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

This page lists the IFSC code, branch address, contact number and fund-transfer information for The Shamrao Vithal Cooperative Bank, HINDUSTAN COOP BK VIKROLI EAST branch in MUMBAI. The 11-digit IFSC SVCB0001017 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with The Shamrao Vithal Cooperative Bank at the HINDUSTAN COOP BK VIKROLI EAST location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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 – HINDUSTAN COOP BK VIKROLI EAST is SVCB0001017. The first four letters SVCB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001017 map to this branch in MUMBAI, MAHARASHTRA.

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 Hindustan Coop Bk Vikroli East branch — IFSC SVCB0001017 — extends the bank's services to customers in and around Mumbai, Maharashtra.

Hindustan Coop Bk Vikroli East branch overview

Located at 236/2343 GROUND FLOOR, TAGORE NAGAR, OPP B M C S SCHOOL, VIKROLI EAST, MUMBAI 400083., the Hindustan Coop Bk Vikroli East branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SVCB0001017 is required for all interbank electronic transfers routed through this branch.

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 VIKROLI EAST of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0001017 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 SVCB0001017 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 SVCB0001017

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 SVCB0001017 across all three.

NEFT to The Shamrao Vithal Cooperative Bank, HINDUSTAN COOP BK VIKROLI EAST using IFSC SVCB0001017

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 SVCB0001017, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – HINDUSTAN COOP BK VIKROLI EAST. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC SVCB0001017

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 VIKROLI EAST, ensure your bank's portal accepts IFSC SVCB0001017 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Shamrao Vithal Cooperative Bank HINDUSTAN COOP BK VIKROLI EAST (IFSC SVCB0001017)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0001017 in your mobile or internet banking app, and the money is credited to the HINDUSTAN COOP BK VIKROLI EAST branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Hindustan Coop Bk Vikroli 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 SVCB0001017:

• 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 VIKROLI EAST is still linked to IFSC SVCB0001017.

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 SVCB0001017

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 VIKROLI EAST is still mapped to IFSC SVCB0001017. 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 SVCB0001017 and the beneficiary's account number to complete the transfer.

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

Once you have an account at The Shamrao Vithal Cooperative Bank – HINDUSTAN COOP BK VIKROLI EAST, the IFSC SVCB0001017 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 Hindustan Coop Bk Vikroli East 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 SVCB0001017

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 SVCB0001017 and the account number together uniquely identify the Hindustan Coop Bk Vikroli East branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC SVCB0001017

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 VIKROLI 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 SVCB0001017 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 – HINDUSTAN COOP BK VIKROLI EAST:

• The IFSC is exactly SVCB0001017 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 VIKROLI 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.

How to reach the Hindustan Coop Bk Vikroli East branch

The branch is located at 236/2343 GROUND FLOOR, TAGORE NAGAR, OPP B M C S SCHOOL, VIKROLI EAST, MUMBAI 400083., which puts it inside Mumbai, the broader Greater Bombay 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 Hindustan Coop Bk Vikroli East branch” — the verified location pin for IFSC SVCB0001017 should appear at the top of the results.
2. Confirm the branch is open by calling 22-23483780 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 SVCB0001017 and your account number.

Verifying IFSC SVCB0001017 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 SVCB0001017 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 22-23483780.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Hindustan Coop Bk Vikroli 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 SVCB0001017 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: SVCB0001017 is the IFSC code of The Shamrao Vithal Cooperative Bank, HINDUSTAN COOP BK VIKROLI 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.