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 Suco Souharda Sahakari Bank Ltd for its Belagavi branch in Belagavi, Belagavi, Karnataka, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Suco Souharda Sahakari Bank Ltd located in Belagavi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SUSB0000026. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Suco Souharda Sahakari Bank Ltd, Belagavi, Belagavi
Here are the main details that are associated with the IFSC Code SUSB0000026 of Suco Souharda Sahakari Bank Ltd for its branch located in Belagavi, within the district of Belagavi in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Suco Souharda Sahakari Bank Ltd |
| IFSC Code | SUSB0000026 |
| Branch | Belagavi |
| City | Belagavi |
| District | Belagavi |
| State | Karnataka |
| Address | Ccb No-2538,Meerapur Galli,Shahapur,Belagavi-590003 |
These details help users in online banking and for businesses and individuals who use Suco Souharda Sahakari Bank Ltd in Belagavi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUSB0000026 for the Belagavi branch of Suco Souharda 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 that is provided by the Reserve Bank of India. A unique IFSC like SUSB0000026 is given to every bank branch, including Suco Souharda Sahakari Bank Ltd located in Belagavi, Belagavi, Karnataka, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Suco Souharda Sahakari Bank Ltd branch in Belagavi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Belagavi and Belagavi.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Suco Souharda Sahakari Bank Ltd in Belagavi doesn't end up at another location.
Format of the IFSC Code SUSB0000026
The format of the IFSC Code for banks, including Suco Souharda Sahakari Bank Ltd, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Suco Souharda 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 Belagavi in Belagavi.
For example, the IFSC Code SUSB0000026 of Suco Souharda Sahakari Bank Ltd for the Belagavi branch includes these elements, identifying the bank and the branch location in Belagavi and Karnataka correctly.
How to Find IFSC Code for Suco Souharda Sahakari Bank Ltd?
If you are trying to find the IFSC Code SUSB0000026 of Suco Souharda Sahakari Bank Ltd for its Belagavi branch located in Belagavi, the following methods can help:
Cheque Book
The cheque book issued by Suco Souharda 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 Suco Souharda Sahakari Bank Ltd branches in Belagavi and Belagavi, print them on the first page of your passbook.
Bank Website
Visit the official website of Suco Souharda Sahakari Bank Ltd and navigate to the branch locator section. Search for Belagavi or Belagavi to get the exact IFSC Code SUSB0000026.
Mobile Banking App
If you use Suco Souharda 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 Suco Souharda Sahakari Bank Ltd and Belagavi, you'll get the correct details.
How to Use IFSC Code SUSB0000026 for Online Transfers?
Once you have the IFSC Code SUSB0000026 for the Belagavi branch of Suco Souharda Sahakari Bank Ltd in Belagavi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code SUSB0000026. The transfer is completed in batches instead of instantly. It is useful for both 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 Suco Souharda Sahakari Bank Ltd IFSC Code SUSB0000026.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Suco Souharda Sahakari Bank Ltd Belagavi in Belagavi, your payment can get delayed or might not go through at all.
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 Suco Souharda Sahakari Bank Ltd in Belagavi, 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 Suco Souharda Sahakari Bank Ltd website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Belagavi manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is SUSB0000026.
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 Ccb No-2538,Meerapur Galli,Shahapur,Belagavi-590003 located in Belagavi, Belagavi, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.