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 Hutatma Sahakari Bank Ltd for its Kolhapur branch in Kolhapur, Kolhapur, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Hutatma Sahakari Bank Ltd located in Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code HUSB0000009. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Hutatma Sahakari Bank Ltd, Kolhapur, Kolhapur
Here are some of the key details that come with the IFSC Code HUSB0000009 of Hutatma Sahakari Bank Ltd for its branch located in Kolhapur, within the district of Kolhapur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Hutatma Sahakari Bank Ltd |
| IFSC Code | HUSB0000009 |
| Branch | Kolhapur |
| City | Kolhapur |
| District | Kolhapur |
| State | Maharashtra |
| Address | Shashivihar Appt 1St Lane,Shahupuri,Kolhapur,Dist-Kolhapur |
These details are crucial, not just for online banking users but also for businesses and individuals who use Hutatma Sahakari Bank Ltd in Kolhapur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HUSB0000009 for the Kolhapur branch of Hutatma Sahakari Bank Ltd has an 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 HUSB0000009 is given to every bank branch, including Hutatma Sahakari Bank Ltd located in Kolhapur, Kolhapur, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Hutatma Sahakari Bank Ltd branch in Kolhapur.
- 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 Kolhapur and Kolhapur.
- 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 Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Hutatma Sahakari Bank Ltd in Kolhapur doesn't end up at another location.
Format of the IFSC Code HUSB0000009
This is the format of the IFSC Code for banks, including Hutatma Sahakari Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Hutatma Sahakari Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kolhapur in Kolhapur.
For example, the IFSC Code HUSB0000009 of Hutatma Sahakari Bank Ltd for the Kolhapur branch includes these elements, identifying the bank and the branch location in Kolhapur and Maharashtra accurately.
How to Find IFSC Code for Hutatma Sahakari Bank Ltd?
To find the IFSC Code HUSB0000009 of Hutatma Sahakari Bank Ltd for its Kolhapur branch located in Kolhapur, the following methods can help you out:
Cheque Book
The cheque book issued by Hutatma Sahakari Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Hutatma Sahakari Bank Ltd branches in Kolhapur and Kolhapur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Hutatma Sahakari Bank Ltd and go to the branch locator section. Then search for Kolhapur or Kolhapur to find the exact IFSC Code HUSB0000009.
Mobile Banking App
If you use Hutatma Sahakari 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 maintains an updated database of all IFSC codes. Searching for Hutatma Sahakari Bank Ltd and Kolhapur will provide accurate information.
How to Use IFSC Code HUSB0000009 for Online Transfers?
If you have the IFSC Code HUSB0000009 for the Kolhapur branch of Hutatma Sahakari Bank Ltd in Kolhapur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code HUSB0000009. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Hutatma Sahakari Bank Ltd IFSC Code HUSB0000009.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Hutatma Sahakari Bank Ltd Kolhapur in Kolhapur, it may result in delayed or failed transactions.
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 Hutatma Sahakari Bank Ltd in Kolhapur, 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 Hutatma Sahakari Bank Ltd website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Kolhapur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is HUSB0000009.
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 Shashivihar Appt 1St Lane,Shahupuri,Kolhapur,Dist-Kolhapur located in Kolhapur, Kolhapur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.