SVC Co-operative Bank Ltd. (SVC Bank – formerly known as The Shamrao Vithal Co-operative Bank Ltd.), one of India’s leading multi-state scheduled banks with a legacy of 118 years, announced the launch of its home-grown QR facility, SVC QR+, at the hands of S Ravinder Singh, Managing Director, SVC Bank, at the Bank’s Regional Office in Thane on October 13, 2025, marking a major milestone in its digital payments journey.

With this launch, SVC Bank now functions as both an issuing and acquiring bank under the Unified Payments Interface (UPI) framework, reinforcing its commitment to innovation in digital banking. As part of the initiative, the Bank will provide merchant customers with unique QR code stickers or QR codes with sound boxes, enabling seamless UPI-based payment acceptance across a

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