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SVC Co-operative Bank

BHINGAR URBAN COOP BANK LTD- BOLHEGAON BRANCH

+912412779777

IFSC CODE
SVCB0057007
MICR Code 414805006
Branch Code 057007
City / District AHMADNAGAR
State MAHARASHTRA
Office Address SHOP NO- 4, KRUSHRAJ RESIDENCY, NEAR HOTEL NAMRATA, BOLHEGAON ROAD, MIDC AHMEDNAGAR, PIN CODE- 414111
Phone +912412779777
📍 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 BHINGAR URBAN COOP BANK LTD- BOLHEGAON branch of SVC Co-operative Bank, the code SVCB0057007 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 SVCB0057007 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 BHINGAR URBAN COOP BANK LTD- BOLHEGAON

Payment Systems Supported by SVCB0057007

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—414805006—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 AHMADNAGAR typically follows the RBI holiday calendar. Digital transfers via SVCB0057007 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 SVCB0057007 is the valid code for BHINGAR URBAN COOP BANK LTD- BOLHEGAON at AHMADNAGAR, 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

  • • GST Calculator Online
  • • Personal Loan EMI Calc
  • • FD Interest Rates 2026
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Branch Context

  • • BHINGAR URBAN COOP BANK LTD- BOLHEGAON Contact
  • • Address of SVC Co-operative Bank
  • • MICR Code Finder
  • • MAHARASHTRA Banking Circle

Platform Links

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

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