IFSC Code of The Shamrao Vithal Cooperative Bank, Bharati Sahakari Bank-Panchgani Branch, Maharashtra

Use this page as a one-stop reference for everything related to The Shamrao Vithal Cooperative Bank's BHARATI SAHAKARI BANK-PANCHGANI branch in PANCHGANI, MAHARASHTRA. The branch's IFSC code SVCB0010012 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, SVCB0010012 is the IFSC of The Shamrao Vithal Cooperative Bank's BHARATI SAHAKARI BANK-PANCHGANI branch. The format is fixed: SVCB = bank code, 0 = reserved, 010012 = 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 Bharati Sahakari Bank-Panchgani branch in Panchgani, Maharashtra is part of this network and uses the IFSC code SVCB0010012 for all electronic settlement.

About this branch

The branch is located at SOMNATH COMPLEX, HANUMAN MANDIR ROAD, PANCHGANI, DIST. SATARA, PIN - 412 805.. It serves the Panchgani 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 SVCB0010012 is used to identify this branch on the RBI payments network.

Branch details at a glance

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 BHARATI SAHAKARI BANK-PANCHGANI branch came to be assigned the code SVCB0010012.

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 SVCB0010012, money simply cannot be routed to the BHARATI SAHAKARI BANK-PANCHGANI branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Bharati Sahakari Bank-Panchgani branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0010012 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 SVCB0010012

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 SVCB0010012 across all three.

NEFT to The Shamrao Vithal Cooperative Bank, BHARATI SAHAKARI BANK-PANCHGANI using IFSC SVCB0010012

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 SVCB0010012, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – BHARATI SAHAKARI BANK-PANCHGANI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC SVCB0010012

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 – BHARATI SAHAKARI BANK-PANCHGANI, ensure your bank's portal accepts IFSC SVCB0010012 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Shamrao Vithal Cooperative Bank BHARATI SAHAKARI BANK-PANCHGANI (IFSC SVCB0010012)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0010012 in your mobile or internet banking app, and the money is credited to the BHARATI SAHAKARI BANK-PANCHGANI branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC SVCB0010012 for The Shamrao Vithal Cooperative Bank – BHARATI SAHAKARI BANK-PANCHGANI, 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.

For most retail customers crediting the Bharati Sahakari Bank-Panchgani 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 SVCB0010012

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 – BHARATI SAHAKARI BANK-PANCHGANI is still mapped to IFSC SVCB0010012. 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 SVCB0010012 and the beneficiary's account number to complete the transfer.

Account types you can open at the Bharati Sahakari Bank-Panchgani branch

Once you have an account at The Shamrao Vithal Cooperative Bank – BHARATI SAHAKARI BANK-PANCHGANI, the IFSC SVCB0010012 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 Bharati Sahakari Bank-Panchgani 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 SVCB0010012

Online banking and IFSC SVCB0010012

The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the BHARATI SAHAKARI BANK-PANCHGANI 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 SVCB0010012 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.

Reaching the branch

The Bharati Sahakari Bank-Panchgani branch sits at SOMNATH COMPLEX, HANUMAN MANDIR ROAD, PANCHGANI, DIST. SATARA, PIN - 412 805.. If you are travelling from outside Panchgani, search for the branch on a maps application using the bank name and locality, or call 2168-240601 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 SVCB0010012 and your account number.

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 – BHARATI SAHAKARI BANK-PANCHGANI:

• The IFSC is exactly SVCB0010012 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 BHARATI SAHAKARI BANK-PANCHGANI 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.

Working hours

Branch counters at Bharati Sahakari Bank-Panchgani 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 SVCB0010012 continue to work without interruption.

Verifying IFSC SVCB0010012 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 SVCB0010012 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 2168-240601.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SVCB0010012 belongs to The Shamrao Vithal Cooperative Bank's BHARATI SAHAKARI BANK-PANCHGANI branch, located at SOMNATH COMPLEX, HANUMAN MANDIR ROAD, PANCHGANI, DIST. SATARA, PIN - 412 805. in PANCHGANI, 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.