If you are searching for the IFSC code of The Shamrao Vithal Cooperative Bank, CUFFE PARADE branch in MUMBAI, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SVCB0000002. 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 CUFFE PARADE branch, and detailed step-by-step guides for using the IFSC SVCB0000002 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, SVCB0000002 is the IFSC of The Shamrao Vithal Cooperative Bank's CUFFE PARADE branch. The format is fixed: SVCB = bank code, 0 = reserved, 000002 = branch identifier.
Branch details at a glance
| Bank Name | The Shamrao Vithal Cooperative Bank |
|---|---|
| Branch | Cuffe Parade |
| IFSC Code | SVCB0000002 |
| MICR Code | Refer to cheque leaf |
| Branch Address | MAKER TOWERSE,CUFFEPARADE,MUMBAI-400 005 |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
| STD Code | 22 |
| Phone | 67444545 |
About the bank
The Shamrao Vithal Cooperative Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Cuffe Parade branch in Mumbai, Maharashtra is part of this network and uses the IFSC code SVCB0000002 for all electronic settlement.
About this branch
The branch is located at MAKER TOWERSE,CUFFEPARADE,MUMBAI-400 005. It serves the Mumbai region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of The Shamrao Vithal Cooperative Bank. The IFSC SVCB0000002 is used to identify this branch on the RBI payments network.
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 CUFFE PARADE branch came to be assigned the code SVCB0000002.
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 SVCB0000002, money simply cannot be routed to the CUFFE PARADE branch electronically.
How to transfer money using IFSC SVCB0000002
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 SVCB0000002 across all three.
NEFT to The Shamrao Vithal Cooperative Bank, CUFFE PARADE using IFSC SVCB0000002
National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.
To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SVCB0000002, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – CUFFE PARADE. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC SVCB0000002
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 – CUFFE PARADE, ensure your bank's portal accepts IFSC SVCB0000002 while registering the beneficiary. RTGS is also available 24x7.
IMPS to The Shamrao Vithal Cooperative Bank CUFFE PARADE (IFSC SVCB0000002)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0000002 in your mobile or internet banking app, and the money is credited to the CUFFE PARADE branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Cuffe Parade
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 SVCB0000002:
- 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 CUFFE PARADE is still linked to IFSC SVCB0000002.
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 SVCB0000002
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 – CUFFE PARADE is still mapped to IFSC SVCB0000002. 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 SVCB0000002 and the beneficiary's account number to complete the transfer.
Account types you can open at the Cuffe Parade branch
Once you have an account at The Shamrao Vithal Cooperative Bank – CUFFE PARADE, the IFSC SVCB0000002 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 Cuffe Parade 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 SVCB0000002
MICR & cheque-truncation details
Cheques drawn on the Cuffe Parade branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0000002 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 Cuffe Parade 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 SVCB0000002 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 – CUFFE PARADE:
- The IFSC is exactly SVCB0000002 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 CUFFE PARADE 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 Cuffe Parade branch sits at MAKER TOWERSE,CUFFEPARADE,MUMBAI-400 005. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 22-67444545 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 SVCB0000002 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC SVCB0000002 for The Shamrao Vithal Cooperative Bank – CUFFE PARADE, 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 Cuffe Parade branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SVCB0000002, however, work 24x7.
Branch address & contact
The Shamrao Vithal Cooperative BankCuffe Parade Branch
MAKER TOWERSE,CUFFEPARADE,MUMBAI-400 005
Mumbai, Maharashtra
Phone: 22-67444545
IFSC: SVCB0000002
Frequently asked questions
Is IFSC SVCB0000002 the same for all accounts at Cuffe Parade branch?
Yes. The IFSC SVCB0000002 is shared by every account held at The Shamrao Vithal Cooperative Bank's Cuffe Parade branch. Only the account number changes from customer to customer.
How quickly will an NEFT transfer using SVCB0000002 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Shamrao Vithal Cooperative Bank – Cuffe Parade reflect within 30 minutes.
What is the phone number of The Shamrao Vithal Cooperative Bank Cuffe Parade branch?
You can reach the branch at 22-67444545 during regular banking hours.
What is the IFSC code of The Shamrao Vithal Cooperative Bank Cuffe Parade branch?
The IFSC code of The Shamrao Vithal Cooperative Bank, Cuffe Parade branch is SVCB0000002. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add The Shamrao Vithal Cooperative Bank Cuffe Parade as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SVCB0000002, and complete OTP verification. Once activated, you can transfer funds at any time.
Can I use IFSC SVCB0000002 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SVCB0000002 to send funds instantly.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Cuffe Parade branch but serve different purposes.
Does The Shamrao Vithal Cooperative Bank Cuffe Parade branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 22-67444545 to confirm.
Summary
The IFSC code SVCB0000002 belongs to The Shamrao Vithal Cooperative Bank's CUFFE PARADE branch, located at MAKER TOWERSE,CUFFEPARADE,MUMBAI-400 005 in MUMBAI, MAHARASHTRA. 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.
