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 Hutatma Sahakari Bank Ltd for its Bhilawadi branch in Sangli, Sangli, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Hutatma Sahakari Bank Ltd located in Sangli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code HUSB0000010. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Hutatma Sahakari Bank Ltd, Bhilawadi, Sangli
Here are the key points that are associated with the IFSC Code HUSB0000010 of Hutatma Sahakari Bank Ltd for its branch located in Sangli, within the district of Sangli in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Hutatma Sahakari Bank Ltd |
| IFSC Code | HUSB0000010 |
| Branch | Bhilawadi |
| City | Sangli |
| District | Sangli |
| State | Maharashtra |
| Address | Agrwal Complex Tal Palus,Dist-Sangli |
These details are essential not only for online banking users but also for businesses and individuals who use Hutatma Sahakari Bank Ltd in Sangli for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HUSB0000010 for the Bhilawadi branch of Hutatma Sahakari Bank Ltd plays an important role.
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 Hutatma Sahakari Bank Ltd located in Bhilawadi, Sangli, Maharashtra, is provided with a unique IFSC like HUSB0000010 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Hutatma Sahakari Bank Ltd branch in Sangli.
- 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 Sangli and Sangli.
- 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Hutatma Sahakari Bank Ltd in Bhilawadi do not get mixed with another location.
Format of the IFSC Code HUSB0000010
The format of the IFSC Code for banks, including Hutatma Sahakari Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Hutatma Sahakari 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 Bhilawadi in Sangli.
For example, the IFSC Code HUSB0000010 of Hutatma Sahakari Bank Ltd for the Bhilawadi branch includes these elements, identifying the bank and the branch location in Sangli and Maharashtra accurately.
How to Find IFSC Code for Hutatma Sahakari Bank Ltd?
If you are trying to find the IFSC Code HUSB0000010 of Hutatma Sahakari Bank Ltd for its Bhilawadi branch located in Sangli, the following methods can help:
Cheque Book
The cheque book issued by Hutatma Sahakari 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 Hutatma Sahakari Bank Ltd branches in Sangli and Sangli, print them on the first page of your passbook.
Bank Website
Visit the official website of Hutatma Sahakari Bank Ltd and navigate to the branch locator section. Search for Bhilawadi or Sangli to get the exact IFSC Code HUSB0000010.
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 keeps an updated list of all IFSC codes. If you search for Hutatma Sahakari Bank Ltd and Sangli, you'll get the correct details.
How to Use IFSC Code HUSB0000010 for Online Transfers?
If you have the IFSC Code HUSB0000010 for the Bhilawadi branch of Hutatma Sahakari Bank Ltd in Sangli, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code HUSB0000010. 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 HUSB0000010.
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 Bhilawadi in Sangli, it may result in delayed or failed transactions.
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 Hutatma Sahakari Bank Ltd in Bhilawadi, 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 Hutatma Sahakari Bank Ltd website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Sangli manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is HUSB0000010.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Agrwal Complex Tal Palus,Dist-Sangli located in Sangli, Sangli, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.