IFSC Code of The Shamrao Vithal Cooperative Bank, Vidya Bank-Bhosari Branch, Maharashtra

Below are the complete branch details for The Shamrao Vithal Cooperative Bank, VIDYA BANK-BHOSARI branch, located in PUNE, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is SVCB0003010. 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 SVCB0003010 for The Shamrao Vithal Cooperative Bank – VIDYA BANK-BHOSARI — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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, SVCB0003010 is the IFSC of The Shamrao Vithal Cooperative Bank's VIDYA BANK-BHOSARI branch. The format is fixed: SVCB = bank code, 0 = reserved, 003010 = branch identifier.

Bank profile

The Shamrao Vithal Cooperative Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Vidya Bank-Bhosari branch — IFSC SVCB0003010 — extends the bank's services to customers in and around Pune, Maharashtra.

Vidya Bank-Bhosari branch overview

Located at S NO 681, HISSA NO 1/16 CITY, S NO 3403, SHOP NO 1, SAIDHAM BUILDING, BHOSARI,PUNE - 411 026, the Vidya Bank-Bhosari branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SVCB0003010 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

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 VIDYA BANK-BHOSARI of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0003010 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 SVCB0003010 the same way you would treat your account number — verify it once and save it carefully for future use.

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 SVCB0003010 and the account number together uniquely identify the Vidya Bank-Bhosari branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC SVCB0003010

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 SVCB0003010 across all three.

NEFT to The Shamrao Vithal Cooperative Bank, VIDYA BANK-BHOSARI using IFSC SVCB0003010

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 SVCB0003010, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – VIDYA BANK-BHOSARI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to VIDYA BANK-BHOSARI

If you need to transfer ₹2 lakh or more in one go to an account at The Shamrao Vithal Cooperative Bank's VIDYA BANK-BHOSARI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SVCB0003010 while initiating the transfer and the credit will appear within minutes.

IMPS to The Shamrao Vithal Cooperative Bank VIDYA BANK-BHOSARI (IFSC SVCB0003010)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0003010 in your mobile or internet banking app, and the money is credited to the VIDYA BANK-BHOSARI branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Vidya Bank-Bhosari

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 SVCB0003010:

• 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 VIDYA BANK-BHOSARI is still linked to IFSC SVCB0003010.

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 SVCB0003010

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 – VIDYA BANK-BHOSARI is still mapped to IFSC SVCB0003010. 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 SVCB0003010 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Vidya Bank-Bhosari branch is mapped to IFSC SVCB0003010 on the RBI payments network. The branch generally supports the full retail product catalogue of The Shamrao Vithal Cooperative Bank, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains SVCB0003010.

Banking services available

The Vidya Bank-Bhosari branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 20-27111749.

• 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 SVCB0003010

Digital banking channels

Most day-to-day work that customers used to do at the Vidya Bank-Bhosari 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 SVCB0003010 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 Vidya Bank-Bhosari branch sits at S NO 681, HISSA NO 1/16 CITY, S NO 3403, SHOP NO 1, SAIDHAM BUILDING, BHOSARI,PUNE - 411 026. If you are travelling from outside Pune, search for the branch on a maps application using the bank name and locality, or call 20-27111749 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 SVCB0003010 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 – VIDYA BANK-BHOSARI:

• The IFSC is exactly SVCB0003010 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 VIDYA BANK-BHOSARI 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 Vidya Bank-Bhosari 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 SVCB0003010 continue to work without interruption.

Verifying IFSC SVCB0003010 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 SVCB0003010 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 20-27111749.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SVCB0003010 belongs to The Shamrao Vithal Cooperative Bank's VIDYA BANK-BHOSARI branch, located at S NO 681, HISSA NO 1/16 CITY, S NO 3403, SHOP NO 1, SAIDHAM BUILDING,… in PUNE, 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.