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 Sindhanur Branch branch in Sindhanur, 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 Sindhanur or anywhere in Karnataka can easily transfer funds instantly by using the correct IFSC Code SUSB0000002. 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, Sindhanur Branch, Sindhanur
The table below shows the main details of the IFSC Code SUSB0000002 for the Suco Souharda Sahakari Bank Ltd branch in Sindhanur, which falls under the Raichur district in Karnataka.
| Particulars | Details |
|---|---|
| Bank | Suco Souharda Sahakari Bank Ltd |
| IFSC Code | SUSB0000002 |
| Branch | Sindhanur Branch |
| City | Sindhanur |
| District | Raichur |
| State | Karnataka |
| Address | W No:-15, Sharana Basaveswara Colony, Gangavathi Road, Sindhanur-584128 |
These details help users in online banking and for businesses and individuals who use Suco Souharda Sahakari Bank Ltd in Sindhanur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code SUSB0000002 for the Sindhanur 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 Sindhanur Branch, Sindhanur, Karnataka, is provided a unique IFSC like SUSB0000002 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 Sindhanur.
- 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 Sindhanur and Raichur.
- 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 Sindhanur Branch do not get misguided to another person.
Format of the IFSC Code SUSB0000002
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 Sindhanur Branch in Sindhanur.
For example, the IFSC Code SUSB0000002 of Suco Souharda Sahakari Bank Ltd for the Sindhanur Branch branch includes these elements, identifying the bank and the branch location in Sindhanur and Karnataka accurately.
How to Find IFSC Code for Suco Souharda Sahakari Bank Ltd?
If you are trying to find the IFSC Code SUSB0000002 of Suco Souharda Sahakari Bank Ltd for its Sindhanur Branch branch located in Sindhanur, 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
You can easily find the IFSC and MICR codes because most banks, including Suco Souharda Sahakari Bank Ltd branches in Sindhanur and Raichur, print them 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 Sindhanur Branch or Sindhanur to get the exact IFSC Code SUSB0000002.
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 Sindhanur, you'll get the correct details.
How to Use IFSC Code SUSB0000002 for Online Transfers?
Once you have the IFSC Code SUSB0000002 for the Sindhanur Branch branch of Suco Souharda Sahakari Bank Ltd in Sindhanur, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code SUSB0000002. 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 SUSB0000002.
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 Sindhanur Branch in Sindhanur 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 Sindhanur Branch, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Sindhanur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is SUSB0000002.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is W No:-15, Sharana Basaveswara Colony, Gangavathi Road, Sindhanur-584128 located in Sindhanur, Raichur, Karnataka.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.