IFSC Code of The Shamrao Vithal Cooperative Bank, The Revdanda Co-Op Urban Bank Ltd- Poynad Branch, Maharashtra

If you are searching for the IFSC code of The Shamrao Vithal Cooperative Bank, THE REVDANDA CO-OP URBAN BANK LTD- POYNAD branch in POYNAD, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SVCB0042005. 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 THE REVDANDA CO-OP URBAN BANK LTD- POYNAD branch, and detailed step-by-step guides for using the IFSC SVCB0042005 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.

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 THE REVDANDA CO-OP URBAN BANK LTD- POYNAD branch, the IFSC SVCB0042005 breaks down as follows: SVCB identifies the bank, 0 is the reserved character, and 042005 identifies this particular branch.

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 The Revdanda Co-Op Urban Bank Ltd- Poynad branch in Poynad, Maharashtra is part of this network and uses the IFSC code SVCB0042005 for all electronic settlement.

Branch details at a glance

The Revdanda Co-Op Urban Bank Ltd- Poynad branch overview

Located at AT POST- POYNAD, RADA HARI SANKUL, TALUKA ALIBAG, DISTRICT RAIGAD, PIN NO 402108, the The Revdanda Co-Op Urban Bank Ltd- Poynad branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SVCB0042005 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 THE REVDANDA CO-OP URBAN BANK LTD- POYNAD of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0042005 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 SVCB0042005 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the The Revdanda Co-Op Urban Bank Ltd- Poynad branch

Once you have an account at The Shamrao Vithal Cooperative Bank – THE REVDANDA CO-OP URBAN BANK LTD- POYNAD, the IFSC SVCB0042005 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 The Revdanda Co-Op Urban Bank Ltd- Poynad 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 SVCB0042005

How to transfer money using IFSC SVCB0042005

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 SVCB0042005 across all three.

How to use IFSC SVCB0042005 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Shamrao Vithal Cooperative Bank's THE REVDANDA CO-OP URBAN BANK LTD- POYNAD branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC SVCB0042005.
4. Confirm the bank name auto-populates as The Shamrao Vithal Cooperative Bank and the branch as THE REVDANDA CO-OP URBAN BANK LTD- POYNAD.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC SVCB0042005

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 – THE REVDANDA CO-OP URBAN BANK LTD- POYNAD, ensure your bank's portal accepts IFSC SVCB0042005 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to The Shamrao Vithal Cooperative Bank – THE REVDANDA CO-OP URBAN BANK LTD- POYNAD, use IMPS. With IFSC SVCB0042005 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 SVCB0042005 for The Shamrao Vithal Cooperative Bank – THE REVDANDA CO-OP URBAN BANK LTD- POYNAD, 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 The Revdanda Co-Op Urban Bank Ltd- Poynad 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 THE REVDANDA CO-OP URBAN BANK LTD- POYNAD branch, the IFSC SVCB0042005 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.

Digital banking channels

Most day-to-day work that customers used to do at the The Revdanda Co-Op Urban Bank Ltd- Poynad 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 SVCB0042005 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.

MICR & cheque-truncation details

Cheques drawn on the The Revdanda Co-Op Urban Bank Ltd- Poynad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0042005 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

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 – THE REVDANDA CO-OP URBAN BANK LTD- POYNAD:

• The IFSC is exactly SVCB0042005 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 THE REVDANDA CO-OP URBAN BANK LTD- POYNAD 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.

Reaching the branch

The The Revdanda Co-Op Urban Bank Ltd- Poynad branch sits at AT POST- POYNAD, RADA HARI SANKUL, TALUKA ALIBAG, DISTRICT RAIGAD, PIN NO 402108. If you are travelling from outside Poynad, search for the branch on a maps application using the bank name and locality, or call 2413-8407988777 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 SVCB0042005 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SVCB0042005 for The Shamrao Vithal Cooperative Bank – THE REVDANDA CO-OP URBAN BANK LTD- POYNAD, 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.

Working hours

Branch counters at The Revdanda Co-Op Urban Bank Ltd- Poynad 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 SVCB0042005 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SVCB0042005 belongs to The Shamrao Vithal Cooperative Bank's THE REVDANDA CO-OP URBAN BANK LTD- POYNAD branch, located at AT POST- POYNAD, RADA HARI SANKUL, TALUKA ALIBAG, DISTRICT RAIGAD, PIN NO 402108 in POYNAD, 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.