IFSC Code of The Shamrao Vithal Cooperative Bank, The Hotel Industrialists Co-Op Bank Ltd- Halasuru Branch, Karnataka

This page lists the IFSC code, branch address, contact number and fund-transfer information for The Shamrao Vithal Cooperative Bank, THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU branch in BANGALORE. The 11-digit IFSC SVCB0041341 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with The Shamrao Vithal Cooperative Bank at the THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this branch.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For The Shamrao Vithal Cooperative Bank's THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU branch, the IFSC SVCB0041341 breaks down as follows: SVCB identifies the bank, 0 is the reserved character, and 041341 identifies this particular branch.

Branch details at a glance

About The Shamrao Vithal Cooperative Bank

The Shamrao Vithal Cooperative Bank operates a wide network of branches across India, including the The Hotel Industrialists Co-Op Bank Ltd- Halasuru branch in Bangalore. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, SVCB0041341.

About the The Hotel Industrialists Co-Op Bank Ltd- Halasuru branch

The The Hotel Industrialists Co-Op Bank Ltd- Halasuru branch of The Shamrao Vithal Cooperative Bank is situated at NO 38, PANNA CHAMBERS, PALANI MODALIAR ROAD,HALASOORU, BANGALORE- 560008. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code SVCB0041341 is used.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how The Shamrao Vithal Cooperative Bank's THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU branch came to be assigned the code SVCB0041341.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC SVCB0041341, money simply cannot be routed to the THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU branch electronically.

How to transfer money using IFSC SVCB0041341

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC SVCB0041341 across all three.

NEFT to The Shamrao Vithal Cooperative Bank, THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU using IFSC SVCB0041341

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SVCB0041341, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC SVCB0041341

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to The Shamrao Vithal Cooperative Bank – THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU, ensure your bank's portal accepts IFSC SVCB0041341 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Shamrao Vithal Cooperative Bank THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU (IFSC SVCB0041341)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0041341 in your mobile or internet banking app, and the money is credited to the THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to The Hotel Industrialists Co-Op Bank Ltd- Halasuru

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC SVCB0041341:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU is still linked to IFSC SVCB0041341.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at The Shamrao Vithal Cooperative Bank's THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU branch, the IFSC SVCB0041341 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Account types you can open at the The Hotel Industrialists Co-Op Bank Ltd- Halasuru branch

Once you have an account at The Shamrao Vithal Cooperative Bank – THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU, the IFSC SVCB0041341 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the The Hotel Industrialists Co-Op Bank Ltd- Halasuru branch can access most of The Shamrao Vithal Cooperative Bank's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC SVCB0041341

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by The Shamrao Vithal Cooperative Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SVCB0041341 and the account number together uniquely identify the The Hotel Industrialists Co-Op Bank Ltd- Halasuru branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC SVCB0041341

The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC SVCB0041341 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to The Shamrao Vithal Cooperative Bank – THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU:

• The IFSC is exactly SVCB0041341 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills The Shamrao Vithal Cooperative Bank as the bank name and THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

How to reach the The Hotel Industrialists Co-Op Bank Ltd- Halasuru branch

The branch is located at NO 38, PANNA CHAMBERS, PALANI MODALIAR ROAD,HALASOORU, BANGALORE- 560008, which puts it inside Bangalore, the broader Bangalore Urban district, and the state of Karnataka. To plan your visit:

1. Open Google Maps on your phone and search for “The Shamrao Vithal Cooperative Bank The Hotel Industrialists Co-Op Bank Ltd- Halasuru branch” — the verified location pin for IFSC SVCB0041341 should appear at the top of the results.
2. Confirm the branch is open by calling 80-25566859 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SVCB0041341 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SVCB0041341 for The Shamrao Vithal Cooperative Bank – THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The The Hotel Industrialists Co-Op Bank Ltd- Halasuru branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SVCB0041341, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SVCB0041341 belongs to The Shamrao Vithal Cooperative Bank's THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- HALASURU branch, located at NO 38, PANNA CHAMBERS, PALANI MODALIAR ROAD,HALASOORU, BANGALORE- 560008 in BANGALORE, KARNATAKA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.