IFSC Code of Suco Souharda Sahakari Bank Ltd, Koppal Branch, Koppal, Karnataka — SUSB0000005

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 Koppal Branch branch in Koppal, Koppal, 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 Koppal or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SUSB0000005. 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, Koppal Branch, Koppal

The table below shows the main details of the IFSC Code SUSB0000005 for the Suco Souharda Sahakari Bank Ltd branch in Koppal, which falls under the Koppal district in Karnataka.

These details help users in online banking and for businesses and individuals who use Suco Souharda Sahakari Bank Ltd in Koppal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUSB0000005 for the Koppal Branch 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Suco Souharda Sahakari Bank Ltd located in Koppal Branch, Koppal, Karnataka, is provided a unique IFSC like SUSB0000005 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Suco Souharda Sahakari Bank Ltd branch in Koppal.
• 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 Koppal and Koppal.
• 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 Karnataka and the rest of India, the IFSC Code ensures that transactions meant for Suco Souharda Sahakari Bank Ltd in Koppal Branch do not get misguided to another person.

Format of the IFSC Code SUSB0000005

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

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Suco Souharda 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 Koppal Branch in Koppal.

For example, the IFSC Code SUSB0000005 of Suco Souharda Sahakari Bank Ltd for the Koppal Branch branch includes these elements, identifying the bank and the branch location in Koppal and Karnataka accurately.

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

To find the IFSC Code SUSB0000005 of Suco Souharda Sahakari Bank Ltd for its Koppal Branch branch located in Koppal, the following methods can help you out:

Cheque Book

The cheque book issued by Suco Souharda Sahakari Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Suco Souharda Sahakari Bank Ltd branches in Koppal and Koppal, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Suco Souharda Sahakari Bank Ltd and go to the branch locator section. Then search for Koppal Branch or Koppal to find the exact IFSC Code SUSB0000005.

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 maintains an updated database of all IFSC codes. Searching for Suco Souharda Sahakari Bank Ltd and Koppal will provide accurate information.

How to Use IFSC Code SUSB0000005 for Online Transfers?

Once you have the IFSC Code SUSB0000005 for the Koppal Branch branch of Suco Souharda Sahakari Bank Ltd in Koppal, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SUSB0000005. 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 SUSB0000005.

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 Koppal Branch in Koppal 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 Koppal 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 Koppal to handle online money transfers and get their cheques cleared smoothly.