It is very important to find correct branch before initiating any bank process. Though all banks will have a mechanism to verify the Silvassa U.T. Branch, Account Type, IFSC Code, MICR Code, and Account Name, etc. and any mismatch will result in failed transaction!
The best and simplest place to verify Silvassa U.T. branch is the cheque book. All banks will print the Silvassa U.T. on the cheque books. Also, your account pass book should have the Silvassa U.T. branch printed.
The address of Silvassa U.T. branch is The ratnakar bank ltd, unit no. 1, 2 7, roshan avenue, silvassa vapi road, silvassa 396 230. , which is located in Silvasa District of Dadra And Nagar Haveli State. IFSC code used in online fund transfer and MICR code used in clearing of cheques for Ratnakar Bank Silvassa U.T. is also provided.
Silvassa U.T. has number of branches spread across India. Branch banking has undergone significant changes in response to the competition in financial services market and the ever increasing consumer demands. This leads to a single consumer bearing more than one account in different banks and due to internet banking, as in case of Ratnakar Bank Silvassa U.T. branch, fund transfer between these banks is also possible.