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SVC Co-operative Bank

SAHAKAR NAGAR II Branch, PUNE

IFSC Code
SVCB0000124
Required for NEFT, RTGS, IMPS money transfers
MICR Code
411089021
Used in magnetic paper cheque clearing

11-Character IFSC Anatomy Breakdown

SVCB Bank Code (1-4)
0 Control Zero (5th)
000124 Branch Code (6-11)

Complete Branch Details

Full Address GROUND FLOOR, GHORPADE CHAMBERS, CTS NO 1893, S.NO. 84/4/3, PARVATI DARSHAN, SAHAKAR NAGAR 2, PUNE- 411009
State MAHARASHTRA
District / City PUNE
Centre / Region PUNE
Contact / Helpline +912024213311
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Electronic Transfer Capabilities & Limits

NEFT

Available 24x7

Half-hourly batch clearance

RTGS

Min. ₹2 Lakh

Real-time gross settlement

IMPS

Instant Transfer

Up to ₹5 Lakh limit

UPI / QR

1-Tap VPA

GPay, PhonePe, Paytm

How to Transfer Money to this Branch

  1. Log in to your mobile banking app or Internet Banking portal (SBI, HDFC, ICICI, etc.).
  2. Navigate to Fund Transfer → Add Beneficiary / Payee.
  3. Enter the recipient's Account Number and paste IFSC code SVCB0000124.
  4. Confirm bank name displays as SVC Co-operative Bank and branch as SAHAKAR NAGAR II.
  5. Select payment mode (IMPS for instant <₹5L, or RTGS for >₹2L) and authenticate with OTP/MPIN.

Frequently Asked Questions (SVCB0000124)

What is the IFSC code of SVC Co-operative Bank SAHAKAR NAGAR II branch? ↓

The verified 11-digit IFSC code is SVCB0000124. This unique alphanumeric code is used for routing electronic fund transfers via NEFT, RTGS, IMPS, and clearing networks across India.

Can I transfer money on Sundays and bank holidays using this IFSC code? ↓

Yes! Under Reserve Bank of India (RBI) directives, NEFT, RTGS, IMPS, and UPI operate 24x7x365, including Sundays, second/fourth Saturdays, and public holidays. Electronic transfers will be processed automatically without branch intervention.

What is the MICR code of SVC Co-operative Bank SAHAKAR NAGAR II? ↓

The 9-digit Magnetic Ink Character Recognition (MICR) code is 411089021. It is printed on cheque leaves for high-speed automated sorting at RBI clearing houses.

Where is the branch located? ↓

The official branch address is GROUND FLOOR, GHORPADE CHAMBERS, CTS NO 1893, S.NO. 84/4/3, PARVATI DARSHAN, SAHAKAR NAGAR 2, PUNE- 411009, located in PUNE district, MAHARASHTRA.

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AUNDH PUNE Branch

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PAUD ROAD Branch

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