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 Pavana Sahakari Bank Ltd for its Dapodi branch in Pune, Pune, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Pavana Sahakari Bank Ltd located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PSBL0000013. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Pavana Sahakari Bank Ltd, Dapodi, Pune
The table below shows the main details of the IFSC Code PSBL0000013 for the Pavana Sahakari Bank Ltd branch in Pune, which falls under the Pune district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Pavana Sahakari Bank Ltd |
| IFSC Code | PSBL0000013 |
| Branch | Dapodi |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Siddhi Towers 'A' Wing, Shop No. 6 / 31, Ganesh Nagar, Dapodi, Pune - 411012. |
These details help users in online banking and for businesses and individuals who use Pavana Sahakari Bank Ltd in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSBL0000013 for the Dapodi branch of Pavana Sahakari 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 provided by the Reserve Bank of India. Every bank branch, including Pavana Sahakari Bank Ltd located in Dapodi, Pune, Maharashtra, is provided with a unique IFSC like PSBL0000013 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Pavana Sahakari Bank Ltd branch in Pune.
- 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 Pune and Pune.
- 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 Pavana Sahakari Bank Ltd in Dapodi do not get mixed with another location.
Format of the IFSC Code PSBL0000013
This is the format of the IFSC Code for banks, including Pavana Sahakari Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Pavana 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 Dapodi in Pune.
For example, the IFSC Code PSBL0000013 of Pavana Sahakari Bank Ltd for the Dapodi branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Pavana Sahakari Bank Ltd?
If you are trying to find the IFSC Code PSBL0000013 of Pavana Sahakari Bank Ltd for its Dapodi branch located in Pune, the following methods can help:
Cheque Book
The cheque book issued by Pavana 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 Pavana Sahakari Bank Ltd branches in Pune and Pune, print them on the first page of your passbook.
Bank Website
Visit the official website of Pavana Sahakari Bank Ltd and navigate to the branch locator section. Search for Dapodi or Pune to get the exact IFSC Code PSBL0000013.
Mobile Banking App
If you use Pavana 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 Pavana Sahakari Bank Ltd and Pune, you'll get the correct details.
How to Use IFSC Code PSBL0000013 for Online Transfers?
Once you have the IFSC Code PSBL0000013 for the Dapodi branch of Pavana Sahakari Bank Ltd in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PSBL0000013. 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 Pavana Sahakari Bank Ltd IFSC Code PSBL0000013.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Pavana Sahakari Bank Ltd Dapodi in Pune 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 Pavana Sahakari Bank Ltd in Dapodi, 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 Pavana Sahakari Bank Ltd website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Pune manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is PSBL0000013.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Siddhi Towers 'A' Wing, Shop No. 6 / 31, Ganesh Nagar, Dapodi, Pune - 411012. located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.