IFSC Code of The Shamrao Vithal Cooperative Bank, Wai Urban Coop Bk Ltd-Bibvewadi Branch, Maharashtra

If you are searching for the IFSC code of The Shamrao Vithal Cooperative Bank, WAI URBAN COOP BK LTD-BIBVEWADI branch in PUNE, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SVCB0016016. 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 WAI URBAN COOP BK LTD-BIBVEWADI branch, and detailed step-by-step guides for using the IFSC SVCB0016016 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 WAI URBAN COOP BK LTD-BIBVEWADI branch, the IFSC SVCB0016016 breaks down as follows: SVCB identifies the bank, 0 is the reserved character, and 016016 identifies this particular branch.

Branch details at a glance

Bank profile

The Shamrao Vithal Cooperative Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Wai Urban Coop Bk Ltd-Bibvewadi branch — IFSC SVCB0016016 — extends the bank's services to customers in and around Pune, Maharashtra.

About the Wai Urban Coop Bk Ltd-Bibvewadi branch

The Wai Urban Coop Bk Ltd-Bibvewadi branch of The Shamrao Vithal Cooperative Bank is situated at 635/2, 642,643, PLOT NO. 1, MAHESH CO-OP HOUSING SOCIETY, BIBVEWADI, PUNE- 411037. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code SVCB0016016 is used.

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 WAI URBAN COOP BK LTD-BIBVEWADI branch came to be assigned the code SVCB0016016.

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 SVCB0016016, money simply cannot be routed to the WAI URBAN COOP BK LTD-BIBVEWADI branch electronically.

How to transfer money using IFSC SVCB0016016

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 SVCB0016016 across all three.

How to use IFSC SVCB0016016 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 WAI URBAN COOP BK LTD-BIBVEWADI 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 SVCB0016016.
4. Confirm the bank name auto-populates as The Shamrao Vithal Cooperative Bank and the branch as WAI URBAN COOP BK LTD-BIBVEWADI.
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 SVCB0016016

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 – WAI URBAN COOP BK LTD-BIBVEWADI, ensure your bank's portal accepts IFSC SVCB0016016 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 – WAI URBAN COOP BK LTD-BIBVEWADI, use IMPS. With IFSC SVCB0016016 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 SVCB0016016 for The Shamrao Vithal Cooperative Bank – WAI URBAN COOP BK LTD-BIBVEWADI, 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 Wai Urban Coop Bk Ltd-Bibvewadi 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 SVCB0016016

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 – WAI URBAN COOP BK LTD-BIBVEWADI is still mapped to IFSC SVCB0016016. 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 SVCB0016016 and the beneficiary's account number to complete the transfer.

Account types you can open at the Wai Urban Coop Bk Ltd-Bibvewadi branch

Once you have an account at The Shamrao Vithal Cooperative Bank – WAI URBAN COOP BK LTD-BIBVEWADI, the IFSC SVCB0016016 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 Wai Urban Coop Bk Ltd-Bibvewadi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 20-24223777.

• 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 SVCB0016016

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 SVCB0016016 and the account number together uniquely identify the Wai Urban Coop Bk Ltd-Bibvewadi branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Online banking and IFSC SVCB0016016

The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the WAI URBAN COOP BK LTD-BIBVEWADI 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 SVCB0016016 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 – WAI URBAN COOP BK LTD-BIBVEWADI:

• The IFSC is exactly SVCB0016016 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 WAI URBAN COOP BK LTD-BIBVEWADI 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 Wai Urban Coop Bk Ltd-Bibvewadi branch sits at 635/2, 642,643, PLOT NO. 1, MAHESH CO-OP HOUSING SOCIETY, BIBVEWADI, PUNE- 411037. If you are travelling from outside Pune, search for the branch on a maps application using the bank name and locality, or call 20-24223777 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 SVCB0016016 and your account number.

Verifying IFSC SVCB0016016 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 SVCB0016016 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 20-24223777.
• Visiting the bank's official branch locator page.

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 Wai Urban Coop Bk Ltd-Bibvewadi branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SVCB0016016, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SVCB0016016 is the IFSC code of The Shamrao Vithal Cooperative Bank, WAI URBAN COOP BK LTD-BIBVEWADI 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.