If you are searching for the IFSC code of The Shamrao Vithal Cooperative Bank, WALUJ branch in WALUJ, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is SVCB0000115. 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 WALUJ branch, and detailed step-by-step guides for using the IFSC SVCB0000115 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, SVCB0000115 is the IFSC of The Shamrao Vithal Cooperative Bank's WALUJ branch. The format is fixed: SVCB = bank code, 0 = reserved, 000115 = 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 Waluj branch in Waluj, Maharashtra is part of this network and uses the IFSC code SVCB0000115 for all electronic settlement.
Branch details at a glance
| Bank Name | The Shamrao Vithal Cooperative Bank |
|---|---|
| Branch | Waluj |
| IFSC Code | SVCB0000115 |
| MICR Code | Refer to cheque leaf |
| Branch Address | PLOT NO.P-102,MEENATAI THAKRE MARKET, BAJAJ NAGAR, MAHARANAPRATAP CHOWK, WALUJ AURANGABAD 431136. |
| City | Waluj |
| District | Aurangabad |
| State | Maharashtra |
| STD Code | 240 |
| Phone | 2554928 |
Waluj branch overview
Located at PLOT NO.P-102,MEENATAI THAKRE MARKET, BAJAJ NAGAR, MAHARANAPRATAP CHOWK, WALUJ AURANGABAD 431136., the Waluj branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SVCB0000115 is required for all interbank electronic transfers routed through this branch.
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 WALUJ of The Shamrao Vithal Cooperative Bank — its own 11-character IFSC. The code SVCB0000115 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 SVCB0000115 the same way you would treat your account number — verify it once and save it carefully for future use.
Account types you can open at the Waluj branch
Once you have an account at The Shamrao Vithal Cooperative Bank – WALUJ, the IFSC SVCB0000115 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 Waluj 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 SVCB0000115
How to transfer money using IFSC SVCB0000115
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 SVCB0000115 across all three.
NEFT to The Shamrao Vithal Cooperative Bank, WALUJ using IFSC SVCB0000115
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 SVCB0000115, and confirm that the system picks up The Shamrao Vithal Cooperative Bank – WALUJ. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.
RTGS transfers via IFSC SVCB0000115
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 – WALUJ, ensure your bank's portal accepts IFSC SVCB0000115 while registering the beneficiary. RTGS is also available 24x7.
IMPS to The Shamrao Vithal Cooperative Bank WALUJ (IFSC SVCB0000115)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SVCB0000115 in your mobile or internet banking app, and the money is credited to the WALUJ branch account within seconds.
Comparing NEFT, RTGS and IMPS for transfers to Waluj
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 SVCB0000115:
- 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 WALUJ is still linked to IFSC SVCB0000115.
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.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at The Shamrao Vithal Cooperative Bank's WALUJ branch, the IFSC SVCB0000115 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Digital banking channels
Most day-to-day work that customers used to do at the Waluj 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 SVCB0000115 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 Waluj branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SVCB0000115 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 – WALUJ:
- The IFSC is exactly SVCB0000115 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 WALUJ 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 Waluj branch sits at PLOT NO.P-102,MEENATAI THAKRE MARKET, BAJAJ NAGAR, MAHARANAPRATAP CHOWK, WALUJ AURANGABAD 431136.. If you are travelling from outside Waluj, search for the branch on a maps application using the bank name and locality, or call 240-2554928 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 SVCB0000115 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC SVCB0000115 for The Shamrao Vithal Cooperative Bank – WALUJ, 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 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 Waluj branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SVCB0000115, however, work 24x7.
Branch address & contact
The Shamrao Vithal Cooperative BankWaluj Branch
PLOT NO.P-102,MEENATAI THAKRE MARKET, BAJAJ NAGAR, MAHARANAPRATAP CHOWK, WALUJ AURANGABAD 431136.
Waluj, Maharashtra
Phone: 240-2554928
IFSC: SVCB0000115
Frequently asked questions
Does The Shamrao Vithal Cooperative Bank Waluj branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 240-2554928 to confirm.
What is the phone number of The Shamrao Vithal Cooperative Bank Waluj branch?
You can reach the branch at 240-2554928 during regular banking hours.
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 Waluj branch but serve different purposes.
How quickly will an NEFT transfer using SVCB0000115 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to The Shamrao Vithal Cooperative Bank – Waluj reflect within 30 minutes.
How do I add The Shamrao Vithal Cooperative Bank Waluj as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC SVCB0000115, and complete OTP verification. Once activated, you can transfer funds at any time.
Is IFSC SVCB0000115 the same for all accounts at Waluj branch?
Yes. The IFSC SVCB0000115 is shared by every account held at The Shamrao Vithal Cooperative Bank's Waluj branch. Only the account number changes from customer to customer.
Final notes
To recap: SVCB0000115 is the IFSC code of The Shamrao Vithal Cooperative Bank, WALUJ branch, in WALUJ, 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.
