IFSC Code of The Shamrao Vithal Cooperative Bank, The Gooty Co-Op Town Bank Ltd- Railway Station Road Branch, Andhra Pradesh

If you are searching for the IFSC code of The Shamrao Vithal Cooperative Bank, THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD branch in GOOTY, ANDHRA PRADESH, this page has every detail you need. The verified IFSC code for this branch is SVCB0053003. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD branch, and detailed step-by-step guides for using the IFSC SVCB0053003 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

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, SVCB0053003 is the IFSC of The Shamrao Vithal Cooperative Bank's THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD branch. The format is fixed: SVCB = bank code, 0 = reserved, 053003 = branch identifier.

Bank profile

The Shamrao Vithal Cooperative Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The The Gooty Co-Op Town Bank Ltd- Railway Station Road branch — IFSC SVCB0053003 — extends the bank's services to customers in and around Gooty, Andhra Pradesh.

About the The Gooty Co-Op Town Bank Ltd- Railway Station Road branch

The The Gooty Co-Op Town Bank Ltd- Railway Station Road branch of The Shamrao Vithal Cooperative Bank is situated at 9- 828, RAILWAY STATION ROAD- 515402. 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 SVCB0053003 is used.

Branch details at a glance

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 GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD branch came to be assigned the code SVCB0053003.

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 SVCB0053003, money simply cannot be routed to the THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD branch electronically.

MICR & cheque-truncation details

Cheques drawn on the The Gooty Co-Op Town Bank Ltd- Railway Station Road branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0053003 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 SVCB0053003

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 SVCB0053003 across all three.

How to use IFSC SVCB0053003 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Shamrao Vithal Cooperative Bank's THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC SVCB0053003.
4. Confirm the bank name auto-populates as The Shamrao Vithal Cooperative Bank and the branch as THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC SVCB0053003

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 GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD, ensure your bank's portal accepts IFSC SVCB0053003 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Shamrao Vithal Cooperative Bank THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD (IFSC SVCB0053003)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0053003 in your mobile or internet banking app, and the money is credited to the THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC SVCB0053003 for The Shamrao Vithal Cooperative Bank – THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the The Gooty Co-Op Town Bank Ltd- Railway Station Road branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC SVCB0053003

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at The Shamrao Vithal Cooperative Bank – THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD is still mapped to IFSC SVCB0053003. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC SVCB0053003 and the beneficiary's account number to complete the transfer.

Account types you can open at the The Gooty Co-Op Town Bank Ltd- Railway Station Road branch

Once you have an account at The Shamrao Vithal Cooperative Bank – THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD, the IFSC SVCB0053003 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 Gooty Co-Op Town Bank Ltd- Railway Station Road 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 SVCB0053003

Online banking and IFSC SVCB0053003

The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD 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 SVCB0053003 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.

Reaching the branch

The The Gooty Co-Op Town Bank Ltd- Railway Station Road branch sits at 9- 828, RAILWAY STATION ROAD- 515402. If you are travelling from outside Gooty, search for the branch on a maps application using the bank name and locality, or call 8552-252345 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC SVCB0053003 and your account number.

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 GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD:

• The IFSC is exactly SVCB0053003 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 GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD 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.

Working hours

Branch counters at The Gooty Co-Op Town Bank Ltd- Railway Station Road 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 SVCB0053003 continue to work without interruption.

Verifying IFSC SVCB0053003 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 SVCB0053003 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 8552-252345.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SVCB0053003 belongs to The Shamrao Vithal Cooperative Bank's THE GOOTY CO-OP TOWN BANK LTD- RAILWAY STATION ROAD branch, located at 9- 828, RAILWAY STATION ROAD- 515402 in GOOTY, ANDHRA PRADESH. 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.