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 Pusad Urban Cooperative Bank Ltd Pusad for its Khamgaon branch in Khamgaon, Buldhana, Maharashtra, 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 Pusad Urban Cooperative Bank Ltd Pusad located in Khamgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PUSD0000028. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for The Pusad Urban Cooperative Bank Ltd Pusad, Khamgaon, Khamgaon
Below in the table are the key details related to IFSC Code PUSD0000028 of The Pusad Urban Cooperative Bank Ltd Pusad for its branch located in Khamgaon, within the district of Buldhana in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Pusad Urban Cooperative Bank Ltd Pusad |
| IFSC Code | PUSD0000028 |
| Branch | Khamgaon |
| City | Khamgaon |
| District | Buldhana |
| State | Maharashtra |
| Address | Kunal Plaza,Shriram Square,Khamgaon,Dist.-Buldhana,Pin No -444 303 |
These details help users in online banking and for businesses and individuals who use The Pusad Urban Cooperative Bank Ltd Pusad in Khamgaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUSD0000028 for the Khamgaon branch of The Pusad Urban Cooperative Bank Ltd Pusad 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 provided by the Reserve Bank of India. Every bank branch, including The Pusad Urban Cooperative Bank Ltd Pusad located in Khamgaon, Khamgaon, Maharashtra, is provided with a unique IFSC like PUSD0000028 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the The Pusad Urban Cooperative Bank Ltd Pusad branch in Khamgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Khamgaon and Buldhana.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Pusad Urban Cooperative Bank Ltd Pusad in Khamgaon do not get mixed with another location.
Format of the IFSC Code PUSD0000028
This is the format of the IFSC Code for banks, including The Pusad Urban Cooperative Bank Ltd Pusad, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Pusad Urban Cooperative Bank Ltd Pusad, 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 Khamgaon in Khamgaon.
For example, the IFSC Code PUSD0000028 of The Pusad Urban Cooperative Bank Ltd Pusad for the Khamgaon branch includes these elements, identifying the bank and the branch location in Khamgaon and Maharashtra accurately.
How to Find IFSC Code for The Pusad Urban Cooperative Bank Ltd Pusad?
If you are trying to find the IFSC Code PUSD0000028 of The Pusad Urban Cooperative Bank Ltd Pusad for its Khamgaon branch located in Khamgaon, the following methods can help:
Cheque Book
The cheque books that are issued by The Pusad Urban Cooperative Bank Ltd Pusad 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 Pusad Urban Cooperative Bank Ltd Pusad branches in Khamgaon and Buldhana, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Pusad Urban Cooperative Bank Ltd Pusad and find the branch locator section. Search for Khamgaon or Khamgaon to get the exact IFSC Code PUSD0000028.
Mobile Banking App
If you use The Pusad Urban Cooperative Bank Ltd Pusad'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 Pusad Urban Cooperative Bank Ltd Pusad and Khamgaon that will provide accurate information.
How to Use IFSC Code PUSD0000028 for Online Transfers?
If you have the IFSC Code PUSD0000028 for the Khamgaon branch of The Pusad Urban Cooperative Bank Ltd Pusad in Khamgaon, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code PUSD0000028. 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 The Pusad Urban Cooperative Bank Ltd Pusad IFSC Code PUSD0000028.
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 The Pusad Urban Cooperative Bank Ltd Pusad Khamgaon in Khamgaon, it 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 The Pusad Urban Cooperative Bank Ltd Pusad in Khamgaon, 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 Pusad Urban Cooperative Bank Ltd Pusad website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Khamgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Khamgaon Khamgaon branch is PUSD0000028.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Kunal Plaza,Shriram Square,Khamgaon,Dist.-Buldhana,Pin No -444 303.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.