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 The Kangra Central Cooperative Bank Limited for its Raison branch in Raison, Kulu, Himachal Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of The Kangra Central Cooperative Bank Limited located in Raison or anywhere in Himachal Pradesh can transfer funds instantly by using the correct IFSC Code KACE0000107. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for The Kangra Central Cooperative Bank Limited, Raison, Raison
The table below shows the main details of the IFSC Code KACE0000107 for the The Kangra Central Cooperative Bank Limited branch in Raison, which falls under the Kulu district in Himachal Pradesh.
| Particulars | Details |
|---|---|
| Bank | The Kangra Central Cooperative Bank Limited |
| IFSC Code | KACE0000107 |
| Branch | Raison |
| City | Raison |
| District | Kulu |
| State | Himachal Pradesh |
| Address | Tehsil & Distt Kulu H.P. 175128 |
These details are important not only for users using online banking but also for businesses and individuals who use The Kangra Central Cooperative Bank Limited in Raison for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KACE0000107 for the Raison branch of The Kangra Central Cooperative Bank Limited is vital.
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 The Kangra Central Cooperative Bank Limited located in Raison, Raison, Himachal Pradesh, are given a unique IFSC like KACE0000107 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Raison.
- 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 Raison and Kulu.
- 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 The Kangra Central Cooperative Bank Limited in Raison goes to the correct branch. This is important because The Kangra Central Cooperative Bank Limited has thousands of branches in Himachal Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code KACE0000107
This is the format of the IFSC Code for banks, including The Kangra Central Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Kangra Central Cooperative Bank Limited, 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 Raison in Raison.
For example, the IFSC Code KACE0000107 of The Kangra Central Cooperative Bank Limited for the Raison branch includes these elements, identifying the bank and the branch location in Raison and Himachal Pradesh accurately.
How to Find IFSC Code for The Kangra Central Cooperative Bank Limited?
If you are trying to find the IFSC Code KACE0000107 of The Kangra Central Cooperative Bank Limited for its Raison branch located in Raison, the following methods can help:
Cheque Book
The cheque book issued by The Kangra Central Cooperative Bank Limited 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 The Kangra Central Cooperative Bank Limited branches in Raison and Kulu, print them on the first page of your passbook.
Bank Website
Visit the official website of The Kangra Central Cooperative Bank Limited and navigate to the branch locator section. Search for Raison or Raison to get the exact IFSC Code KACE0000107.
Mobile Banking App
If you use The Kangra Central Cooperative Bank Limited'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 The Kangra Central Cooperative Bank Limited and Raison, you'll get the correct details.
How to Use IFSC Code KACE0000107 for Online Transfers?
Once you have the IFSC Code KACE0000107 for the Raison branch of The Kangra Central Cooperative Bank Limited in Raison, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code KACE0000107. The transfer is completed in batches instead of instantly. It is useful for both 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 The Kangra Central Cooperative Bank Limited IFSC Code KACE0000107.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Kangra Central Cooperative Bank Limited Raison in Raison, your payment can get delayed or might not go through at all.
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 The Kangra Central Cooperative Bank Limited in Raison, 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 The Kangra Central Cooperative Bank Limited website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Raison manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is KACE0000107.
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 Tehsil & Distt Kulu H.P. 175128 located in Raison, Kulu, Himachal Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.