IFSC Code of Suco Souharda Sahakari Bank Ltd, Raichur Branch, Raichur, Karnataka — SUSB0000004

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 Raichur Branch branch in Raichur, Raichur, 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 Raichur or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SUSB0000004. 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, Raichur Branch, Raichur

Here are the main details that are associated with the IFSC Code SUSB0000004 of Suco Souharda Sahakari Bank Ltd for its branch located in Raichur, within the district of Raichur in the state of Karnataka.

These details help users in online banking and for businesses and individuals who use Suco Souharda Sahakari Bank Ltd in Raichur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUSB0000004 for the Raichur 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 that is provided by the Reserve Bank of India. A unique IFSC like SUSB0000004 is given to every bank branch, including Suco Souharda Sahakari Bank Ltd located in Raichur Branch, Raichur, 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 Raichur.
• 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 Raichur and Raichur.
• 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 Raichur Branch doesn't end up at another location.

Format of the IFSC Code SUSB0000004

The format of the IFSC Code for banks, including Suco Souharda Sahakari Bank Ltd, has 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 Raichur Branch in Raichur.

For example, the IFSC Code SUSB0000004 of Suco Souharda Sahakari Bank Ltd for the Raichur Branch branch includes these elements, identifying the bank and the branch location in Raichur and Karnataka correctly.

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

If you are trying to find the IFSC Code SUSB0000004 of Suco Souharda Sahakari Bank Ltd for its Raichur Branch branch located in Raichur, 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 Raichur and Raichur, 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 Raichur Branch or Raichur to get the exact IFSC Code SUSB0000004.

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 Raichur, you'll get the correct details.

How to Use IFSC Code SUSB0000004 for Online Transfers?

If you have the IFSC Code SUSB0000004 for the Raichur Branch branch of Suco Souharda Sahakari Bank Ltd in Raichur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code SUSB0000004. Transfers are processed in batches. 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. Asks for the recipient's account details and Suco Souharda Sahakari Bank Ltd IFSC Code SUSB0000004.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Suco Souharda Sahakari Bank Ltd Raichur Branch in Raichur, it may 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 Raichur Branch, 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 Raichur manage online transfers as well as cheque clearances with ease.