IFSC Code of Suco Souharda Sahakari Bank Ltd, Patel Nagar, Bellary, Karnataka — SUSB0000029

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 Patel Nagar branch in Patel Nagar, Bellary, 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 Patel Nagar or anywhere in Karnataka can transfer funds instantly by using the correct IFSC Code SUSB0000029. 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, Patel Nagar, Patel Nagar

The table below shows the main details of the IFSC Code SUSB0000029 for the Suco Souharda Sahakari Bank Ltd branch in Patel Nagar, which falls under the Bellary district in Karnataka.

These details help users in online banking and for businesses and individuals who use Suco Souharda Sahakari Bank Ltd in Patel Nagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUSB0000029 for the Patel Nagar 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 that is provided by the Reserve Bank of India. A unique IFSC like SUSB0000029 is given to every bank branch, including Suco Souharda Sahakari Bank Ltd located in Patel Nagar, Patel Nagar, Karnataka, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Suco Souharda Sahakari Bank Ltd branch in Patel Nagar.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Patel Nagar and Bellary.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Karnataka and the rest of India, which is why the IFSC Code ensures that transactions meant for Suco Souharda Sahakari Bank Ltd in Patel Nagar doesn't end up at another location.

Format of the IFSC Code SUSB0000029

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 Patel Nagar in Patel Nagar.

For example, the IFSC Code SUSB0000029 of Suco Souharda Sahakari Bank Ltd for the Patel Nagar branch includes these elements, identifying the bank and the branch location in Patel Nagar and Karnataka accurately.

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

If you are looking for the IFSC Code SUSB0000029 of Suco Souharda Sahakari Bank Ltd for its Patel Nagar branch located in Patel Nagar, 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 Patel Nagar and Bellary, 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 Patel Nagar or Patel Nagar to get the exact IFSC Code SUSB0000029.

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 Patel Nagar, then it will provide you proper information.

How to Use IFSC Code SUSB0000029 for Online Transfers?

Once you have the IFSC Code SUSB0000029 for the Patel Nagar branch of Suco Souharda Sahakari Bank Ltd in Patel Nagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code SUSB0000029. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 SUSB0000029.

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 Patel Nagar in Patel Nagar, 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 Patel Nagar, 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 Patel Nagar manage their online transfers and cheque clearances easily.