The city of Alwar in the Indian state of Rajasthan is located within Indias National Capital Region. It functions as the administrative headquarters of the eponymous district in Rajasthan. It was formerly known as Ulwar. The city is a hub of tourism as it has several forts, lakes, heritage havelis as well as nature reserves in and around the city. Alwar houses Rajasthans very first private engineering college called the Institute of Engineering and Technology. The city is fairly rich in minerals. Traces of marble, granite, feldspar, dolomite, quartz, limestone, soapstone, barites, copper clay, copper ore and pyrophyllite are found in and around the city. Tourism fuels the economy of Alwar as the city is home to exotic locations of tourist interest. The Bhangarh Fort and the Sariska Tiger Reserve are major tourist attractions. Fairy Queen, Bala Qila, City Palace, Moosi Maharani ki Chhatri, Ashokas Buddhist stupa, Hill Fort Kesroli, etc are other dynamic places that attract tourists to Alwar.
The SVC Bank was initially registered as a Co-operative Credit Society on 27 December 1906. In 1907, cumulative deposit scheme, fixed deposit scheme and saving bank deposit were introduced by the bank. The bank in opened first Co-operative store in 1910. In 1915, the first Co-operative housing society was built in Bombay. In 1927, the Fidelity Guarantee Fund was launched simultaneously with Distress Relief Fund in 1931 and Staff Gratuity Fund in 1954. In 1964, Safe Deposit Vaults were introduced by the bank. In Fiscal 2016, the deposits of the bank crossed 13000 crores. In 2002, the corporate office was opened by the bank at SVC Tower in Vakola. In 2003, Genius I Core banking solution was implemented in all the branches of SVC bank. In 2006, the SVC bank successfully sold the software. In 2007, AD-I license was offered to the Shamrao Vithal Co-operative bank. The SVC bank was also allowed to sell the core banking software services to small co-operative banks. By 2010, the bank sold software services to around 25 other banks. The 193rd branch of the SVC bank was opened at Khmagaon. The Bank is present in 10 States of India. Maharashtra, Karnataka, Tamil Nadu, Telangana, Delhi, Rajasthan, Haryana, Goa, Gujarat and Madhya Pradesh