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 Rajarshi Shahu Sahakari Bank Ltd Pune for its Wagholi Branch 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 Rajarshi Shahu Sahakari Bank Ltd Pune located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code RSSB0000016. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Rajarshi Shahu Sahakari Bank Ltd Pune, Wagholi Branch, Pune
The table below shows the main details of the IFSC Code RSSB0000016 for the Rajarshi Shahu Sahakari Bank Ltd Pune branch in Pune, which falls under the Pune district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Rajarshi Shahu Sahakari Bank Ltd Pune |
| IFSC Code | RSSB0000016 |
| Branch | Wagholi Branch |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Ground Floor,Gat No-668 P,Show Room No-1& 2,Bellevie Centre,Kesnand Road,Wagholi,Pune-412207 |
These details help users in online banking and for businesses and individuals who use Rajarshi Shahu Sahakari Bank Ltd Pune in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code RSSB0000016 for the Wagholi Branch branch of Rajarshi Shahu Sahakari Bank Ltd Pune has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Rajarshi Shahu Sahakari Bank Ltd Pune located in Wagholi Branch, Pune, Maharashtra, is provided a unique IFSC like RSSB0000016 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Rajarshi Shahu Sahakari Bank Ltd Pune branch in Pune.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Pune and Pune.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Rajarshi Shahu Sahakari Bank Ltd Pune in Wagholi Branch do not get misguided to another person.
Format of the IFSC Code RSSB0000016
The format of the IFSC Code for banks, including Rajarshi Shahu Sahakari Bank Ltd Pune, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Rajarshi Shahu Sahakari Bank Ltd Pune, 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 Wagholi Branch in Pune.
For example, the IFSC Code RSSB0000016 of Rajarshi Shahu Sahakari Bank Ltd Pune for the Wagholi Branch branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Rajarshi Shahu Sahakari Bank Ltd Pune?
If you are trying to find the IFSC Code RSSB0000016 of Rajarshi Shahu Sahakari Bank Ltd Pune for its Wagholi Branch branch located in Pune, the following methods can help:
Cheque Book
The cheque book issued by Rajarshi Shahu Sahakari Bank Ltd Pune 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 Rajarshi Shahu Sahakari Bank Ltd Pune branches in Pune and Pune, print them on the first page of your passbook.
Bank Website
Visit the official website of Rajarshi Shahu Sahakari Bank Ltd Pune and navigate to the branch locator section. Search for Wagholi Branch or Pune to get the exact IFSC Code RSSB0000016.
Mobile Banking App
If you use Rajarshi Shahu Sahakari Bank Ltd Pune'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 Rajarshi Shahu Sahakari Bank Ltd Pune and Pune, you'll get the correct details.
How to Use IFSC Code RSSB0000016 for Online Transfers?
If you have the IFSC Code RSSB0000016 for the Wagholi Branch branch of Rajarshi Shahu Sahakari Bank Ltd Pune 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 RSSB0000016. 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 Rajarshi Shahu Sahakari Bank Ltd Pune IFSC Code RSSB0000016.
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 Rajarshi Shahu Sahakari Bank Ltd Pune Wagholi Branch 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 Rajarshi Shahu Sahakari Bank Ltd Pune in Wagholi Branch, 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 Rajarshi Shahu Sahakari Bank Ltd Pune website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Pune to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is RSSB0000016.
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 Ground Floor,Gat No-668 P,Show Room No-1& 2,Bellevie Centre,Kesnand Road,Wagholi,Pune-412207 located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.