There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Pavana Sahakari Bank Ltd for its Kalewadi branch in Pune, Pune, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Pavana Sahakari Bank Ltd situated in Pune or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code PSBL0000006. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Pavana Sahakari Bank Ltd, Kalewadi, Pune
Here are the main details that are associated with the IFSC Code PSBL0000006 of Pavana Sahakari Bank Ltd for its branch located in Pune, within the district of Pune in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Pavana Sahakari Bank Ltd |
| IFSC Code | PSBL0000006 |
| Branch | Kalewadi |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Madhura,Servey No.13,Near Sonai Mangal Karyalay,Thergoan,Pune -411033 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Pavana Sahakari Bank Ltd in Pune for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PSBL0000006 for the Kalewadi branch of Pavana 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 Pavana Sahakari Bank Ltd located in Kalewadi, Pune, Maharashtra, are allotted a unique IFSC like PSBL0000006 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Pune.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Pune and Pune.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Pavana Sahakari Bank Ltd in Kalewadi reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code PSBL0000006
The format of the IFSC Code for banks, including Pavana Sahakari Bank Ltd, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Pavana Sahakari Bank Ltd, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kalewadi in Pune.
For example, the IFSC Code PSBL0000006 of Pavana Sahakari Bank Ltd for the Kalewadi 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 looking for the IFSC Code PSBL0000006 of Pavana Sahakari Bank Ltd for its Kalewadi branch located in Pune, the following methods can help:
Cheque Book
The cheque book that is issued by Pavana Sahakari 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 Pavana Sahakari Bank Ltd branches in Pune and Pune, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Pavana Sahakari Bank Ltd and look for the branch locator section, then search for Kalewadi or Pune to get the exact IFSC Code PSBL0000006.
Mobile Banking App
If you use Pavana Sahakari 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 Pavana Sahakari Bank Ltd and Pune, then it will provide you proper information.
How to Use IFSC Code PSBL0000006 for Online Transfers?
If you have the IFSC Code PSBL0000006 for the Kalewadi branch of Pavana Sahakari Bank Ltd in Pune, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PSBL0000006. 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 Pavana Sahakari Bank Ltd IFSC Code PSBL0000006.
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 Pavana Sahakari Bank Ltd Kalewadi in Pune, 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 Pavana Sahakari Bank Ltd in Kalewadi, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Pune manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kalewadi Pune branch is PSBL0000006.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Madhura,Servey No.13,Near Sonai Mangal Karyalay,Thergoan,Pune -411033.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.