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IFSC Code of The Kolhapur Urban Co-Op Bank Ltd, New Shahupuri Branch, Ohpr, Maharashtra — KOLH0000005

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 The Kolhapur Urban Co-Op Bank Ltd for its New Shahupuri Branch branch in Kolhapur, Ohpr, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of The Kolhapur Urban Co-Op Bank Ltd located in Kolhapur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code KOLH0000005. 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 The Kolhapur Urban Co-Op Bank Ltd, New Shahupuri Branch, Kolhapur

Here are the key points that are associated with the IFSC Code KOLH0000005 of The Kolhapur Urban Co-Op Bank Ltd for its branch located in Kolhapur, within the district of Ohpr in the state of Maharashtra.

Particulars Details
Bank The Kolhapur Urban Co-Op Bank Ltd
IFSC Code KOLH0000005
Branch New Shahupuri Branch
City Kolhapur
District Ohpr
State Maharashtra
Address 329 E Ward,Station Road,New Shahupuri,Kolhapur.416003

These details are important not only for users using online banking but also for businesses and individuals who use The Kolhapur Urban Co-Op Bank Ltd in Kolhapur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code KOLH0000005 for the New Shahupuri Branch branch of The Kolhapur Urban Co-Op Bank Ltd 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 Kolhapur Urban Co-Op Bank Ltd located in New Shahupuri Branch, Kolhapur, Maharashtra, are allotted a unique IFSC like KOLH0000005 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kolhapur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Kolhapur and Ohpr.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to The Kolhapur Urban Co-Op Bank Ltd in New Shahupuri Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code KOLH0000005

This is the format of the IFSC Code for banks, including The Kolhapur Urban Co-Op Bank Ltd, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For The Kolhapur Urban Co-Op Bank Ltd, 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 New Shahupuri Branch in Kolhapur.

For example, the IFSC Code KOLH0000005 of The Kolhapur Urban Co-Op Bank Ltd for the New Shahupuri Branch branch includes these elements, identifying the bank and the branch location in Kolhapur and Maharashtra accurately.

How to Find IFSC Code for The Kolhapur Urban Co-Op Bank Ltd?

If you are trying to find the IFSC Code KOLH0000005 of The Kolhapur Urban Co-Op Bank Ltd for its New Shahupuri Branch branch located in Kolhapur, the following methods can help:

Cheque Book

The cheque books that are issued by The Kolhapur Urban Co-Op 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 The Kolhapur Urban Co-Op Bank Ltd branches in Kolhapur and Ohpr, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of The Kolhapur Urban Co-Op Bank Ltd and find the branch locator section. Search for New Shahupuri Branch or Kolhapur to get the exact IFSC Code KOLH0000005.

Mobile Banking App

If you use The Kolhapur Urban Co-Op 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 The Kolhapur Urban Co-Op Bank Ltd and Kolhapur that will provide accurate information.

How to Use IFSC Code KOLH0000005 for Online Transfers?

Once you have the IFSC Code KOLH0000005 for the New Shahupuri Branch branch of The Kolhapur Urban Co-Op Bank Ltd in Kolhapur, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code KOLH0000005. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and The Kolhapur Urban Co-Op Bank Ltd IFSC Code KOLH0000005.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Kolhapur Urban Co-Op Bank Ltd New Shahupuri Branch in Kolhapur, it can 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 The Kolhapur Urban Co-Op Bank Ltd in New Shahupuri 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 The Kolhapur Urban Co-Op Bank Ltd website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Kolhapur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Kolhapur Urban Co-Op Bank Ltd in New Shahupuri Branch, Kolhapur?

The IFSC Code is KOLH0000005.

Is the IFSC Code KOLH0000005 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of The Kolhapur Urban Co-Op Bank Ltd New Shahupuri Branch?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the New Shahupuri Branch branch?

The address of the branch is 329 E Ward,Station Road,New Shahupuri,Kolhapur.416003 located in Kolhapur, Ohpr, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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