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Shivalik Small Finance Bank

SHARDA NAGAR BRANCH

+918477006125

IFSC CODE
SMCB0001017
MICR Code 247721005
Branch Code 001017
City / District SAHARANPUR
State UTTAR PRADESH
Office Address GROUND FLOOR, 1 BY 1245, WAK MOHALA, KHALASI LINE, SHARDA NAGAR, SAHARANPUR UP
Phone +918477006125
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of Shivalik Small Finance Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the SHARDA NAGAR branch of Shivalik Small Finance Bank, the code SMCB0001017 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the SMCB0001017 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"SMCB" represents Shivalik Small Finance Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for SHARDA NAGAR

Payment Systems Supported by SMCB0001017

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—247721005—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Shivalik Small Finance Bank in SAHARANPUR typically follows the RBI holiday calendar. Digital transfers via SMCB0001017 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While SMCB0001017 is the valid code for SHARDA NAGAR at SAHARANPUR, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Branch Context

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Platform Links

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  • • IFSC Finder v2.0

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