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SVC Co-operative Bank

THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- CHAMRAJPET BRANCH

+918026678329

IFSC CODE
SVCB0041268
MICR Code 560226268
Branch Code 041268
City / District BANGALORE
State KARNATAKA
Office Address SAHAKARA SOURABHA, NO 234, 2ND CROSS, 4TH MAIN ROAD,CHAMRAJPET, BANGALORE- 560018
Phone +918026678329
📍 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 THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- CHAMRAJPET branch of SVC Co-operative Bank, the code SVCB0041268 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 SVCB0041268 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 THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- CHAMRAJPET

Payment Systems Supported by SVCB0041268

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—560226268—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 BANGALORE typically follows the RBI holiday calendar. Digital transfers via SVCB0041268 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 SVCB0041268 is the valid code for THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- CHAMRAJPET at BANGALORE, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Financial Tools

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Branch Context

  • • THE HOTEL INDUSTRIALISTS CO-OP BANK LTD- CHAMRAJPET 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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