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 The Pusad Urban Cooperative Bank Ltd Pusad for its Yavtmal branch in Yavtmal, Yavtmal, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of The Pusad Urban Cooperative Bank Ltd Pusad situated in Yavtmal or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code PUSD0000007. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for The Pusad Urban Cooperative Bank Ltd Pusad, Yavtmal, Yavtmal
The table below shows the main details of the IFSC Code PUSD0000007 for the The Pusad Urban Cooperative Bank Ltd Pusad branch in Yavtmal, which falls under the Yavtmal district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Pusad Urban Cooperative Bank Ltd Pusad |
| IFSC Code | PUSD0000007 |
| Branch | Yavtmal |
| City | Yavtmal |
| District | Yavtmal |
| State | Maharashtra |
| Address | Sardar Chowk Yavatmal -445001 |
These details help users in online banking and for businesses and individuals who use The Pusad Urban Cooperative Bank Ltd Pusad in Yavtmal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code PUSD0000007 for the Yavtmal 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 Yavtmal, Yavtmal, Maharashtra, is provided with a unique IFSC like PUSD0000007 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 Yavtmal.
- 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 Yavtmal and Yavtmal.
- 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 Yavtmal do not get mixed with another location.
Format of the IFSC Code PUSD0000007
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 Yavtmal in Yavtmal.
For example, the IFSC Code PUSD0000007 of The Pusad Urban Cooperative Bank Ltd Pusad for the Yavtmal branch has these elements, identifying the bank and the branch location in Yavtmal and Maharashtra correctly.
How to Find IFSC Code for The Pusad Urban Cooperative Bank Ltd Pusad?
If you are trying to find the IFSC Code PUSD0000007 of The Pusad Urban Cooperative Bank Ltd Pusad for its Yavtmal branch located in Yavtmal, the following methods can help:
Cheque Book
The cheque book issued by The Pusad Urban Cooperative Bank Ltd Pusad includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including The Pusad Urban Cooperative Bank Ltd Pusad branches in Yavtmal and Yavtmal, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of The Pusad Urban Cooperative Bank Ltd Pusad and navigate to the branch locator section. Search for Yavtmal or Yavtmal to get the exact IFSC Code PUSD0000007.
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 keeps an updated list of all IFSC codes. If you search for The Pusad Urban Cooperative Bank Ltd Pusad and Yavtmal, you'll get the correct details.
How to Use IFSC Code PUSD0000007 for Online Transfers?
Once you have the IFSC Code PUSD0000007 for the Yavtmal branch of The Pusad Urban Cooperative Bank Ltd Pusad in Yavtmal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code PUSD0000007. 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 Pusad Urban Cooperative Bank Ltd Pusad IFSC Code PUSD0000007.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Pusad Urban Cooperative Bank Ltd Pusad Yavtmal in Yavtmal, 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 Pusad Urban Cooperative Bank Ltd Pusad in Yavtmal, 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 Pusad Urban Cooperative Bank Ltd Pusad website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Yavtmal to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is PUSD0000007.
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 Sardar Chowk Yavatmal -445001 located in Yavtmal, Yavtmal, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.