IFSC Code of The Shamrao Vithal Cooperative Bank, Wai Urban Coop Bk Ltd- Goregaon Branch, Maharashtra

Below are the complete branch details for The Shamrao Vithal Cooperative Bank, WAI URBAN COOP BK LTD- GOREGAON branch, located in GOREGAON, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is SVCB0016029. 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 SVCB0016029 for The Shamrao Vithal Cooperative Bank – WAI URBAN COOP BK LTD- GOREGAON — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for The Shamrao Vithal Cooperative Bank – WAI URBAN COOP BK LTD- GOREGAON is SVCB0016029. The first four letters SVCB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 016029 map to this branch in GOREGAON, MAHARASHTRA.

Branch details at a glance

Bank profile

The Shamrao Vithal Cooperative Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Wai Urban Coop Bk Ltd- Goregaon branch — IFSC SVCB0016029 — extends the bank's services to customers in and around Goregaon, Maharashtra.

About the Wai Urban Coop Bk Ltd- Goregaon branch

The Wai Urban Coop Bk Ltd- Goregaon branch of The Shamrao Vithal Cooperative Bank is situated at NEAR DATTA MANDIR, A/P- GOREGAON, TALUKA- MANGAON, DISTRICT- RAIGAD (402102). 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 SVCB0016029 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 WAI URBAN COOP BK LTD- GOREGAON branch came to be assigned the code SVCB0016029.

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 SVCB0016029, money simply cannot be routed to the WAI URBAN COOP BK LTD- GOREGAON branch electronically.

How to transfer money using IFSC SVCB0016029

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 SVCB0016029 across all three.

How to use IFSC SVCB0016029 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 WAI URBAN COOP BK LTD- GOREGAON 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 SVCB0016029.
4. Confirm the bank name auto-populates as The Shamrao Vithal Cooperative Bank and the branch as WAI URBAN COOP BK LTD- GOREGAON.
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 SVCB0016029

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 – WAI URBAN COOP BK LTD- GOREGAON, ensure your bank's portal accepts IFSC SVCB0016029 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Shamrao Vithal Cooperative Bank WAI URBAN COOP BK LTD- GOREGAON (IFSC SVCB0016029)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0016029 in your mobile or internet banking app, and the money is credited to the WAI URBAN COOP BK LTD- GOREGAON branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Wai Urban Coop Bk Ltd- Goregaon

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 SVCB0016029:

• 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 WAI URBAN COOP BK LTD- GOREGAON is still linked to IFSC SVCB0016029.

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 WAI URBAN COOP BK LTD- GOREGAON branch, the IFSC SVCB0016029 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 Wai Urban Coop Bk Ltd- Goregaon branch is mapped to IFSC SVCB0016029 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 SVCB0016029.

Products and services

Customers walking into the Wai Urban Coop Bk Ltd- Goregaon 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 SVCB0016029

MICR & cheque-truncation details

Cheques drawn on the Wai Urban Coop Bk Ltd- Goregaon branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0016029 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC SVCB0016029

The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the WAI URBAN COOP BK LTD- GOREGAON 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 SVCB0016029 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 – WAI URBAN COOP BK LTD- GOREGAON:

• The IFSC is exactly SVCB0016029 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 WAI URBAN COOP BK LTD- GOREGAON 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 Wai Urban Coop Bk Ltd- Goregaon branch

The branch is located at NEAR DATTA MANDIR, A/P- GOREGAON, TALUKA- MANGAON, DISTRICT- RAIGAD (402102), which puts it inside Goregaon, the broader Raigad district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “The Shamrao Vithal Cooperative Bank Wai Urban Coop Bk Ltd- Goregaon branch” — the verified location pin for IFSC SVCB0016029 should appear at the top of the results.
2. Confirm the branch is open by calling 2140-251777 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 SVCB0016029 and your account number.

Verifying IFSC SVCB0016029 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 SVCB0016029 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2140-251777.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Wai Urban Coop Bk Ltd- Goregaon 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 SVCB0016029 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: SVCB0016029 is the IFSC code of The Shamrao Vithal Cooperative Bank, WAI URBAN COOP BK LTD- GOREGAON branch, in GOREGAON, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.