IFSC Code of The Shamrao Vithal Cooperative Bank, Hindustan Coop Bk- Chembur East Branch, Maharashtra

Below are the complete branch details for The Shamrao Vithal Cooperative Bank, HINDUSTAN COOP BK- CHEMBUR EAST branch, located in MUMBAI, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is SVCB0001028. 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 SVCB0001028 for The Shamrao Vithal Cooperative Bank – HINDUSTAN COOP BK- CHEMBUR EAST — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 HINDUSTAN COOP BK- CHEMBUR EAST branch, the IFSC SVCB0001028 breaks down as follows: SVCB identifies the bank, 0 is the reserved character, and 001028 identifies this particular branch.

Bank profile

The Shamrao Vithal Cooperative Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Hindustan Coop Bk- Chembur East branch — IFSC SVCB0001028 — extends the bank's services to customers in and around Mumbai, Maharashtra.

Branch details at a glance

About the Hindustan Coop Bk- Chembur East branch

The Hindustan Coop Bk- Chembur East branch of The Shamrao Vithal Cooperative Bank is situated at SHOP NO 3, 4 & 5, MUKTI NAGAR, KHARDEO NAGAR, N. G. ACHARYA ROAD, CHEMBUR EAST, MUMBAI- 400071. 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 SVCB0001028 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 HINDUSTAN COOP BK- CHEMBUR EAST of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0001028 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 SVCB0001028 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Hindustan Coop Bk- Chembur East branch

Once you have an account at The Shamrao Vithal Cooperative Bank – HINDUSTAN COOP BK- CHEMBUR EAST, the IFSC SVCB0001028 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.

Banking services available

The Hindustan Coop Bk- Chembur East branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8291295662.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC SVCB0001028

How to transfer money using IFSC SVCB0001028

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 SVCB0001028 across all three.

NEFT to The Shamrao Vithal Cooperative Bank, HINDUSTAN COOP BK- CHEMBUR EAST using IFSC SVCB0001028

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 SVCB0001028, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – HINDUSTAN COOP BK- CHEMBUR EAST. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC SVCB0001028

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 – HINDUSTAN COOP BK- CHEMBUR EAST, ensure your bank's portal accepts IFSC SVCB0001028 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to The Shamrao Vithal Cooperative Bank – HINDUSTAN COOP BK- CHEMBUR EAST, use IMPS. With IFSC SVCB0001028 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 Hindustan Coop Bk- Chembur East

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 SVCB0001028:

• 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 HINDUSTAN COOP BK- CHEMBUR EAST is still linked to IFSC SVCB0001028.

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 SVCB0001028

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 – HINDUSTAN COOP BK- CHEMBUR EAST is still mapped to IFSC SVCB0001028. 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 SVCB0001028 and the beneficiary's account number to complete the transfer.

Online banking and IFSC SVCB0001028

The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the HINDUSTAN COOP BK- CHEMBUR EAST 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 SVCB0001028 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.

MICR & cheque-truncation details

Cheques drawn on the Hindustan Coop Bk- Chembur East branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0001028 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

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 – HINDUSTAN COOP BK- CHEMBUR EAST:

• The IFSC is exactly SVCB0001028 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 HINDUSTAN COOP BK- CHEMBUR EAST 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 Hindustan Coop Bk- Chembur East branch sits at SHOP NO 3, 4 & 5, MUKTI NAGAR, KHARDEO NAGAR, N. G. ACHARYA ROAD, CHEMBUR EAST, MUMBAI- 400071. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 91-8291295662 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 SVCB0001028 and your account number.

Verifying IFSC SVCB0001028 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 SVCB0001028 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 91-8291295662.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Hindustan Coop Bk- Chembur East 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 SVCB0001028 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: SVCB0001028 is the IFSC code of The Shamrao Vithal Cooperative Bank, HINDUSTAN COOP BK- CHEMBUR EAST branch, in MUMBAI, 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.