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SVC Co-operative Bank

UDUPI BRANCH

+918202521900

IFSC CODE
SVCB0000170
MICR Code 576089002
Branch Code 000170
City / District UDUPI
State KARNATAKA
Office Address 10/3/1 C GURIKRIPA MOSQUE ROAD UDUPI 576101
Phone +918202521900
📍 View Branch on Google Maps

Understanding IFSC Code: The Digital DNA of SVC Co-operative Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the UDUPI branch of SVC Co-operative Bank, the code SVCB0000170 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the SVCB0000170 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"SVCB" represents SVC Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for UDUPI

Payment Systems Supported by SVCB0000170

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code—576089002—is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The SVC Co-operative Bank in UDUPI typically follows the RBI holiday calendar. Digital transfers via SVCB0000170 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While SVCB0000170 is the valid code for UDUPI at UDUPI, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

Related Searches

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Financial Tools

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  • • Personal Loan EMI Calc
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Branch Context

  • • UDUPI Contact
  • • Address of SVC Co-operative Bank
  • • MICR Code Finder
  • • KARNATAKA Banking Circle

Platform Links

  • • Anand Design DevBox
  • • SEO Performance Hub
  • • Webmaster Tools
  • • IFSC Finder v2.0

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