Use this page as a one-stop reference for everything related to The Shamrao Vithal Cooperative Bank's AHMEDNAGAR SHAHAR S BK-M.I.D.C. branch in NAGAPUR, MAHARASHTRA. The branch's IFSC code SVCB0008007 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.
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, SVCB0008007 is the IFSC of The Shamrao Vithal Cooperative Bank's AHMEDNAGAR SHAHAR S BK-M.I.D.C. branch. The format is fixed: SVCB = bank code, 0 = reserved, 008007 = branch identifier.
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 Ahmednagar Shahar S Bk-M.I.D.C. branch in Nagapur, Maharashtra is part of this network and uses the IFSC code SVCB0008007 for all electronic settlement.
About this branch
The branch is located at ARTHKAM, THE PLACE SHOP NO. 1 TO 7, OPP. NAGAPUR PETROL PUMP, NAGAR-MANMAD ROAD, NAGAPUR, AHMEDNAGAR- 414027.. It serves the Nagapur 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 SVCB0008007 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | The Shamrao Vithal Cooperative Bank |
|---|---|
| Branch | Ahmednagar Shahar S Bk-M.I.D.C. |
| IFSC Code | SVCB0008007 |
| MICR Code | Refer to cheque leaf |
| Branch Address | ARTHKAM, THE PLACE SHOP NO. 1 TO 7, OPP. NAGAPUR PETROL PUMP, NAGAR-MANMAD ROAD, NAGAPUR, AHMEDNAGAR- 414027. |
| City | Nagapur |
| District | Ahmadnagar |
| State | Maharashtra |
| STD Code | 241 |
| Phone | 2778280 |
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 AHMEDNAGAR SHAHAR S BK-M.I.D.C. branch came to be assigned the code SVCB0008007.
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 SVCB0008007, money simply cannot be routed to the AHMEDNAGAR SHAHAR S BK-M.I.D.C. branch electronically.
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 SVCB0008007 and the account number together uniquely identify the Ahmednagar Shahar S Bk-M.I.D.C. branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC SVCB0008007
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 SVCB0008007 across all three.
NEFT to The Shamrao Vithal Cooperative Bank, AHMEDNAGAR SHAHAR S BK-M.I.D.C. using IFSC SVCB0008007
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 SVCB0008007, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – AHMEDNAGAR SHAHAR S BK-M.I.D.C.. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC SVCB0008007
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 – AHMEDNAGAR SHAHAR S BK-M.I.D.C., ensure your bank's portal accepts IFSC SVCB0008007 while registering the beneficiary. RTGS is also available 24x7.
IMPS to The Shamrao Vithal Cooperative Bank AHMEDNAGAR SHAHAR S BK-M.I.D.C. (IFSC SVCB0008007)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0008007 in your mobile or internet banking app, and the money is credited to the AHMEDNAGAR SHAHAR S BK-M.I.D.C. branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SVCB0008007 for The Shamrao Vithal Cooperative Bank – AHMEDNAGAR SHAHAR S BK-M.I.D.C., 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 – SVCB0008007 | Yes – SVCB0008007 | Yes – SVCB0008007 |
For most retail customers crediting the Ahmednagar Shahar S Bk-M.I.D.C. 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.
UPI payments and IFSC SVCB0008007
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 – AHMEDNAGAR SHAHAR S BK-M.I.D.C. is still mapped to IFSC SVCB0008007. 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 SVCB0008007 and the beneficiary's account number to complete the transfer.
Account types you can open at the Ahmednagar Shahar S Bk-M.I.D.C. branch
Once you have an account at The Shamrao Vithal Cooperative Bank – AHMEDNAGAR SHAHAR S BK-M.I.D.C., the IFSC SVCB0008007 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 Ahmednagar Shahar S Bk-M.I.D.C. 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 SVCB0008007
Digital banking channels
Most day-to-day work that customers used to do at the Ahmednagar Shahar S Bk-M.I.D.C. 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 SVCB0008007 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.
Reaching the branch
The Ahmednagar Shahar S Bk-M.I.D.C. branch sits at ARTHKAM, THE PLACE SHOP NO. 1 TO 7, OPP. NAGAPUR PETROL PUMP, NAGAR-MANMAD ROAD, NAGAPUR, AHMEDNAGAR- 414027.. If you are travelling from outside Nagapur, search for the branch on a maps application using the bank name and locality, or call 241-2778280 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 SVCB0008007 and your account number.
Common mistakes to avoid when using IFSC SVCB0008007
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 – AHMEDNAGAR SHAHAR S BK-M.I.D.C., 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:
SVCB0008007. - 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.
Working hours
Branch counters at Ahmednagar Shahar S Bk-M.I.D.C. 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 SVCB0008007 continue to work without interruption.
Other ways to verify the IFSC code
While this page already lists the verified IFSC SVCB0008007 for The Shamrao Vithal Cooperative Bank – AHMEDNAGAR SHAHAR S BK-M.I.D.C., 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 address & contact
The Shamrao Vithal Cooperative BankAhmednagar Shahar S Bk-M.I.D.C. Branch
ARTHKAM, THE PLACE SHOP NO. 1 TO 7, OPP. NAGAPUR PETROL PUMP, NAGAR-MANMAD ROAD, NAGAPUR, AHMEDNAGAR- 414027.
Nagapur, Maharashtra
Phone: 241-2778280
IFSC: SVCB0008007
Frequently asked questions
How do I add The Shamrao Vithal Cooperative Bank Ahmednagar Shahar S Bk-M.I.D.C. as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SVCB0008007, and complete OTP verification. Once activated, you can transfer funds at any time.
Where is The Shamrao Vithal Cooperative Bank Ahmednagar Shahar S Bk-M.I.D.C. branch located?
The Shamrao Vithal Cooperative Bank's Ahmednagar Shahar S Bk-M.I.D.C. branch is located at ARTHKAM, THE PLACE SHOP NO. 1 TO 7, OPP. NAGAPUR PETROL PUMP, NAGAR-MANMAD ROAD, NAGAPUR, AHMEDNAGAR- 414027., Nagapur, Maharashtra.
Is IFSC SVCB0008007 the same for all accounts at Ahmednagar Shahar S Bk-M.I.D.C. branch?
Yes. The IFSC SVCB0008007 is shared by every account held at The Shamrao Vithal Cooperative Bank's Ahmednagar Shahar S Bk-M.I.D.C. branch. Only the account number changes from customer to customer.
Does The Shamrao Vithal Cooperative Bank Ahmednagar Shahar S Bk-M.I.D.C. branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 241-2778280 to confirm.
How quickly will an NEFT transfer using SVCB0008007 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Shamrao Vithal Cooperative Bank – Ahmednagar Shahar S Bk-M.I.D.C. reflect within 30 minutes.
Is IFSC SVCB0008007 valid for NEFT and RTGS?
Yes. IFSC SVCB0008007 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code SVCB0008007 belongs to The Shamrao Vithal Cooperative Bank's AHMEDNAGAR SHAHAR S BK-M.I.D.C. branch, located at ARTHKAM, THE PLACE SHOP NO. 1 TO 7, OPP. NAGAPUR PETROL PUMP, NAGAR-MANMAD… in NAGAPUR, 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.
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