The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Himachal Pradesh State Cooperative Bank Ltd for its Hatwar branch in Hatwar, Bilaspur, Himachal Pradesh, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Himachal Pradesh State Cooperative Bank Ltd located in Hatwar or anywhere in Himachal Pradesh can transfer funds instantly by using the correct IFSC Code HPSC0000129. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Himachal Pradesh State Cooperative Bank Ltd, Hatwar, Hatwar
Here are some of the key details that come with the IFSC Code HPSC0000129 of Himachal Pradesh State Cooperative Bank Ltd for its branch located in Hatwar, within the district of Bilaspur in the state of Himachal Pradesh.
| Particulars | Details |
|---|---|
| Bank | Himachal Pradesh State Cooperative Bank Ltd |
| IFSC Code | HPSC0000129 |
| Branch | Hatwar |
| City | Hatwar |
| District | Bilaspur |
| State | Himachal Pradesh |
| Address | Hatwar Tehsil Ghumarwin |
These details are important not only for users using online banking but also for businesses and individuals who use Himachal Pradesh State Cooperative Bank Ltd in Hatwar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code HPSC0000129 for the Hatwar branch of Himachal Pradesh State Cooperative Bank Ltd is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Himachal Pradesh State Cooperative Bank Ltd located in Hatwar, Hatwar, Himachal Pradesh, is provided with a unique IFSC like HPSC0000129 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Himachal Pradesh State Cooperative Bank Ltd branch in Hatwar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Hatwar and Bilaspur.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Himachal Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Himachal Pradesh State Cooperative Bank Ltd in Hatwar do not get mixed with another location.
Format of the IFSC Code HPSC0000129
The format of the IFSC Code for banks, including Himachal Pradesh State Cooperative Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Himachal Pradesh State Cooperative Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Hatwar in Hatwar.
For example, the IFSC Code HPSC0000129 of Himachal Pradesh State Cooperative Bank Ltd for the Hatwar branch includes these elements, identifying the bank and the branch location in Hatwar and Himachal Pradesh accurately.
How to Find IFSC Code for Himachal Pradesh State Cooperative Bank Ltd?
If you are trying to find the IFSC Code HPSC0000129 of Himachal Pradesh State Cooperative Bank Ltd for its Hatwar branch located in Hatwar, the following methods can help:
Cheque Book
The cheque book issued by Himachal Pradesh State Cooperative Bank Ltd includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Himachal Pradesh State Cooperative Bank Ltd branches in Hatwar and Bilaspur, print them on the first page of your passbook.
Bank Website
Visit the official website of Himachal Pradesh State Cooperative Bank Ltd and navigate to the branch locator section. Search for Hatwar or Hatwar to get the exact IFSC Code HPSC0000129.
Mobile Banking App
If you use Himachal Pradesh State Cooperative Bank Ltd's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Himachal Pradesh State Cooperative Bank Ltd and Hatwar, you'll get the correct details.
How to Use IFSC Code HPSC0000129 for Online Transfers?
Once you have the IFSC Code HPSC0000129 for the Hatwar branch of Himachal Pradesh State Cooperative Bank Ltd in Hatwar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code HPSC0000129. The transfer is completed in batches instead of instantly. It is useful for both personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Himachal Pradesh State Cooperative Bank Ltd IFSC Code HPSC0000129.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Himachal Pradesh State Cooperative Bank Ltd Hatwar in Hatwar, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Himachal Pradesh State Cooperative Bank Ltd in Hatwar, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Himachal Pradesh State Cooperative Bank Ltd website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Hatwar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Hatwar Hatwar branch is HPSC0000129.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Hatwar Tehsil Ghumarwin.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.