The city of Hapur is located in the district of the same name in the Indian state of Uttar Pradesh. It was earlier known as Haripur. The city falls under the National Capital Region and functions as the headquarters of the Hapur district. The city had been under the dominance of the French and the British. It has always been known for its several fine groves that surround the city. The economy of Hapur depends upon the cultivation and trade of sugar, grain, bamboo, cotton and timber. Brass utensils are also manufactured in Hapur and exported. The city is being rapidly developed. The Hapur-Pilkhuwa Development Region is being set up with many colleges, schools and a research institute. Housing complexes are also being constructed with large amounts of investment from famous developers such as Ansal Housing Group, Eros Group, etc. The city has an approximate population of 2.5 lakh residents. Steady and rapid urbanization will make Hapur a much-coveted place to settle in.
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