IFSC Code of Suco Souharda Sahakari Bank Limited, Hospet Branch Branch, Karnataka

If you are searching for the IFSC code of Suco Souharda Sahakari Bank Limited, HOSPET BRANCH branch in HOSPET, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is SUSB0000007. 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 HOSPET BRANCH branch, and detailed step-by-step guides for using the IFSC SUSB0000007 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 Suco Souharda Sahakari Bank Limited – HOSPET BRANCH is SUSB0000007. The first four letters SUSB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000007 map to this branch in HOSPET, KARNATAKA.

About Suco Souharda Sahakari Bank Limited

Suco Souharda Sahakari Bank Limited operates a wide network of branches across India, including the Hospet Branch branch in Hospet. 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, SUSB0000007.

Branch details at a glance

About this branch

The branch is located at 4TH WARD,OPP.VENKATESHWARA KALYANA MANTAPA,PATEL NAGAR,HOSPET - 583201. It serves the Hospet region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Suco Souharda Sahakari Bank Limited. The IFSC SUSB0000007 is used to identify this branch on the RBI payments network.

Why every Suco Souharda Sahakari Bank Limited branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including HOSPET BRANCH of Suco Souharda Sahakari Bank Limited — its own 11-character IFSC. The code SUSB0000007 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC SUSB0000007 the same way you would treat your account number — verify it once and save it carefully for future use.

Products and account variants supported

Every account opened at the Hospet Branch branch is mapped to IFSC SUSB0000007 on the RBI payments network. The branch generally supports the full retail product catalogue of Suco Souharda Sahakari Bank Limited, including:

• Resident savings accounts and salary accounts
• Current accounts for businesses and professionals
• Fixed deposits, recurring deposits and tax-saver deposits
• Demand drafts, banker's cheques and pay orders
• Retail loans — personal, vehicle, education, gold and home
• Credit cards and overdraft facilities (subject to eligibility)
• Third-party investment products such as mutual funds and insurance (through tie-ups)

Whichever product you choose, the IFSC for incoming credits remains SUSB0000007.

Products and services

Customers walking into the Hospet Branch branch can access most of Suco Souharda Sahakari Bank Limited's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC SUSB0000007

How to transfer money using IFSC SUSB0000007

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 SUSB0000007 across all three.

NEFT to Suco Souharda Sahakari Bank Limited, HOSPET BRANCH using IFSC SUSB0000007

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC SUSB0000007, and confirm that the system picks up Suco Souharda Sahakari Bank Limited – HOSPET BRANCH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to HOSPET BRANCH

If you need to transfer ₹2 lakh or more in one go to an account at Suco Souharda Sahakari Bank Limited's HOSPET BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SUSB0000007 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to Suco Souharda Sahakari Bank Limited – HOSPET BRANCH, use IMPS. With IFSC SUSB0000007 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC SUSB0000007 for Suco Souharda Sahakari Bank Limited – HOSPET BRANCH, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.

For most retail customers crediting the Hospet Branch branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.

UPI payments and IFSC SUSB0000007

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 Suco Souharda Sahakari Bank Limited – HOSPET BRANCH is still mapped to IFSC SUSB0000007. 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 SUSB0000007 and the beneficiary's account number to complete the transfer.

Digital banking channels

Most day-to-day work that customers used to do at the Hospet Branch branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC SUSB0000007 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Suco Souharda Sahakari Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC SUSB0000007 and the account number together uniquely identify the Hospet Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Things to verify before sending money

Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Suco Souharda Sahakari Bank Limited – HOSPET BRANCH:

• The IFSC is exactly SUSB0000007 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Suco Souharda Sahakari Bank Limited as the bank name and HOSPET BRANCH as the branch.
• The amount and the purpose of payment are correct.
• You have a valid OTP-verifying mobile number on hand.

A 30-second review here saves hours of reconciliation later.

Reaching the branch

The Hospet Branch branch sits at 4TH WARD,OPP.VENKATESHWARA KALYANA MANTAPA,PATEL NAGAR,HOSPET - 583201. If you are travelling from outside Hospet, search for the branch on a maps application using the bank name and locality, or call 8394-221120 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 SUSB0000007 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SUSB0000007 for Suco Souharda Sahakari Bank Limited – HOSPET BRANCH, you can cross-check the code from any of these sources before initiating a high-value transfer:

• The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
• The first page of your passbook.
• The bank's official website under the branch locator.
• The Reserve Bank of India's IFSC search portal.
• Net banking dashboards usually display the home-branch IFSC under account details.

Branch banking hours and holidays

Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Hospet Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SUSB0000007, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SUSB0000007 belongs to Suco Souharda Sahakari Bank Limited's HOSPET BRANCH branch, located at 4TH WARD,OPP.VENKATESHWARA KALYANA MANTAPA,PATEL NAGAR,HOSPET - 583201 in HOSPET, KARNATAKA. 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.