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 Suco Souharda Sahakari Bank Ltd for its Kalaburagi branch in Kalaburagi, Kalaburagi, Karnataka, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Suco Souharda Sahakari Bank Ltd situated in Kalaburagi or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SUSB0000028. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Suco Souharda Sahakari Bank Ltd, Kalaburagi, Kalaburagi

Below in the table are the key details related to IFSC Code SUSB0000028 of Suco Souharda Sahakari Bank Ltd for its branch located in Kalaburagi, within the district of Kalaburagi in the state of Karnataka.

Particulars Details
Bank Suco Souharda Sahakari Bank Ltd
IFSC Code SUSB0000028
Branch Kalaburagi
City Kalaburagi
District Kalaburagi
State Karnataka
Address Grand Central Complex,Corp No 1-891/16/1/1 &16/E/Ef/13&14,Kotanoor (D), Near Ram Mandir, Kalburagi-585102

These details helps users in online banking and for businesses and individuals who use Suco Souharda Sahakari Bank Ltd in Kalaburagi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUSB0000028 for the Kalaburagi branch of Suco Souharda Sahakari Bank Ltd plays a vital 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 Kalaburagi, Kalaburagi, Karnataka, are allotted a unique IFSC like SUSB0000028 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kalaburagi.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Kalaburagi and Kalaburagi.
  • 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 Kalaburagi reaches the right place, even though there are thousands of branches in Karnataka and across India.

Format of the IFSC Code SUSB0000028

This is the format of the IFSC Code for banks, including Suco Souharda Sahakari Bank Ltd, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Suco Souharda 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 Kalaburagi in Kalaburagi.

For example, the IFSC Code SUSB0000028 of Suco Souharda Sahakari Bank Ltd for the Kalaburagi branch includes these elements, identifying the bank and the branch location in Kalaburagi and Karnataka accurately.

How to Find IFSC Code for Suco Souharda Sahakari Bank Ltd?

If you are looking for the IFSC Code SUSB0000028 of Suco Souharda Sahakari Bank Ltd for its Kalaburagi branch located in Kalaburagi, the following methods can help:

Cheque Book

The cheque book that is issued by Suco Souharda 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 Suco Souharda Sahakari Bank Ltd branches in Kalaburagi and Kalaburagi, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Suco Souharda Sahakari Bank Ltd and look for the branch locator section, then search for Kalaburagi or Kalaburagi to get the exact IFSC Code SUSB0000028.

Mobile Banking App

If you use Suco Souharda 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 Suco Souharda Sahakari Bank Ltd and Kalaburagi, then it will provide you proper information.

How to Use IFSC Code SUSB0000028 for Online Transfers?

Once you have the IFSC Code SUSB0000028 for the Kalaburagi branch of Suco Souharda Sahakari Bank Ltd in Kalaburagi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SUSB0000028. 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 SUSB0000028.

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 Kalaburagi in Kalaburagi, 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 Kalaburagi, 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 Kalaburagi manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Suco Souharda Sahakari Bank Ltd in Kalaburagi, Kalaburagi?

The IFSC Code is SUSB0000028.

Is the IFSC Code SUSB0000028 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Suco Souharda Sahakari Bank Ltd Kalaburagi?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kalaburagi branch?

The address of the branch is Grand Central Complex,Corp No 1-891/16/1/1 &16/E/Ef/13&14,Kotanoor (D), Near Ram Mandir, Kalburagi-585102 located in Kalaburagi, Kalaburagi, Karnataka.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.