If you are searching for the IFSC code of The Shamrao Vithal Cooperative Bank, VIRAR branch in VIRAR, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SVCB0000042. 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 VIRAR branch, and detailed step-by-step guides for using the IFSC SVCB0000042 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, SVCB0000042 is the IFSC of The Shamrao Vithal Cooperative Bank's VIRAR branch. The format is fixed: SVCB = bank code, 0 = reserved, 000042 = branch identifier.
About The Shamrao Vithal Cooperative Bank
The Shamrao Vithal Cooperative Bank operates a wide network of branches across India, including the Virar branch in Virar. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, SVCB0000042.
About this branch
The branch is located at BUILDING NO. 10, M BARIA UNIQUE,TIRUPATI NAGAR , PHASE 2, UNITECH WESTEND ROAD,VIRAR (WEST) 401 303. It serves the Virar 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 SVCB0000042 is used to identify this branch on the RBI payments network.
Branch details at a glance
| Bank Name | The Shamrao Vithal Cooperative Bank |
|---|---|
| Branch | Virar |
| IFSC Code | SVCB0000042 |
| MICR Code | Refer to cheque leaf |
| Branch Address | BUILDING NO. 10, M BARIA UNIQUE,TIRUPATI NAGAR , PHASE 2, UNITECH WESTEND ROAD,VIRAR (WEST) 401 303 |
| City | Virar |
| District | Thane |
| State | Maharashtra |
| STD Code | 250 |
| Phone | 2512696 |
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 VIRAR of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0000042 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 SVCB0000042 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 SVCB0000042 and the account number together uniquely identify the Virar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
How to transfer money using IFSC SVCB0000042
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 SVCB0000042 across all three.
NEFT to The Shamrao Vithal Cooperative Bank, VIRAR using IFSC SVCB0000042
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 SVCB0000042, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – VIRAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC SVCB0000042
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 – VIRAR, ensure your bank's portal accepts IFSC SVCB0000042 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 – VIRAR, use IMPS. With IFSC SVCB0000042 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 Virar
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 SVCB0000042:
- 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 VIRAR is still linked to IFSC SVCB0000042.
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 SVCB0000042
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 – VIRAR is still mapped to IFSC SVCB0000042. 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 SVCB0000042 and the beneficiary's account number to complete the transfer.
Account types you can open at the Virar branch
Once you have an account at The Shamrao Vithal Cooperative Bank – VIRAR, the IFSC SVCB0000042 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 Virar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 250-2512696.
- 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 SVCB0000042
Online banking and IFSC SVCB0000042
The Shamrao Vithal Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the VIRAR 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 SVCB0000042 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 Virar branch sits at BUILDING NO. 10, M BARIA UNIQUE,TIRUPATI NAGAR , PHASE 2, UNITECH WESTEND ROAD,VIRAR (WEST) 401 303. If you are travelling from outside Virar, search for the branch on a maps application using the bank name and locality, or call 250-2512696 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 SVCB0000042 and your account number.
Common mistakes to avoid when using IFSC SVCB0000042
An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to The Shamrao Vithal Cooperative Bank – VIRAR, double-check for these issues:
- Confusing 0 with O. The fifth character of every IFSC is the digit
0, not the letter O. Read carefully. - Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters:
SVCB0000042. - Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
- Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
- Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.
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 Virar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SVCB0000042, however, work 24x7.
Verifying IFSC SVCB0000042 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 SVCB0000042 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 250-2512696.
- Visiting the bank's official branch locator page.
Branch address & contact
The Shamrao Vithal Cooperative BankVirar Branch
BUILDING NO. 10, M BARIA UNIQUE,TIRUPATI NAGAR , PHASE 2, UNITECH WESTEND ROAD,VIRAR (WEST) 401 303
Virar, Maharashtra
Phone: 250-2512696
IFSC: SVCB0000042
Frequently asked questions
What is the phone number of The Shamrao Vithal Cooperative Bank Virar branch?
You can reach the branch at 250-2512696 during regular banking hours.
Can I use IFSC SVCB0000042 for IMPS transfers?
Yes. IMPS works 24x7 and you only need the beneficiary's account number plus IFSC SVCB0000042 to send funds instantly.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Virar branch but serve different purposes.
How do I add The Shamrao Vithal Cooperative Bank Virar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SVCB0000042, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC SVCB0000042 valid for NEFT and RTGS?
Yes. IFSC SVCB0000042 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Where is The Shamrao Vithal Cooperative Bank Virar branch located?
The Shamrao Vithal Cooperative Bank's Virar branch is located at BUILDING NO. 10, M BARIA UNIQUE,TIRUPATI NAGAR , PHASE 2, UNITECH WESTEND ROAD,VIRAR (WEST) 401 303, Virar, Maharashtra.
Final notes
To recap: SVCB0000042 is the IFSC code of The Shamrao Vithal Cooperative Bank, VIRAR branch, in VIRAR, 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.
