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The Shamaro Vithal Co-operative Bank Ltd., popularly known as SVC Co-operative Bank, is a Multi-State Scheduled Bank. It was founded in 90 and rests on the pillars of thrift, fellowship, character, accommodation, and selfless service of all individuals and organizations who strive to help themselves progress. In 988, it was granted Scheduled Bank Status by the Reserve Bank of India. The bank was established with the objective of providing financial aid to deserving members. Based in Mumbai, India, it has branches across the country.
SVC C-operative Bank provides personal banking, corporate banking, and NRI banking products and services in India. In personal banking, it offers a wide range of services such as savings accounts and fixed deposits; vehicle loans, personal loans, retail mortgage loans, and office mortgage loans, loans against government securities, overdraft against marketable shares/stock gain, and overdraft against salary; and insurance and investment solutions, such as life, general, and health insurances. Its corporate banking solutions include current accounts; corporate finance solutions, including industrial loans, working capital, trade finance, and non-fund based loans; insurance and investment solutions, such as insurance products and mutual funds; and services, including RTGS, NEFT, ATM, any branch banking, and e-statement services In addition, the bank also offers NRI banking services such as NRE/NRO accounts, fixed deposits including term deposits for non-resident and foreign currency account for residents; forex loans; money transfer services; foreign currency sale/purchase services; and other services.
Life Insurance General Insurance Health insurances.
Corporate banking NRI banking products/services Fixed deposits
Vehicle loans Personal loans Retail mortgage loans Office mortgage loans Loans against government securities Overdraft against marketable shares/stock gain Overdraft against salary Non-fund based loans
IFSC code is used for hassle-free and convenient online or electronic fund transfer from one bank account to another via NEFT, RTGS and NEFT.
Helps uniquely identify a specific bank and its branch, helping customers to transfer funds to the right bank account.
IFSC Code enables customers to execute an online transfer of funds securely, hence eliminating the chances of any fraudulent activity in the fund transfer process.