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

Below are the complete branch details for Suco Souharda Sahakari Bank Limited, KARATAGI BRANCH branch, located in KARATAGI, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is SUSB0000031. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case SUSB0000031 for Suco Souharda Sahakari Bank Limited – KARATAGI BRANCH — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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 – KARATAGI BRANCH is SUSB0000031. The first four letters SUSB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000031 map to this branch in KARATAGI, KARNATAKA.

About the bank

Suco Souharda Sahakari Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Karatagi Branch branch in Karatagi, Karnataka is part of this network and uses the IFSC code SUSB0000031 for all electronic settlement.

Branch details at a glance

Karatagi Branch branch overview

Located at Plot no:3 Property No 8-6-15/3,Opp. old police station R.G. Road,Karatagi-583229, the Karatagi Branch branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SUSB0000031 is required for all interbank electronic transfers routed through this branch.

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 KARATAGI BRANCH of Suco Souharda Sahakari Bank Limited — its own 11-character IFSC. The code SUSB0000031 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 SUSB0000031 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Karatagi Branch branch

Once you have an account at Suco Souharda Sahakari Bank Limited – KARATAGI BRANCH, the IFSC SUSB0000031 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 Karatagi Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 8533-200311.

• 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 SUSB0000031

How to transfer money using IFSC SUSB0000031

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 SUSB0000031 across all three.

NEFT to Suco Souharda Sahakari Bank Limited, KARATAGI BRANCH using IFSC SUSB0000031

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 SUSB0000031, and confirm that the system picks up Suco Souharda Sahakari Bank Limited – KARATAGI 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 KARATAGI BRANCH

If you need to transfer ₹2 lakh or more in one go to an account at Suco Souharda Sahakari Bank Limited's KARATAGI BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SUSB0000031 while initiating the transfer and the credit will appear within minutes.

IMPS to Suco Souharda Sahakari Bank Limited KARATAGI BRANCH (IFSC SUSB0000031)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SUSB0000031 in your mobile or internet banking app, and the money is credited to the KARATAGI BRANCH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Karatagi Branch

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 SUSB0000031:

• 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 KARATAGI BRANCH is still linked to IFSC SUSB0000031.

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 SUSB0000031

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 – KARATAGI BRANCH is still mapped to IFSC SUSB0000031. 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 SUSB0000031 and the beneficiary's account number to complete the transfer.

Online banking and IFSC SUSB0000031

Suco Souharda Sahakari Bank Limited customers can register for net banking and the bank's official mobile app once their account at the KARATAGI BRANCH 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 SUSB0000031 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 & cheque-truncation details

Cheques drawn on the Karatagi Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SUSB0000031 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

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 – KARATAGI BRANCH:

• The IFSC is exactly SUSB0000031 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 KARATAGI 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 Karatagi Branch branch sits at Plot no:3 Property No 8-6-15/3,Opp. old police station R.G. Road,Karatagi-583229. If you are travelling from outside Karatagi, search for the branch on a maps application using the bank name and locality, or call 8533-200311 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 SUSB0000031 and your account number.

Verifying IFSC SUSB0000031 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 SUSB0000031 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 8533-200311.
• Visiting the bank's official branch locator page.

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 Karatagi Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SUSB0000031, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: SUSB0000031 is the IFSC code of Suco Souharda Sahakari Bank Limited, KARATAGI BRANCH branch, in KARATAGI, KARNATAKA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.