IFSC Code of The Shamrao Vithal Cooperative Bank, Chiplun Urban Bank-Sangmeshwar Branch, Maharashtra

Below are the complete branch details for The Shamrao Vithal Cooperative Bank, CHIPLUN URBAN BANK-SANGMESHWAR branch, located in SANGAMESHWAR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is SVCB0006011. 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 SVCB0006011 for The Shamrao Vithal Cooperative Bank – CHIPLUN URBAN BANK-SANGMESHWAR — 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, SVCB0006011 is the IFSC of The Shamrao Vithal Cooperative Bank's CHIPLUN URBAN BANK-SANGMESHWAR branch. The format is fixed: SVCB = bank code, 0 = reserved, 006011 = 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 Chiplun Urban Bank-Sangmeshwar branch in Sangameshwar, Maharashtra is part of this network and uses the IFSC code SVCB0006011 for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at BHINGARDE COMPLEX, BAZARPETH, A/P/TAL.SANGMESHWAR PIN CODE NO. 415611. It serves the Sangameshwar 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 SVCB0006011 is used to identify this branch on the RBI payments network.

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 CHIPLUN URBAN BANK-SANGMESHWAR branch came to be assigned the code SVCB0006011.

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 SVCB0006011, money simply cannot be routed to the CHIPLUN URBAN BANK-SANGMESHWAR branch electronically.

Products and account variants supported

Every account opened at the Chiplun Urban Bank-Sangmeshwar branch is mapped to IFSC SVCB0006011 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 SVCB0006011.

Products and services

Customers walking into the Chiplun Urban Bank-Sangmeshwar 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 SVCB0006011

How to transfer money using IFSC SVCB0006011

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 SVCB0006011 across all three.

How to use IFSC SVCB0006011 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 CHIPLUN URBAN BANK-SANGMESHWAR 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 SVCB0006011.
4. Confirm the bank name auto-populates as The Shamrao Vithal Cooperative Bank and the branch as CHIPLUN URBAN BANK-SANGMESHWAR.
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 SVCB0006011

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-SANGMESHWAR, ensure your bank's portal accepts IFSC SVCB0006011 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Shamrao Vithal Cooperative Bank CHIPLUN URBAN BANK-SANGMESHWAR (IFSC SVCB0006011)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0006011 in your mobile or internet banking app, and the money is credited to the CHIPLUN URBAN BANK-SANGMESHWAR branch account within seconds.

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

All three modes accept the IFSC SVCB0006011 for The Shamrao Vithal Cooperative Bank – CHIPLUN URBAN BANK-SANGMESHWAR, 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 Chiplun Urban Bank-Sangmeshwar 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 SVCB0006011

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-SANGMESHWAR is still mapped to IFSC SVCB0006011. 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 SVCB0006011 and the beneficiary's account number to complete the transfer.

Digital banking channels

Most day-to-day work that customers used to do at the Chiplun Urban Bank-Sangmeshwar 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 SVCB0006011 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 Chiplun Urban Bank-Sangmeshwar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0006011 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 – CHIPLUN URBAN BANK-SANGMESHWAR:

• The IFSC is exactly SVCB0006011 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-SANGMESHWAR 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-Sangmeshwar branch

The branch is located at BHINGARDE COMPLEX, BAZARPETH, A/P/TAL.SANGMESHWAR PIN CODE NO. 415611, which puts it inside Sangameshwar, the broader Ratnagiri 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-Sangmeshwar branch” — the verified location pin for IFSC SVCB0006011 should appear at the top of the results.
2. Confirm the branch is open by calling 2354-253229 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 SVCB0006011 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SVCB0006011 for The Shamrao Vithal Cooperative Bank – CHIPLUN URBAN BANK-SANGMESHWAR, 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 Chiplun Urban Bank-Sangmeshwar 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 SVCB0006011 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SVCB0006011 belongs to The Shamrao Vithal Cooperative Bank's CHIPLUN URBAN BANK-SANGMESHWAR branch, located at BHINGARDE COMPLEX, BAZARPETH, A/P/TAL.SANGMESHWAR PIN CODE NO. 415611 in SANGAMESHWAR, 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.