Below are the complete branch details for The Shamrao Vithal Cooperative Bank, SAHYADRI SAHAKARI BANK-BHIWANDI branch, located in BHIWANDI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is SVCB0013008. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SVCB0013008 for The Shamrao Vithal Cooperative Bank – SAHYADRI SAHAKARI BANK-BHIWANDI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, SVCB0013008 is the IFSC of The Shamrao Vithal Cooperative Bank's SAHYADRI SAHAKARI BANK-BHIWANDI branch. The format is fixed: SVCB = bank code, 0 = reserved, 013008 = branch identifier.
About The Shamrao Vithal Cooperative Bank
The Shamrao Vithal Cooperative Bank operates a wide network of branches across India, including the Sahyadri Sahakari Bank-Bhiwandi branch in Bhiwandi. 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, SVCB0013008.
About the Sahyadri Sahakari Bank-Bhiwandi branch
The Sahyadri Sahakari Bank-Bhiwandi branch of The Shamrao Vithal Cooperative Bank is situated at SHOP NO, 1,2, & 2-A, ARJUN SAGAR APARTMENT, ANJUR NAKA, AGRA ROAD, BHIWANDI, DIST- THANE PIN- 421 302. 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 SVCB0013008 is used.
Branch details at a glance
| Bank Name | The Shamrao Vithal Cooperative Bank |
|---|---|
| Branch | Sahyadri Sahakari Bank-Bhiwandi |
| IFSC Code | SVCB0013008 |
| MICR Code | Refer to cheque leaf |
| Branch Address | SHOP NO, 1,2, & 2-A, ARJUN SAGAR APARTMENT, ANJUR NAKA, AGRA ROAD, BHIWANDI, DIST- THANE PIN- 421 302 |
| City | Bhiwandi |
| District | Thane |
| State | Maharashtra |
| STD Code | 2522 |
| Phone | 278833 |
Why every The Shamrao Vithal Cooperative Bank branch has a unique IFSC
Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including SAHYADRI SAHAKARI BANK-BHIWANDI of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0013008 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.
Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SVCB0013008 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the Sahyadri Sahakari Bank-Bhiwandi branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0013008 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC SVCB0013008
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 SVCB0013008 across all three.
NEFT to The Shamrao Vithal Cooperative Bank, SAHYADRI SAHAKARI BANK-BHIWANDI using IFSC SVCB0013008
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 SVCB0013008, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – SAHYADRI SAHAKARI BANK-BHIWANDI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC SVCB0013008
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 – SAHYADRI SAHAKARI BANK-BHIWANDI, ensure your bank's portal accepts IFSC SVCB0013008 while registering the beneficiary. RTGS is also available 24x7.
IMPS to The Shamrao Vithal Cooperative Bank SAHYADRI SAHAKARI BANK-BHIWANDI (IFSC SVCB0013008)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0013008 in your mobile or internet banking app, and the money is credited to the SAHYADRI SAHAKARI BANK-BHIWANDI branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Sahyadri Sahakari Bank-Bhiwandi
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 SVCB0013008:
- 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 SAHYADRI SAHAKARI BANK-BHIWANDI is still linked to IFSC SVCB0013008.
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 SAHYADRI SAHAKARI BANK-BHIWANDI branch, the IFSC SVCB0013008 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.
Products and account variants supported
Every account opened at the Sahyadri Sahakari Bank-Bhiwandi branch is mapped to IFSC SVCB0013008 on the RBI payments network. The branch generally supports the full retail product catalogue of The Shamrao Vithal Cooperative Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains SVCB0013008.
Products and services
Customers walking into the Sahyadri Sahakari Bank-Bhiwandi 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 SVCB0013008
Online banking and IFSC SVCB0013008
The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the SAHYADRI SAHAKARI BANK-BHIWANDI 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 SVCB0013008 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.
How to reach the Sahyadri Sahakari Bank-Bhiwandi branch
The branch is located at SHOP NO, 1,2, & 2-A, ARJUN SAGAR APARTMENT, ANJUR NAKA, AGRA ROAD, BHIWANDI, DIST- THANE PIN- 421 302, which puts it inside Bhiwandi, the broader Thane district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “The Shamrao Vithal Cooperative Bank Sahyadri Sahakari Bank-Bhiwandi branch” — the verified location pin for IFSC SVCB0013008 should appear at the top of the results.
- Confirm the branch is open by calling 2522-278833 before stepping out, especially around public holidays.
- 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 SVCB0013008 and your account number.
Common mistakes to avoid when using IFSC SVCB0013008
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to The Shamrao Vithal Cooperative Bank – SAHYADRI SAHAKARI BANK-BHIWANDI, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
SVCB0013008. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
Working hours
Branch counters at Sahyadri Sahakari Bank-Bhiwandi are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to SVCB0013008 continue to work without interruption.
Verifying IFSC SVCB0013008 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm SVCB0013008 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 2522-278833.
- Visiting the bank's official branch locator page.
Branch address & contact
The Shamrao Vithal Cooperative BankSahyadri Sahakari Bank-Bhiwandi Branch
SHOP NO, 1,2, & 2-A, ARJUN SAGAR APARTMENT, ANJUR NAKA, AGRA ROAD, BHIWANDI, DIST- THANE PIN- 421 302
Bhiwandi, Maharashtra
Phone: 2522-278833
IFSC: SVCB0013008
Frequently asked questions
Is IFSC SVCB0013008 valid for NEFT and RTGS?
Yes. IFSC SVCB0013008 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Sahyadri Sahakari Bank-Bhiwandi branch but serve different purposes.
Is IFSC SVCB0013008 the same for all accounts at Sahyadri Sahakari Bank-Bhiwandi branch?
Yes. The IFSC SVCB0013008 is shared by every account held at The Shamrao Vithal Cooperative Bank's Sahyadri Sahakari Bank-Bhiwandi branch. Only the account number changes from customer to customer.
Can I use IFSC SVCB0013008 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SVCB0013008 to send funds instantly.
Where is The Shamrao Vithal Cooperative Bank Sahyadri Sahakari Bank-Bhiwandi branch located?
The Shamrao Vithal Cooperative Bank's Sahyadri Sahakari Bank-Bhiwandi branch is located at SHOP NO, 1,2, & 2-A, ARJUN SAGAR APARTMENT, ANJUR NAKA, AGRA ROAD, BHIWANDI, DIST- THANE PIN- 421 302, Bhiwandi, Maharashtra.
How do I add The Shamrao Vithal Cooperative Bank Sahyadri Sahakari Bank-Bhiwandi as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SVCB0013008, and complete OTP verification. Once activated, you can transfer funds at any time.
Summary
The IFSC code SVCB0013008 belongs to The Shamrao Vithal Cooperative Bank's SAHYADRI SAHAKARI BANK-BHIWANDI branch, located at SHOP NO, 1,2, & 2-A, ARJUN SAGAR APARTMENT, ANJUR NAKA, AGRA ROAD, BHIWANDI,… in BHIWANDI, MAHARASHTRA. 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.
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