If you are searching for the IFSC code of The Shamrao Vithal Cooperative Bank, SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU branch in TUMKUR, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is SVCB0060002. 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 SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU branch, and detailed step-by-step guides for using the IFSC SVCB0060002 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.
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, SVCB0060002 is the IFSC of The Shamrao Vithal Cooperative Bank's SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU branch. The format is fixed: SVCB = bank code, 0 = reserved, 060002 = branch identifier.
Branch details at a glance
| Bank Name | The Shamrao Vithal Cooperative Bank |
|---|---|
| Branch | Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru |
| IFSC Code | SVCB0060002 |
| MICR Code | Refer to cheque leaf |
| Branch Address | OPP. ZILLA PANCHAYATH OFFICE, B H ROAD, 572102 |
| City | Tumkur |
| District | Tumkur |
| State | Karnataka |
| STD Code | 91 |
| Phone | 8162273195 |
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 Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru branch in Tumkur, Karnataka is part of this network and uses the IFSC code SVCB0060002 for all electronic settlement.
About this branch
The branch is located at OPP. ZILLA PANCHAYATH OFFICE, B H ROAD, 572102. It serves the Tumkur 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 SVCB0060002 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 SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0060002 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 SVCB0060002 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 SVCB0060002
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 SVCB0060002 across all three.
NEFT to The Shamrao Vithal Cooperative Bank, SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU using IFSC SVCB0060002
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 SVCB0060002, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
Real-Time Gross Settlement to SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU
If you need to transfer ₹2 lakh or more in one go to an account at The Shamrao Vithal Cooperative Bank's SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SVCB0060002 while initiating the transfer and the credit will appear within minutes.
IMPS to The Shamrao Vithal Cooperative Bank SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU (IFSC SVCB0060002)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0060002 in your mobile or internet banking app, and the money is credited to the SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC SVCB0060002 for The Shamrao Vithal Cooperative Bank – SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU, 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.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – SVCB0060002 | Yes – SVCB0060002 | Yes – SVCB0060002 |
For most retail customers crediting the Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru 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 SVCB0060002
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 – SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU is still mapped to IFSC SVCB0060002. 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 SVCB0060002 and the beneficiary's account number to complete the transfer.
Account types you can open at the Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru branch
Once you have an account at The Shamrao Vithal Cooperative Bank – SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU, the IFSC SVCB0060002 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.
Products and services
Customers walking into the Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru 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 SVCB0060002
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 SVCB0060002 and the account number together uniquely identify the Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Digital banking channels
Most day-to-day work that customers used to do at the Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru 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 SVCB0060002 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.
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 – SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU:
- The IFSC is exactly SVCB0060002 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 SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU 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 Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru branch sits at OPP. ZILLA PANCHAYATH OFFICE, B H ROAD, 572102. If you are travelling from outside Tumkur, search for the branch on a maps application using the bank name and locality, or call 91-8162273195 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 SVCB0060002 and your account number.
Verifying IFSC SVCB0060002 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 SVCB0060002 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 91-8162273195.
- 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 Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SVCB0060002, however, work 24x7.
Branch address & contact
The Shamrao Vithal Cooperative BankSri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru Branch
OPP. ZILLA PANCHAYATH OFFICE, B H ROAD, 572102
Tumkur, Karnataka
Phone: 91-8162273195
IFSC: SVCB0060002
Frequently asked questions
Is IFSC SVCB0060002 valid for NEFT and RTGS?
Yes. IFSC SVCB0060002 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
How quickly will an NEFT transfer using SVCB0060002 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Shamrao Vithal Cooperative Bank – Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru reflect within 30 minutes.
Can I use IFSC SVCB0060002 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SVCB0060002 to send funds instantly.
Where is The Shamrao Vithal Cooperative Bank Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru branch located?
The Shamrao Vithal Cooperative Bank's Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru branch is located at OPP. ZILLA PANCHAYATH OFFICE, B H ROAD, 572102, Tumkur, Karnataka.
Does The Shamrao Vithal Cooperative Bank Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 91-8162273195 to confirm.
Is IFSC SVCB0060002 the same for all accounts at Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru branch?
Yes. The IFSC SVCB0060002 is shared by every account held at The Shamrao Vithal Cooperative Bank's Sri Siddarameshwara Sahakara Bank Niyamitha- Tumkuru branch. Only the account number changes from customer to customer.
Summary
The IFSC code SVCB0060002 belongs to The Shamrao Vithal Cooperative Bank's SRI SIDDARAMESHWARA SAHAKARA BANK NIYAMITHA- TUMKURU branch, located at OPP. ZILLA PANCHAYATH OFFICE, B H ROAD, 572102 in TUMKUR, KARNATAKA. 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.
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