, the particular branches of source and destination banks can be identified.

Useful for electronic transfer: It is used for online fund transfer like NEFT, RTGS & IMPS, and helps eliminate errors.

IFSC Code Finder

This helps customers search for IFSC code of any branch of any bank across the country.

Shivalik Mercantile Co-Operative Bank Ltd. is a multi-state Urban Co-Operative Bank headquartered in Saharanpur, Uttar Pradesh, India. The bank was founded in 997 and emerged to become the first and largest multi-state Urban Co-operative Bank in U. P. The bank aims to serve the lowest strata of society with the best products and technology-driven customer services. Shivalik Mercantile Co-operative bank provides personal and commercial banking services to its customers in India. The bank provides savings accounts, fixed deposits schemes, recurring deposits, current accounts; forex, PAN CARD, remittances, lockers, ATM cards; and insurance, online banking, and other services. It also offers housing loans, car loans, two-wheeler loans, gold loans, loans against properties, and demand loans against FDRs/RD/LIC/NSC; and loans to professionals/self-employed; and microfinance services.