Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Suco Souharda Sahakari Bank Ltd for its Lingasugur Branch branch in Lingasugur, Raichur, Karnataka, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Suco Souharda Sahakari Bank Ltd located in Lingasugur or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SUSB0000013. You should definitely 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, Lingasugur Branch, Lingasugur
The table below shows the main details of the IFSC Code SUSB0000013 for the Suco Souharda Sahakari Bank Ltd branch in Lingasugur, which falls under the Raichur district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Suco Souharda Sahakari Bank Ltd |
| IFSC Code | SUSB0000013 |
| Branch | Lingasugur Branch |
| City | Lingasugur |
| District | Raichur |
| State | Karnataka |
| Address | Cmc No 2-12-1/4,Near Laxmidevi Temple,Raichur Road,Lingsugur-584122 |
These details help users in online banking and for businesses and individuals who use Suco Souharda Sahakari Bank Ltd in Lingasugur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUSB0000013 for the Lingasugur 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Suco Souharda Sahakari Bank Ltd located in Lingasugur Branch, Lingasugur, Karnataka, are given a unique IFSC like SUSB0000013 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Lingasugur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Lingasugur and Raichur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Suco Souharda Sahakari Bank Ltd in Lingasugur Branch goes to the correct branch. This is important because Suco Souharda Sahakari Bank Ltd has thousands of branches in Karnataka and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code SUSB0000013
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): These represent the bank code. In Suco Souharda Sahakari Bank Ltd, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Lingasugur Branch in Lingasugur.
For example, the IFSC Code SUSB0000013 of Suco Souharda Sahakari Bank Ltd for the Lingasugur Branch branch has these elements, identifying the bank and the branch location in Lingasugur and Karnataka correctly.
How to Find IFSC Code for Suco Souharda Sahakari Bank Ltd?
If you are trying to find the IFSC Code SUSB0000013 of Suco Souharda Sahakari Bank Ltd for its Lingasugur Branch branch located in Lingasugur, the following methods can help:
Cheque Book
The cheque books that are issued by Suco Souharda Sahakari Bank Ltd include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Suco Souharda Sahakari Bank Ltd branches in Lingasugur and Raichur, 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 find the branch locator section. Search for Lingasugur Branch or Lingasugur to get the exact IFSC Code SUSB0000013.
Mobile Banking App
If you use Suco Souharda Sahakari Bank Ltd's mobile app, you can easily 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 to help you in searching for Suco Souharda Sahakari Bank Ltd and Lingasugur that will provide accurate information.
How to Use IFSC Code SUSB0000013 for Online Transfers?
Once you have the IFSC Code SUSB0000013 for the Lingasugur Branch branch of Suco Souharda Sahakari Bank Ltd in Lingasugur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SUSB0000013. 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 SUSB0000013.
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 Lingasugur Branch in Lingasugur 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 Lingasugur 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 Lingasugur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is SUSB0000013.
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 Cmc No 2-12-1/4,Near Laxmidevi Temple,Raichur Road,Lingsugur-584122 located in Lingasugur, Raichur, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.