IFSC Code of The Shamrao Vithal Cooperative Bank, Hindustan Coop Bk- Ambernath East Branch, Maharashtra

Use this page as a one-stop reference for everything related to The Shamrao Vithal Cooperative Bank's HINDUSTAN COOP BK- AMBERNATH EAST branch in THANE, MAHARASHTRA. The branch's IFSC code SVCB0001029 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

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, SVCB0001029 is the IFSC of The Shamrao Vithal Cooperative Bank's HINDUSTAN COOP BK- AMBERNATH EAST branch. The format is fixed: SVCB = bank code, 0 = reserved, 001029 = 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 Hindustan Coop Bk- Ambernath East branch in Thane, Maharashtra is part of this network and uses the IFSC code SVCB0001029 for all electronic settlement.

Hindustan Coop Bk- Ambernath East branch overview

Located at SHOP NO. 2, 3 & 4, GROUND FLOOR, DHAWALGIRI APRT, 43A, SURVEY NO 8776, VADAVALI SECTION, AMBERNATH EAST, THANE- 421501, the Hindustan Coop Bk- Ambernath East branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SVCB0001029 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 HINDUSTAN COOP BK- AMBERNATH EAST of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0001029 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 SVCB0001029 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 SVCB0001029 and the account number together uniquely identify the Hindustan Coop Bk- Ambernath East branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC SVCB0001029

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 SVCB0001029 across all three.

NEFT to The Shamrao Vithal Cooperative Bank, HINDUSTAN COOP BK- AMBERNATH EAST using IFSC SVCB0001029

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 SVCB0001029, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – HINDUSTAN COOP BK- AMBERNATH EAST. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to HINDUSTAN COOP BK- AMBERNATH EAST

If you need to transfer ₹2 lakh or more in one go to an account at The Shamrao Vithal Cooperative Bank's HINDUSTAN COOP BK- AMBERNATH EAST branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SVCB0001029 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to The Shamrao Vithal Cooperative Bank – HINDUSTAN COOP BK- AMBERNATH EAST, use IMPS. With IFSC SVCB0001029 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Hindustan Coop Bk- Ambernath East

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 SVCB0001029:

• 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 HINDUSTAN COOP BK- AMBERNATH EAST is still linked to IFSC SVCB0001029.

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 SVCB0001029

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 – HINDUSTAN COOP BK- AMBERNATH EAST is still mapped to IFSC SVCB0001029. 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 SVCB0001029 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Hindustan Coop Bk- Ambernath East branch is mapped to IFSC SVCB0001029 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 SVCB0001029.

Banking services available

The Hindustan Coop Bk- Ambernath East branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 91-8291295667.

• 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 SVCB0001029

Online banking and IFSC SVCB0001029

The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the HINDUSTAN COOP BK- AMBERNATH EAST 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 SVCB0001029 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.

Reaching the branch

The Hindustan Coop Bk- Ambernath East branch sits at SHOP NO. 2, 3 & 4, GROUND FLOOR, DHAWALGIRI APRT, 43A, SURVEY NO 8776, VADAVALI SECTION, AMBERNATH EAST, THANE- 421501. If you are travelling from outside Thane, search for the branch on a maps application using the bank name and locality, or call 91-8291295667 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 SVCB0001029 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 – HINDUSTAN COOP BK- AMBERNATH EAST:

• The IFSC is exactly SVCB0001029 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 HINDUSTAN COOP BK- AMBERNATH EAST 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 Hindustan Coop Bk- Ambernath East 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 SVCB0001029 continue to work without interruption.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SVCB0001029 for The Shamrao Vithal Cooperative Bank – HINDUSTAN COOP BK- AMBERNATH EAST, 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 address & contact

Frequently asked questions

Final notes

To recap: SVCB0001029 is the IFSC code of The Shamrao Vithal Cooperative Bank, HINDUSTAN COOP BK- AMBERNATH EAST branch, in THANE, 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.