IFSC Code of Rajarshi Shahu Sahakari Bank Limited Pune, Shukrawar Peth Branch, Maharashtra

If you are searching for the IFSC code of Rajarshi Shahu Sahakari Bank Limited Pune, SHUKRAWAR PETH branch in PUNE, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is RSSB0000002. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the SHUKRAWAR PETH branch, and detailed step-by-step guides for using the IFSC RSSB0000002 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.

The IFSC for Rajarshi Shahu Sahakari Bank Limited Pune – SHUKRAWAR PETH is RSSB0000002. The first four letters RSSB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000002 map to this branch in PUNE, MAHARASHTRA.

About Rajarshi Shahu Sahakari Bank Limited Pune

Rajarshi Shahu Sahakari Bank Limited Pune operates a wide network of branches across India, including the Shukrawar Peth branch in Pune. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, RSSB0000002.

Branch details at a glance

About this branch

The branch is located at 597,SHUKRAWAR PETH,SHIVAJI ROAD,PUNE-411002. It serves the Pune region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Rajarshi Shahu Sahakari Bank Limited Pune. The IFSC RSSB0000002 is used to identify this branch on the RBI payments network.

The role of IFSC in India's payments network

India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Rajarshi Shahu Sahakari Bank Limited Pune's SHUKRAWAR PETH branch came to be assigned the code RSSB0000002.

Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC RSSB0000002, money simply cannot be routed to the SHUKRAWAR PETH branch electronically.

Account types you can open at the Shukrawar Peth branch

Once you have an account at Rajarshi Shahu Sahakari Bank Limited Pune – SHUKRAWAR PETH, the IFSC RSSB0000002 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Shukrawar Peth branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 24471851.

• Savings, current and salary accounts
• Fixed deposits and recurring deposits
• Personal, vehicle and home loans
• Demat and investment products (where supported)
• Internet banking and mobile banking enrolment
• Debit and credit card issuance
• Locker facilities (subject to availability)
• Foreign exchange services (at authorised branches)
• Bill payments, demand drafts and pay orders
• NEFT / RTGS / IMPS / UPI fund transfers using IFSC RSSB0000002

How to transfer money using IFSC RSSB0000002

Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC RSSB0000002 across all three.

How to use IFSC RSSB0000002 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Rajarshi Shahu Sahakari Bank Limited Pune's SHUKRAWAR PETH branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC RSSB0000002.
4. Confirm the bank name auto-populates as Rajarshi Shahu Sahakari Bank Limited Pune and the branch as SHUKRAWAR PETH.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC RSSB0000002

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Rajarshi Shahu Sahakari Bank Limited Pune – SHUKRAWAR PETH, ensure your bank's portal accepts IFSC RSSB0000002 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Rajarshi Shahu Sahakari Bank Limited Pune – SHUKRAWAR PETH, use IMPS. With IFSC RSSB0000002 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

Comparing NEFT, RTGS and IMPS for transfers to Shukrawar Peth

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC RSSB0000002:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at SHUKRAWAR PETH is still linked to IFSC RSSB0000002.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC RSSB0000002

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Rajarshi Shahu Sahakari Bank Limited Pune – SHUKRAWAR PETH is still mapped to IFSC RSSB0000002. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC RSSB0000002 and the beneficiary's account number to complete the transfer.

Online banking and IFSC RSSB0000002

Rajarshi Shahu Sahakari Bank Limited Pune customers can register for net banking and the bank's official mobile app once their account at the SHUKRAWAR PETH branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC RSSB0000002 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Rajarshi Shahu Sahakari Bank Limited Pune carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC RSSB0000002 and the account number together uniquely identify the Shukrawar Peth branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Common mistakes to avoid when using IFSC RSSB0000002

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Rajarshi Shahu Sahakari Bank Limited Pune – SHUKRAWAR PETH, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: RSSB0000002.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

Reaching the branch

The Shukrawar Peth branch sits at 597,SHUKRAWAR PETH,SHIVAJI ROAD,PUNE-411002. If you are travelling from outside Pune, search for the branch on a maps application using the bank name and locality, or call 24471851 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC RSSB0000002 and your account number.

Verifying IFSC RSSB0000002 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm RSSB0000002 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 24471851.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Shukrawar Peth are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to RSSB0000002 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code RSSB0000002 belongs to Rajarshi Shahu Sahakari Bank Limited Pune's SHUKRAWAR PETH branch, located at 597,SHUKRAWAR PETH,SHIVAJI ROAD,PUNE-411002 in PUNE, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.