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 Kothrud,Pune branch in Kothrud,Pune, Pune, 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 Kothrud,Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code PUSD0000023. 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, Kothrud,Pune, Kothrud,Pune

Below in the table are the key details related to IFSC Code PUSD0000023 of The Pusad Urban Cooperative Bank Ltd Pusad for its branch located in Kothrud,Pune, within the district of Pune in the state of Maharashtra.

Particulars Details
Bank The Pusad Urban Cooperative Bank Ltd Pusad
IFSC Code PUSD0000023
Branch Kothrud,Pune
City Kothrud,Pune
District Pune
State Maharashtra
Address Guru Ganesh Complex Shop No.5& 6 Guru Ganesh Nagar Dp Road Kothrud Pune -411038

These details help users in online banking and for businesses and individuals who use The Pusad Urban Cooperative Bank Ltd Pusad in Kothrud,Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUSD0000023 for the Kothrud,Pune 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, along with The Pusad Urban Cooperative Bank Ltd Pusad located in Kothrud,Pune, Kothrud,Pune, Maharashtra, are given a unique IFSC like PUSD0000023 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Kothrud,Pune.
  • 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 Kothrud,Pune and Pune.
  • 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 Pusad Urban Cooperative Bank Ltd Pusad in Kothrud,Pune goes to the correct branch. This is important because The Pusad Urban Cooperative Bank Ltd Pusad has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code PUSD0000023

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 breakdown:

  • First 4 characters (AAAA): These represent the bank code. In The Pusad Urban Cooperative Bank Ltd Pusad, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kothrud,Pune in Kothrud,Pune.

For example, the IFSC Code PUSD0000023 of The Pusad Urban Cooperative Bank Ltd Pusad for the Kothrud,Pune branch has these elements, identifying the bank and the branch location in Kothrud,Pune and Maharashtra correctly.

How to Find IFSC Code for The Pusad Urban Cooperative Bank Ltd Pusad?

To find the IFSC Code PUSD0000023 of The Pusad Urban Cooperative Bank Ltd Pusad for its Kothrud,Pune branch located in Kothrud,Pune, the following methods can help you out:

Cheque Book

The cheque book issued by The Pusad Urban Cooperative Bank Ltd Pusad includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including The Pusad Urban Cooperative Bank Ltd Pusad branches in Kothrud,Pune and Pune, 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 go to the branch locator section. Then search for Kothrud,Pune or Kothrud,Pune to find the exact IFSC Code PUSD0000023.

Mobile Banking App

If you use The Pusad Urban Cooperative Bank Ltd Pusad's mobile app, you can 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. Searching for The Pusad Urban Cooperative Bank Ltd Pusad and Kothrud,Pune will provide accurate information.

How to Use IFSC Code PUSD0000023 for Online Transfers?

If you have the IFSC Code PUSD0000023 for the Kothrud,Pune branch of The Pusad Urban Cooperative Bank Ltd Pusad in Kothrud,Pune, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code PUSD0000023. 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 PUSD0000023.

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 Kothrud,Pune in Kothrud,Pune, 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 The Pusad Urban Cooperative Bank Ltd Pusad in Kothrud,Pune, 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 The Pusad Urban Cooperative Bank Ltd Pusad website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Kothrud,Pune manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Pusad Urban Cooperative Bank Ltd Pusad in Kothrud,Pune, Kothrud,Pune?

The IFSC Code is PUSD0000023.

Is the IFSC Code PUSD0000023 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

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

Where can I find the IFSC Code of The Pusad Urban Cooperative Bank Ltd Pusad Kothrud,Pune?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kothrud,Pune branch?

The address of the branch is Guru Ganesh Complex Shop No.5& 6 Guru Ganesh Nagar Dp Road Kothrud Pune -411038 located in Kothrud,Pune, Pune, 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.