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 Chitradurga Branch branch in Chitradurga, Htaua, 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 Chitradurga or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SUSB0000016. 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, Chitradurga Branch, Chitradurga
The table below shows the main details of the IFSC Code SUSB0000016 for the Suco Souharda Sahakari Bank Ltd branch in Chitradurga, which falls under the Htaua district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Suco Souharda Sahakari Bank Ltd |
| IFSC Code | SUSB0000016 |
| Branch | Chitradurga Branch |
| City | Chitradurga |
| District | Htaua |
| State | Karnataka |
| Address | Ward No 33 Cmc 3201,Turvanur Road,Near Court,Chitradurga-577 501 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Suco Souharda Sahakari Bank Ltd in Chitradurga for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUSB0000016 for the Chitradurga Branch branch of Suco Souharda 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 Suco Souharda Sahakari Bank Ltd located in Chitradurga Branch, Chitradurga, Karnataka, are allotted a unique IFSC like SUSB0000016 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Chitradurga.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Chitradurga and Htaua.
- 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 Suco Souharda Sahakari Bank Ltd in Chitradurga Branch reaches the right place, even though there are thousands of branches in Karnataka and across India.
Format of the IFSC Code SUSB0000016
The format of the IFSC Code for banks, including Suco Souharda Sahakari Bank Ltd, follows 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 Chitradurga Branch in Chitradurga.
For example, the IFSC Code SUSB0000016 of Suco Souharda Sahakari Bank Ltd for the Chitradurga Branch branch includes these elements, identifying the bank and the branch location in Chitradurga and Karnataka accurately.
How to Find IFSC Code for Suco Souharda Sahakari Bank Ltd?
If you are trying to find the IFSC Code SUSB0000016 of Suco Souharda Sahakari Bank Ltd for its Chitradurga Branch branch located in Chitradurga, 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
Most banks, including Suco Souharda Sahakari Bank Ltd branches in Chitradurga and Htaua, print the IFSC and MICR codes 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 Chitradurga Branch or Chitradurga to get the exact IFSC Code SUSB0000016.
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 Chitradurga, you'll get the correct details.
How to Use IFSC Code SUSB0000016 for Online Transfers?
Once you have the IFSC Code SUSB0000016 for the Chitradurga Branch branch of Suco Souharda Sahakari Bank Ltd in Chitradurga, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SUSB0000016. 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 Suco Souharda Sahakari Bank Ltd IFSC Code SUSB0000016.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Suco Souharda Sahakari Bank Ltd Chitradurga Branch in Chitradurga 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 Suco Souharda Sahakari Bank Ltd in Chitradurga 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 Suco Souharda Sahakari Bank Ltd website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Chitradurga to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SUSB0000016.
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 Ward No 33 Cmc 3201,Turvanur Road,Near Court,Chitradurga-577 501 located in Chitradurga, Htaua, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.