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 Suco Souharda Sahakari Bank Ltd for its Kudligi branch in Kudligi, Bellary, Karnataka, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Suco Souharda Sahakari Bank Ltd located in Kudligi or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SUSB0000024. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Suco Souharda Sahakari Bank Ltd, Kudligi, Kudligi
Here are the main details that are associated with the IFSC Code SUSB0000024 of Suco Souharda Sahakari Bank Ltd for its branch located in Kudligi, within the district of Bellary in the state of Karnataka.
| Particulars | Details |
|---|---|
| Bank | Suco Souharda Sahakari Bank Ltd |
| IFSC Code | SUSB0000024 |
| Branch | Kudligi |
| City | Kudligi |
| District | Bellary |
| State | Karnataka |
| Address | No.1G/65,78,78A,Ward No.1,Gundappa Kakkuppi Complex,Kudligi-583135 |
These details help users in online banking and for businesses and individuals who use Suco Souharda Sahakari Bank Ltd in Kudligi for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUSB0000024 for the Kudligi 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 provided by the Reserve Bank of India. Every bank branch, including Suco Souharda Sahakari Bank Ltd located in Kudligi, Kudligi, Karnataka, is provided with a unique IFSC like SUSB0000024 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Suco Souharda Sahakari Bank Ltd branch in Kudligi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Kudligi and Bellary.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Karnataka and the rest of India and the IFSC Code ensures that transactions meant for Suco Souharda Sahakari Bank Ltd in Kudligi do not get mixed with another location.
Format of the IFSC Code SUSB0000024
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 Kudligi in Kudligi.
For example, the IFSC Code SUSB0000024 of Suco Souharda Sahakari Bank Ltd for the Kudligi branch includes these elements, identifying the bank and the branch location in Kudligi and Karnataka accurately.
How to Find IFSC Code for Suco Souharda Sahakari Bank Ltd?
If you are trying to find the IFSC Code SUSB0000024 of Suco Souharda Sahakari Bank Ltd for its Kudligi branch located in Kudligi, 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 Kudligi and Bellary, 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 Kudligi or Kudligi to get the exact IFSC Code SUSB0000024.
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 Kudligi, you'll get the correct details.
How to Use IFSC Code SUSB0000024 for Online Transfers?
Once you have the IFSC Code SUSB0000024 for the Kudligi branch of Suco Souharda Sahakari Bank Ltd in Kudligi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SUSB0000024. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Suco Souharda Sahakari Bank Ltd IFSC Code SUSB0000024.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Suco Souharda Sahakari Bank Ltd Kudligi in Kudligi, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Suco Souharda Sahakari Bank Ltd in Kudligi, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Suco Souharda Sahakari Bank Ltd website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Kudligi manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SUSB0000024.
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 No.1G/65,78,78A,Ward No.1,Gundappa Kakkuppi Complex,Kudligi-583135 located in Kudligi, Bellary, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.