IFSC Code of The Shamrao Vithal Cooperative Bank, The Gooty Co Op Town Bank Guntakal Branch, Andhra Pradesh

If you are searching for the IFSC code of The Shamrao Vithal Cooperative Bank, THE GOOTY CO OP TOWN BANK GUNTAKAL branch in GUNTAKAL, ANDHRA PRADESH, this page has every detail you need. The verified IFSC code for this branch is SVCB0053006. 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 GUNTAKAL branch, and detailed step-by-step guides for using the IFSC SVCB0053006 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.

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 – THE GOOTY CO OP TOWN BANK GUNTAKAL is SVCB0053006. The first four letters SVCB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 053006 map to this branch in GUNTAKAL, ANDHRA PRADESH.

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 The Gooty Co Op Town Bank Guntakal branch — IFSC SVCB0053006 — extends the bank's services to customers in and around Guntakal, Andhra Pradesh.

About the The Gooty Co Op Town Bank Guntakal branch

The The Gooty Co Op Town Bank Guntakal branch of The Shamrao Vithal Cooperative Bank is situated at PREMISES D NO 15-1, GROUND FLOOR, B BLOCK, RAILWAY FEEDER ROAD, GUNTAKAL- 515801. 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 SVCB0053006 is used.

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 THE GOOTY CO OP TOWN BANK GUNTAKAL of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0053006 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 SVCB0053006 the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC SVCB0053006

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 SVCB0053006 across all three.

How to use IFSC SVCB0053006 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 GUNTAKAL 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 SVCB0053006.
4. Confirm the bank name auto-populates as The Shamrao Vithal Cooperative Bank and the branch as THE GOOTY CO OP TOWN BANK GUNTAKAL.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to THE GOOTY CO OP TOWN BANK GUNTAKAL

If you need to transfer ₹2 lakh or more in one go to an account at The Shamrao Vithal Cooperative Bank's THE GOOTY CO OP TOWN BANK GUNTAKAL branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SVCB0053006 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to The Shamrao Vithal Cooperative Bank – THE GOOTY CO OP TOWN BANK GUNTAKAL, use IMPS. With IFSC SVCB0053006 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to The Gooty Co Op Town Bank Guntakal

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 SVCB0053006:

• 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 GOOTY CO OP TOWN BANK GUNTAKAL is still linked to IFSC SVCB0053006.

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.

UPI payments and IFSC SVCB0053006

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 GUNTAKAL is still mapped to IFSC SVCB0053006. 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 SVCB0053006 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the The Gooty Co Op Town Bank Guntakal branch is mapped to IFSC SVCB0053006 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 SVCB0053006.

Products and services

Customers walking into the The Gooty Co Op Town Bank Guntakal 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 SVCB0053006

MICR & cheque-truncation details

Cheques drawn on the The Gooty Co Op Town Bank Guntakal branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0053006 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the The Gooty Co Op Town Bank Guntakal branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SVCB0053006 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

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 GUNTAKAL:

• The IFSC is exactly SVCB0053006 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 GUNTAKAL 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.

Reaching the branch

The The Gooty Co Op Town Bank Guntakal branch sits at PREMISES D NO 15-1, GROUND FLOOR, B BLOCK, RAILWAY FEEDER ROAD, GUNTAKAL- 515801. If you are travelling from outside Guntakal, search for the branch on a maps application using the bank name and locality, or call 0 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 SVCB0053006 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SVCB0053006 for The Shamrao Vithal Cooperative Bank – THE GOOTY CO OP TOWN BANK GUNTAKAL, 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 Gooty Co Op Town Bank Guntakal branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SVCB0053006, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SVCB0053006 is the IFSC code of The Shamrao Vithal Cooperative Bank, THE GOOTY CO OP TOWN BANK GUNTAKAL branch, in GUNTAKAL, ANDHRA PRADESH. 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.