Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Hutatma Sahakari Bank Ltd for its Walwa branch in Sangli, Sangli, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Hutatma Sahakari Bank Ltd located in Sangli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code HUSB0000002. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Hutatma Sahakari Bank Ltd, Walwa, Sangli
Below in the table are the key details related to IFSC Code HUSB0000002 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 | HUSB0000002 |
| Branch | Walwa |
| City | Sangli |
| District | Sangli |
| State | Maharashtra |
| Address | B Type,Kamgar Bhavan,Karkhana Road,Walwa,Tal-Walwa,Dist-Sangli |
These details are crucial, not just for online banking users but also for businesses and individuals who use Hutatma Sahakari Bank Ltd in Sangli for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code HUSB0000002 for the Walwa 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 provided by the Reserve Bank of India. Every bank branch, along with Hutatma Sahakari Bank Ltd located in Walwa, Sangli, Maharashtra, are given a unique IFSC like HUSB0000002 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sangli.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Sangli and Sangli.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Hutatma Sahakari Bank Ltd in Walwa goes to the correct branch. This is important because Hutatma Sahakari Bank Ltd has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code HUSB0000002
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 Walwa in Sangli.
For example, the IFSC Code HUSB0000002 of Hutatma Sahakari Bank Ltd for the Walwa 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 HUSB0000002 of Hutatma Sahakari Bank Ltd for its Walwa 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 Walwa or Sangli to get the exact IFSC Code HUSB0000002.
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 HUSB0000002 for Online Transfers?
Once you have the IFSC Code HUSB0000002 for the Walwa branch of Hutatma Sahakari Bank Ltd in Sangli, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code HUSB0000002. Transfers are processed in batches. This is 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. Requires the recipient's account details and Hutatma Sahakari Bank Ltd IFSC Code HUSB0000002.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Hutatma Sahakari Bank Ltd Walwa in Sangli 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 Walwa, 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 Sangli to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is HUSB0000002.
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 B Type,Kamgar Bhavan,Karkhana Road,Walwa,Tal-Walwa,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.