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Seva Vikas Co-operative Bank: what happened to the bank and its IFSC codes

Seva Vikas Co-operative Bank is no longer on the register of banks. Seva Vikas Co-operative Bank was taken off the register of insured banks by DICGC, the deposit insurer owned by the Reserve Bank of India, in the year 2022-23 (April to March). A bank leaves that register when its licence is cancelled, when it is wound up, when it stops its banking business in India or when it becomes part of another bank. The official list gives no reason for this bank, so we do not state one.

Its IFSC codes are no longer in the lists of the Reserve Bank, so no payment can be sent to them. We have no record of a code that replaced them.

If you had a deposit there

Deposits in every bank in India are insured by DICGC up to ₹5 lakh for each depositor in each bank, counting principal and interest together (the limit since 4 February 2020). When the Reserve Bank cancels a bank's licence and a liquidator is appointed, depositors claim this amount through the liquidator; amounts above the limit depend on what the liquidator recovers. The official details are on dicgc.org.in.

Old codes of Seva Vikas Co-operative Bank

Branch thenPlaceOld IFSC codeWhat nowLast listed
Seva Vikas Co-operative Bank ImpsPuneSVBL0000001Not matched: see what to do2022-01

Check an old code

11 characters: 4 letters, a zero, then 6 letters or digits. You see the bank, branch, address and MICR code. An old code of a merged or closed bank works too: you see what happened to it.

Questions

Can I still send money to a Seva Vikas Co-operative Bank account?

No. Its IFSC codes are out of the payment system, so a payment to one of them is refused. Ask the person you want to pay for their current account details.

What replaced the IFSC codes of Seva Vikas Co-operative Bank?

We have no record of a replacement. The official list of de-registered banks shows no merger for this bank.

Old codes come from the lists published since December 2006. Current data as of 1 September 2026. All merged and closed banks