A Numerical study of laminar vortex-shedding past a circular cylinder has been performed widely by many researchers. Many factors, such as numerical technique and domain size, number and shape of grid, affected predicting vortex shedding and Strouhal number. In the present study, the effect of convection scheme, time discretization methods and grid dependence were investigated. The present paper presents the finite volume solution of unsteady flow past circular cylinder at Re=200, 400. The Strouhal number was predicted using UDS, CDS, Hybrid, Power-law, LUDS, QUICK scheme for convection term, implicit and crank-nicolson methods for time discretization. The grid dependence was investigated using H-type mesh and O-type mesh. It also studied that the effect of mesh size of the nearest adjacent grid of circular cylinder. The effect of convection scheme is greater than the effect of time discretization on predicting Strouhal. It has been found that the predicted Strouhal number changed with mesh size and shape.