If you are searching for the IFSC code of The Shamrao Vithal Cooperative Bank, S V MARG branch in MUMBAI, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SVCB0000006. 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 S V MARG branch, and detailed step-by-step guides for using the IFSC SVCB0000006 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.
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 – S V MARG is SVCB0000006. The first four letters SVCB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000006 map to this branch in MUMBAI, MAHARASHTRA.
About The Shamrao Vithal Cooperative Bank
The Shamrao Vithal Cooperative Bank operates a wide network of branches across India, including the S V Marg branch in Mumbai. 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, SVCB0000006.
S V Marg branch overview
Located at H/2, ANANDASHRAM,SHAMRAO VITHAL MARG,MUMBAI-400 007, the S V Marg branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SVCB0000006 is required for all interbank electronic transfers routed through this branch.
Branch details at a glance
| Bank Name | The Shamrao Vithal Cooperative Bank |
|---|---|
| Branch | S V Marg |
| IFSC Code | SVCB0000006 |
| MICR Code | Refer to cheque leaf |
| Branch Address | H/2, ANANDASHRAM,SHAMRAO VITHAL MARG,MUMBAI-400 007 |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
| STD Code | 22 |
| Phone | 23867924 |
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 S V MARG of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0000006 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 SVCB0000006 the same way you would treat your account number — verify it once and save it carefully for future use.
MICR & cheque-truncation details
Cheques drawn on the S V Marg branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0000006 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
How to transfer money using IFSC SVCB0000006
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 SVCB0000006 across all three.
NEFT to The Shamrao Vithal Cooperative Bank, S V MARG using IFSC SVCB0000006
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 SVCB0000006, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – S V MARG. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to S V MARG
If you need to transfer ₹2 lakh or more in one go to an account at The Shamrao Vithal Cooperative Bank's S V MARG branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SVCB0000006 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 – S V MARG, use IMPS. With IFSC SVCB0000006 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SVCB0000006 for The Shamrao Vithal Cooperative Bank – S V MARG, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – SVCB0000006 | Yes – SVCB0000006 | Yes – SVCB0000006 |
For most retail customers crediting the S V Marg branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
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 S V MARG branch, the IFSC SVCB0000006 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 S V Marg branch
Once you have an account at The Shamrao Vithal Cooperative Bank – S V MARG, the IFSC SVCB0000006 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 S V Marg 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 SVCB0000006
Digital banking channels
Most day-to-day work that customers used to do at the S V Marg 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 SVCB0000006 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.
How to reach the S V Marg branch
The branch is located at H/2, ANANDASHRAM,SHAMRAO VITHAL MARG,MUMBAI-400 007, which puts it inside Mumbai, the broader Greater Bombay district, and the state of Maharashtra. To plan your visit:
- Open Google Maps on your phone and search for “The Shamrao Vithal Cooperative Bank S V Marg branch” — the verified location pin for IFSC SVCB0000006 should appear at the top of the results.
- Confirm the branch is open by calling 22-23867924 before stepping out, especially around public holidays.
- 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 SVCB0000006 and your account number.
Common mistakes to avoid when using IFSC SVCB0000006
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to The Shamrao Vithal Cooperative Bank – S V MARG, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
SVCB0000006. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
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 S V Marg branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SVCB0000006, however, work 24x7.
Verifying IFSC SVCB0000006 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 SVCB0000006 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 22-23867924.
- Visiting the bank's official branch locator page.
Branch address & contact
The Shamrao Vithal Cooperative BankS V Marg Branch
H/2, ANANDASHRAM,SHAMRAO VITHAL MARG,MUMBAI-400 007
Mumbai, Maharashtra
Phone: 22-23867924
IFSC: SVCB0000006
Frequently asked questions
How quickly will an NEFT transfer using SVCB0000006 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Shamrao Vithal Cooperative Bank – S V Marg reflect within 30 minutes.
What is the IFSC code of The Shamrao Vithal Cooperative Bank S V Marg branch?
The IFSC code of The Shamrao Vithal Cooperative Bank, S V Marg branch is SVCB0000006. It is used for NEFT, RTGS and IMPS fund transfers to this branch.
How do I add The Shamrao Vithal Cooperative Bank S V Marg as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SVCB0000006, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is The Shamrao Vithal Cooperative Bank S V Marg branch located?
The Shamrao Vithal Cooperative Bank's S V Marg branch is located at H/2, ANANDASHRAM,SHAMRAO VITHAL MARG,MUMBAI-400 007, Mumbai, Maharashtra.
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 S V Marg branch but serve different purposes.
Is IFSC SVCB0000006 the same for all accounts at S V Marg branch?
Yes. The IFSC SVCB0000006 is shared by every account held at The Shamrao Vithal Cooperative Bank's S V Marg branch. Only the account number changes from customer to customer.
What is the phone number of The Shamrao Vithal Cooperative Bank S V Marg branch?
You can reach the branch at 22-23867924 during regular banking hours.
Summary
The IFSC code SVCB0000006 belongs to The Shamrao Vithal Cooperative Bank's S V MARG branch, located at H/2, ANANDASHRAM,SHAMRAO VITHAL MARG,MUMBAI-400 007 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.
