IFSC Code SVCB0006014 - The Shamrao Vithal Cooperative Bank Chiplun Urban Bank-margtamhane

The Shamrao Vithal Cooperative Bank Chiplun Urban Bank-margtamhane Branch IFSC Code SVCB0006014 — Complete Banking Guide for Chiplun, Maharashtra

IFSC code SVCB0006014 belongs to the Chiplun Urban Bank-margtamhane branch of The Shamrao Vithal Cooperative Bank in Chiplun, Ratnagiri district, Maharashtra. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC SVCB0006014 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.

About The Shamrao Vithal Cooperative Bank, Chiplun Urban Bank-margtamhane Branch

The Chiplun Urban Bank-margtamhane branch of The Shamrao Vithal Cooperative Bank in Chiplun, Maharashtra serves retail and corporate customers in Ratnagiri district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC SVCB0006014 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.

Payment Methods Using IFSC SVCB0006014

Four primary digital payment rails use IFSC SVCB0006014 for transfers to The Shamrao Vithal Cooperative Bank, Chiplun Urban Bank-margtamhane: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC SVCB0006014 against the RBI IFSC master list before processing the payment.

MICR Code and Branch Details

In addition to the IFSC, the Chiplun Urban Bank-margtamhane branch of The Shamrao Vithal Cooperative Bank in Chiplun carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC SVCB0006014 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.

How to Verify IFSC SVCB0006014 Before Transferring

Before initiating any high-value transfer to IFSC SVCB0006014, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) The Shamrao Vithal Cooperative Bank's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.