IFSC Code of The Shamrao Vithal Cooperative Bank, Chiplun Urban Bank- Akurdi, Pimpri Chinchwad Branch, Maharashtra

Below are the complete branch details for The Shamrao Vithal Cooperative Bank, CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD branch, located in PUNE, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is SVCB0006016. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SVCB0006016 for The Shamrao Vithal Cooperative Bank – CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 – CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD is SVCB0006016. The first four letters SVCB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 006016 map to this branch in PUNE, MAHARASHTRA.

Branch details at a glance

About The Shamrao Vithal Cooperative Bank

The Shamrao Vithal Cooperative Bank operates a wide network of branches across India, including the Chiplun Urban Bank- Akurdi, Pimpri Chinchwad branch in Pune. 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, SVCB0006016.

About this branch

The branch is located at MAYUR SAMRUDDHI II, D WING, GROUND FLOOR, SHOP NO 66 & 67, PIMPRI CHINCHWAD MUNICIPAL CORPORATION, SR. NO 180/1, PLOT NO A & B, AKURDI, TALUKA HAVELI, PUNE- 411035. It serves the Pune 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 SVCB0006016 is used to identify this branch on the RBI payments network.

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 CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0006016 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 SVCB0006016 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 SVCB0006016

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 SVCB0006016 across all three.

NEFT to The Shamrao Vithal Cooperative Bank, CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD using IFSC SVCB0006016

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 SVCB0006016, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC SVCB0006016

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 – CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD, ensure your bank's portal accepts IFSC SVCB0006016 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Shamrao Vithal Cooperative Bank CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD (IFSC SVCB0006016)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0006016 in your mobile or internet banking app, and the money is credited to the CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Chiplun Urban Bank- Akurdi, Pimpri Chinchwad

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 SVCB0006016:

• 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 CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD is still linked to IFSC SVCB0006016.

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.

UPI payments and IFSC SVCB0006016

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 – CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD is still mapped to IFSC SVCB0006016. 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 SVCB0006016 and the beneficiary's account number to complete the transfer.

Account types you can open at the Chiplun Urban Bank- Akurdi, Pimpri Chinchwad branch

Once you have an account at The Shamrao Vithal Cooperative Bank – CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD, the IFSC SVCB0006016 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.

Banking services available

The Chiplun Urban Bank- Akurdi, Pimpri Chinchwad branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 20-27242824.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC SVCB0006016

MICR & cheque-truncation details

Cheques drawn on the Chiplun Urban Bank- Akurdi, Pimpri Chinchwad branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0006016 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC SVCB0006016

The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD 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 SVCB0006016 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.

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 – CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD:

• The IFSC is exactly SVCB0006016 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 CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD 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 Chiplun Urban Bank- Akurdi, Pimpri Chinchwad branch

The branch is located at MAYUR SAMRUDDHI II, D WING, GROUND FLOOR, SHOP NO 66 & 67, PIMPRI CHINCHWAD MUNICIPAL CORPORATION, SR. NO 180/1, PLOT NO A & B, AKURDI, TALUKA HAVELI, PUNE- 411035, which puts it inside Pune, the broader Pune 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 Chiplun Urban Bank- Akurdi, Pimpri Chinchwad branch” — the verified location pin for IFSC SVCB0006016 should appear at the top of the results.
2. Confirm the branch is open by calling 20-27242824 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 SVCB0006016 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SVCB0006016 for The Shamrao Vithal Cooperative Bank – CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD, 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 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 Chiplun Urban Bank- Akurdi, Pimpri Chinchwad branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SVCB0006016, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SVCB0006016 is the IFSC code of The Shamrao Vithal Cooperative Bank, CHIPLUN URBAN BANK- AKURDI, PIMPRI CHINCHWAD branch, in PUNE, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.