For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Himachal Pradesh State Cooperative Bank Ltd for its Katgaon branch in Katgaon, Kinnaur, Himachal Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Himachal Pradesh State Cooperative Bank Ltd located in Katgaon or anywhere in Himachal Pradesh can transfer funds instantly by using the correct IFSC Code HPSC0000253. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Himachal Pradesh State Cooperative Bank Ltd, Katgaon, Katgaon
Below in the table are the key details related to IFSC Code HPSC0000253 of Himachal Pradesh State Cooperative Bank Ltd for its branch located in Katgaon, within the district of Kinnaur in the state of Himachal Pradesh.
| Particulars | Details |
|---|---|
| Bank | Himachal Pradesh State Cooperative Bank Ltd |
| IFSC Code | HPSC0000253 |
| Branch | Katgaon |
| City | Katgaon |
| District | Kinnaur |
| State | Himachal Pradesh |
| Address | Katgaon Pin 172118 |
These details help users in online banking and for businesses and individuals who use Himachal Pradesh State Cooperative Bank Ltd in Katgaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HPSC0000253 for the Katgaon branch of Himachal Pradesh State Cooperative Bank Ltd has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like HPSC0000253 is given to every bank branch, including Himachal Pradesh State Cooperative Bank Ltd located in Katgaon, Katgaon, Himachal Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Himachal Pradesh State Cooperative Bank Ltd branch in Katgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Katgaon and Kinnaur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Himachal Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Himachal Pradesh State Cooperative Bank Ltd in Katgaon doesn't end up at another location.
Format of the IFSC Code HPSC0000253
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:
- First 4 characters (AAAA): Show the bank code. For Himachal Pradesh State Cooperative Bank Ltd, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Katgaon in Katgaon.
For example, the IFSC Code HPSC0000253 of Himachal Pradesh State Cooperative Bank Ltd for the Katgaon branch includes these elements, identifying the bank and the branch location in Katgaon and Himachal Pradesh accurately.
How to Find IFSC Code for Himachal Pradesh State Cooperative Bank Ltd?
If you are looking for the IFSC Code HPSC0000253 of Himachal Pradesh State Cooperative Bank Ltd for its Katgaon branch located in Katgaon, the following methods can help:
Cheque Book
The cheque book that is issued by Himachal Pradesh State Cooperative Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Himachal Pradesh State Cooperative Bank Ltd branches in Katgaon and Kinnaur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Himachal Pradesh State Cooperative Bank Ltd and look for the branch locator section, then search for Katgaon or Katgaon to get the exact IFSC Code HPSC0000253.
Mobile Banking App
If you use Himachal Pradesh State Cooperative Bank Ltd's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Himachal Pradesh State Cooperative Bank Ltd and Katgaon, then it will provide you proper information.
How to Use IFSC Code HPSC0000253 for Online Transfers?
Once you have the IFSC Code HPSC0000253 for the Katgaon branch of Himachal Pradesh State Cooperative Bank Ltd in Katgaon, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code HPSC0000253. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 HPSC0000253.
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 Katgaon in Katgaon, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Himachal Pradesh State Cooperative Bank Ltd in Katgaon, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Katgaon to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is HPSC0000253.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Katgaon Pin 172118 located in Katgaon, Kinnaur, Himachal Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.