IFSC Code of The Shamrao Vithal Cooperative Bank, Hindustan Coopbk-Shivaji Nagar Branch, Maharashtra

This page lists the IFSC code, branch address, contact number and fund-transfer information for The Shamrao Vithal Cooperative Bank, HINDUSTAN COOPBK-SHIVAJI NAGAR branch in MUMBAI. The 11-digit IFSC SVCB0001003 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 COOPBK-SHIVAJI NAGAR 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.

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 COOPBK-SHIVAJI NAGAR branch, the IFSC SVCB0001003 breaks down as follows: SVCB identifies the bank, 0 is the reserved character, and 001003 identifies this particular branch.

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 Coopbk-Shivaji Nagar branch — IFSC SVCB0001003 — extends the bank's services to customers in and around Mumbai, Maharashtra.

Hindustan Coopbk-Shivaji Nagar branch overview

Located at PITCH NO.3068 TO 3069 A, GAJANAN COLONY, SHIVAJI NAGAR, GOVANDI, MUMBAI-400 043., the Hindustan Coopbk-Shivaji Nagar branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SVCB0001003 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 COOPBK-SHIVAJI NAGAR of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0001003 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 SVCB0001003 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 SVCB0001003

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 SVCB0001003 across all three.

NEFT to The Shamrao Vithal Cooperative Bank, HINDUSTAN COOPBK-SHIVAJI NAGAR using IFSC SVCB0001003

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 SVCB0001003, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – HINDUSTAN COOPBK-SHIVAJI NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC SVCB0001003

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 COOPBK-SHIVAJI NAGAR, ensure your bank's portal accepts IFSC SVCB0001003 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Shamrao Vithal Cooperative Bank HINDUSTAN COOPBK-SHIVAJI NAGAR (IFSC SVCB0001003)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0001003 in your mobile or internet banking app, and the money is credited to the HINDUSTAN COOPBK-SHIVAJI NAGAR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Hindustan Coopbk-Shivaji Nagar

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 SVCB0001003:

• 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 COOPBK-SHIVAJI NAGAR is still linked to IFSC SVCB0001003.

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.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at The Shamrao Vithal Cooperative Bank's HINDUSTAN COOPBK-SHIVAJI NAGAR branch, the IFSC SVCB0001003 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Account types you can open at the Hindustan Coopbk-Shivaji Nagar branch

Once you have an account at The Shamrao Vithal Cooperative Bank – HINDUSTAN COOPBK-SHIVAJI NAGAR, the IFSC SVCB0001003 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 Coopbk-Shivaji Nagar 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 SVCB0001003

MICR & cheque-truncation details

Cheques drawn on the Hindustan Coopbk-Shivaji Nagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0001003 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 Hindustan Coopbk-Shivaji Nagar 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 SVCB0001003 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 – HINDUSTAN COOPBK-SHIVAJI NAGAR:

• The IFSC is exactly SVCB0001003 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 COOPBK-SHIVAJI NAGAR 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 Coopbk-Shivaji Nagar branch

The branch is located at PITCH NO.3068 TO 3069 A, GAJANAN COLONY, SHIVAJI NAGAR, GOVANDI, MUMBAI-400 043., 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 Coopbk-Shivaji Nagar branch” — the verified location pin for IFSC SVCB0001003 should appear at the top of the results.
2. Confirm the branch is open by calling 22-32191650 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 SVCB0001003 and your account number.

Verifying IFSC SVCB0001003 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 SVCB0001003 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 22-32191650.
• Visiting the bank's official branch locator page.

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 Hindustan Coopbk-Shivaji Nagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SVCB0001003, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SVCB0001003 belongs to The Shamrao Vithal Cooperative Bank's HINDUSTAN COOPBK-SHIVAJI NAGAR branch, located at PITCH NO.3068 TO 3069 A, GAJANAN COLONY, SHIVAJI NAGAR, GOVANDI, MUMBAI-400 043. 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.