IFSC Code of The Shamrao Vithal Cooperative Bank, The Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon Branch, Maharashtra

Use this page as a one-stop reference for everything related to The Shamrao Vithal Cooperative Bank's THE LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON branch in LASALGAON, MAHARASHTRA. The branch's IFSC code SVCB0036002 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For The Shamrao Vithal Cooperative Bank's THE LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON branch, the IFSC SVCB0036002 breaks down as follows: SVCB identifies the bank, 0 is the reserved character, and 036002 identifies this particular branch.

About The Shamrao Vithal Cooperative Bank

The Shamrao Vithal Cooperative Bank operates a wide network of branches across India, including the The Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon branch in Lasalgaon. 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, SVCB0036002.

Branch details at a glance

About the The Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon branch

The The Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon branch of The Shamrao Vithal Cooperative Bank is situated at APEKSHAPURTI, 79, M G ROAD - TAL NIPHAD - 422 306. 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 SVCB0036002 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 LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0036002 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 SVCB0036002 the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the The Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon branch is mapped to IFSC SVCB0036002 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 SVCB0036002.

Products and services

Customers walking into the The Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon 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 SVCB0036002

How to transfer money using IFSC SVCB0036002

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 SVCB0036002 across all three.

How to use IFSC SVCB0036002 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 LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON 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 SVCB0036002.
4. Confirm the bank name auto-populates as The Shamrao Vithal Cooperative Bank and the branch as THE LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON.
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 LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON

If you need to transfer ₹2 lakh or more in one go to an account at The Shamrao Vithal Cooperative Bank's THE LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SVCB0036002 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 LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON, use IMPS. With IFSC SVCB0036002 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 Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon

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 SVCB0036002:

• 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 LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON is still linked to IFSC SVCB0036002.

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 SVCB0036002

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 LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON is still mapped to IFSC SVCB0036002. 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 SVCB0036002 and the beneficiary's account number to complete the transfer.

Digital banking channels

Most day-to-day work that customers used to do at the The Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon 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 SVCB0036002 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.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by The Shamrao Vithal Cooperative Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SVCB0036002 and the account number together uniquely identify the The Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

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 LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON:

• The IFSC is exactly SVCB0036002 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 LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON 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 Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon branch

The branch is located at APEKSHAPURTI, 79, M G ROAD - TAL NIPHAD - 422 306, which puts it inside Lasalgaon, 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 Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon branch” — the verified location pin for IFSC SVCB0036002 should appear at the top of the results.
2. Confirm the branch is open by calling 2550-266058 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 SVCB0036002 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SVCB0036002 for The Shamrao Vithal Cooperative Bank – THE LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON, 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 Lasalgaon Merchants Co-Op Bank Ltd-Main Lasalgaon branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SVCB0036002, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SVCB0036002 is the IFSC code of The Shamrao Vithal Cooperative Bank, THE LASALGAON MERCHANTS CO-OP BANK LTD-MAIN LASALGAON branch, in LASALGAON, 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.