IFSC Code of The Shamrao Vithal Cooperative Bank, The Kalwan Merchants Coop Bank Ltd-Kalwan Branch, Maharashtra

If you are searching for the IFSC code of The Shamrao Vithal Cooperative Bank, THE KALWAN MERCHANTS COOP BANK LTD-KALWAN branch in KALWAN, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SVCB0038002. 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 KALWAN MERCHANTS COOP BANK LTD-KALWAN branch, and detailed step-by-step guides for using the IFSC SVCB0038002 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, SVCB0038002 is the IFSC of The Shamrao Vithal Cooperative Bank's THE KALWAN MERCHANTS COOP BANK LTD-KALWAN branch. The format is fixed: SVCB = bank code, 0 = reserved, 038002 = branch identifier.

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 Kalwan Merchants Coop Bank Ltd-Kalwan branch — IFSC SVCB0038002 — extends the bank's services to customers in and around Kalwan, Maharashtra.

About the The Kalwan Merchants Coop Bank Ltd-Kalwan branch

The The Kalwan Merchants Coop Bank Ltd-Kalwan branch of The Shamrao Vithal Cooperative Bank is situated at SAPTASHRUNGI, G.T.KOTHAWADE PATH, SHIVAJI NAGAR, KALWAN, NASHIK - 423 501. 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 SVCB0038002 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 KALWAN MERCHANTS COOP BANK LTD-KALWAN of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0038002 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 SVCB0038002 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 SVCB0038002

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 SVCB0038002 across all three.

How to use IFSC SVCB0038002 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 KALWAN MERCHANTS COOP BANK LTD-KALWAN 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 SVCB0038002.
4. Confirm the bank name auto-populates as The Shamrao Vithal Cooperative Bank and the branch as THE KALWAN MERCHANTS COOP BANK LTD-KALWAN.
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 KALWAN MERCHANTS COOP BANK LTD-KALWAN

If you need to transfer ₹2 lakh or more in one go to an account at The Shamrao Vithal Cooperative Bank's THE KALWAN MERCHANTS COOP BANK LTD-KALWAN branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SVCB0038002 while initiating the transfer and the credit will appear within minutes.

IMPS to The Shamrao Vithal Cooperative Bank THE KALWAN MERCHANTS COOP BANK LTD-KALWAN (IFSC SVCB0038002)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0038002 in your mobile or internet banking app, and the money is credited to the THE KALWAN MERCHANTS COOP BANK LTD-KALWAN branch account within seconds.

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

All three modes accept the IFSC SVCB0038002 for The Shamrao Vithal Cooperative Bank – THE KALWAN MERCHANTS COOP BANK LTD-KALWAN, 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 Kalwan Merchants Coop Bank Ltd-Kalwan 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 SVCB0038002

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 KALWAN MERCHANTS COOP BANK LTD-KALWAN is still mapped to IFSC SVCB0038002. 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 SVCB0038002 and the beneficiary's account number to complete the transfer.

Account types you can open at the The Kalwan Merchants Coop Bank Ltd-Kalwan branch

Once you have an account at The Shamrao Vithal Cooperative Bank – THE KALWAN MERCHANTS COOP BANK LTD-KALWAN, the IFSC SVCB0038002 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 Kalwan Merchants Coop Bank Ltd-Kalwan 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 SVCB0038002

MICR & cheque-truncation details

Cheques drawn on the The Kalwan Merchants Coop Bank Ltd-Kalwan branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0038002 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC SVCB0038002

The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the THE KALWAN MERCHANTS COOP BANK LTD-KALWAN 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 SVCB0038002 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 KALWAN MERCHANTS COOP BANK LTD-KALWAN:

• The IFSC is exactly SVCB0038002 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 KALWAN MERCHANTS COOP BANK LTD-KALWAN 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 Kalwan Merchants Coop Bank Ltd-Kalwan branch

The branch is located at SAPTASHRUNGI, G.T.KOTHAWADE PATH, SHIVAJI NAGAR, KALWAN, NASHIK - 423 501, which puts it inside Kalwan, the broader Nashik 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 The Kalwan Merchants Coop Bank Ltd-Kalwan branch” — the verified location pin for IFSC SVCB0038002 should appear at the top of the results.
2. Confirm the branch is open by calling 2592-221223 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 SVCB0038002 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SVCB0038002 for The Shamrao Vithal Cooperative Bank – THE KALWAN MERCHANTS COOP BANK LTD-KALWAN, 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.

Working hours

Branch counters at The Kalwan Merchants Coop Bank Ltd-Kalwan 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 SVCB0038002 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: SVCB0038002 is the IFSC code of The Shamrao Vithal Cooperative Bank, THE KALWAN MERCHANTS COOP BANK LTD-KALWAN branch, in KALWAN, 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.