SVC Co-operative Bank — THE DECCAN MERCHANTS CO-OP BANK LTD MUMBAI-GIRGAUM

MUMBAI, MAHARASHTRA

IFSC Code

SVCB0063002

MICR Code

400071002

Branch

THE DECCAN MERCHANTS CO-OP BANK LTD MUMBAI-GIRGAUM

Bank

SVC Co-operative Bank

District

MUMBAI

State

MAHARASHTRA

Contact

Not available

Address

217, RAJA RAMMOHAN ROY ROAD, GIRGAUM MUMBAI 400004

Get Directions to This Branch

Using IFSC SVCB0063002 for money transfers

NEFT transfers to THE DECCAN MERCHANTS CO-OP BANK LTD MUMBAI-GIRGAUM, one of SVC Co-operative Bank's branches in MUMBAI, are batch-processed rather than instant. Most transfers clear within 30 minutes to a couple of hours during banking hours, and NEFT now runs 24x7 on all days including weekends.

RTGS (Real Time Gross Settlement) is built for high-value transfers — ₹2 lakh and above — and settles individually rather than in batches, so money reaches THE DECCAN MERCHANTS CO-OP BANK LTD MUMBAI-GIRGAUM almost immediately once processed, rather than waiting for the next settlement window.

IMPS is built for urgency: transfers to THE DECCAN MERCHANTS CO-OP BANK LTD MUMBAI-GIRGAUM clear in seconds rather than minutes or hours, and it works around the clock — useful outside NEFT/RTGS's usual processing windows.

NEFT & RTGS Timing — System Hours vs. Branch Hours

A distinction that matters if you're transferring to THE DECCAN MERCHANTS CO-OP BANK LTD MUMBAI-GIRGAUM: the RBI settlement system runs 24x7 for NEFT and RTGS, but that doesn't mean this specific branch is open around the clock. Online transfers process any time; in-person or cash-based requests still depend on the branch actually being open.

MethodSystem HoursIf Visiting THE DECCAN MERCHANTS CO-OP BANK LTD MUMBAI-GIRGAUM In Person
NEFT24x7x365, including weekends and holidays (RBI mandate since 16 Dec 2019)Online/net-banking NEFT processes any time. An in-branch, cash, or cheque-based NEFT request still depends on that branch's working hours.
RTGS24x7x365, including weekends and holidays (RBI mandate since 14 Dec 2020)Minimum transfer amount is ₹2 lakh. Same system-vs-branch-hours distinction as NEFT applies for in-person requests.
IMPS24x7x365 — always has been, no banking-hours restriction at the system level.Typically capped per transaction depending on your bank's own limits (often around ₹5 lakh).

Sending funds to this SVC Co-operative Bank branch takes just a few steps:

  1. Log in to your bank's net banking portal or mobile banking app.
  2. Add a new beneficiary/payee, entering the recipient's full name and account number.
  3. Enter the IFSC code SVCB0063002 when prompted — this routes the transfer to THE DECCAN MERCHANTS CO-OP BANK LTD MUMBAI-GIRGAUM specifically.
  4. Most banks require a short cooling-off period (often a few hours) after adding a new beneficiary before the first transfer.
  5. Once the beneficiary is active, choose NEFT, RTGS, or IMPS based on the amount and how quickly you need it to arrive.
  6. Enter the amount, review the details (name, account number, IFSC), and confirm with your OTP/PIN.

Frequently asked questions

What is the IFSC code of the SVC Co-operative Bank THE DECCAN MERCHANTS CO-OP BANK LTD MUMBAI-GIRGAUM branch?

The IFSC code for SVC Co-operative Bank's THE DECCAN MERCHANTS CO-OP BANK LTD MUMBAI-GIRGAUM branch in MUMBAI, MAHARASHTRA is SVCB0063002. This 11-character code is required for NEFT, RTGS, and IMPS transfers to any account held at this branch.

What is the MICR code of this branch?

The MICR code for this branch is 400071002. MICR codes are used for cheque clearing, while the IFSC code (SVCB0063002) is what's needed for electronic transfers like NEFT and RTGS.

Where is the THE DECCAN MERCHANTS CO-OP BANK LTD MUMBAI-GIRGAUM branch of SVC Co-operative Bank located?

This branch is located at: 217, RAJA RAMMOHAN ROY ROAD, GIRGAUM MUMBAI 400004. It falls under MUMBAI district, MAHARASHTRA.

Can I use this IFSC code for both NEFT and RTGS transfers?

Yes — the same IFSC code (SVCB0063002) is used for NEFT, RTGS, and IMPS transfers to this branch. Which one you should pick depends on the amount and urgency, not the code itself: RTGS for ₹2 lakh+ needing near-instant settlement, NEFT for regular batch-processed transfers, and IMPS for smaller amounts that need to land in seconds.

Is there a phone number for this branch?

A direct contact number isn't listed for this branch in our records. Your best options are SVC Co-operative Bank's national customer care line or the nearest branch locator on the bank's official website.

Other SVC Co-operative Bank branches in MUMBAI

ANAND NAGAR DAHISAR EASTANDHERI EASTBANDRABANDRA EASTBANGUR NAGAR - GOREGAON WBHANDUPBHANDUP EASTBHARATI SAHAKARI BANK WORLI SEWRI

SVC Co-operative Bank in other districts of MAHARASHTRA

PUNE (52)AHMADNAGAR (20)THANE (16)DOMBIVLI (10)KALYAN (8)NEW BOMBAY (8)AURANGABAD (7)NASHIK (6)

IFSC and MICR code data sourced from bank-published branch records. While we take care to keep this current, always confirm the IFSC code with your bank before making a large transfer — see our disclaimer for details.