IFSC Code of Suco Souharda Sahakari Bank Limited, Patel Nagar Branch, Karnataka

Below are the complete branch details for Suco Souharda Sahakari Bank Limited, PATEL NAGAR branch, located in PATEL NAGAR, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is SUSB0000029. 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 SUSB0000029 for Suco Souharda Sahakari Bank Limited – PATEL NAGAR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, SUSB0000029 is the IFSC of Suco Souharda Sahakari Bank Limited's PATEL NAGAR branch. The format is fixed: SUSB = bank code, 0 = reserved, 000029 = branch identifier.

Branch details at a glance

Bank profile

Suco Souharda Sahakari Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Patel Nagar branch — IFSC SUSB0000029 — extends the bank's services to customers in and around Patel Nagar, Karnataka.

Patel Nagar branch overview

Located at plot No 71, Ward No 19 ,Patel nagar, 1st Cross, Ballari-583101, the Patel Nagar branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC SUSB0000029 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 PATEL NAGAR of Suco Souharda Sahakari Bank Limited — its own 11-character IFSC. The code SUSB0000029 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 SUSB0000029 the same way you would treat your account number — verify it once and save it carefully for future use.

How to transfer money using IFSC SUSB0000029

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 SUSB0000029 across all three.

NEFT to Suco Souharda Sahakari Bank Limited, PATEL NAGAR using IFSC SUSB0000029

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 SUSB0000029, and confirm that the system picks up Suco Souharda Sahakari Bank Limited – PATEL NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to PATEL NAGAR

If you need to transfer ₹2 lakh or more in one go to an account at Suco Souharda Sahakari Bank Limited's PATEL NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SUSB0000029 while initiating the transfer and the credit will appear within minutes.

IMPS to Suco Souharda Sahakari Bank Limited PATEL NAGAR (IFSC SUSB0000029)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SUSB0000029 in your mobile or internet banking app, and the money is credited to the PATEL NAGAR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Patel Nagar

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 SUSB0000029:

• 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 PATEL NAGAR is still linked to IFSC SUSB0000029.

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.

How UPI relates to the IFSC code

UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Suco Souharda Sahakari Bank Limited's PATEL NAGAR branch, the IFSC SUSB0000029 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.

That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.

Account types you can open at the Patel Nagar branch

Once you have an account at Suco Souharda Sahakari Bank Limited – PATEL NAGAR, the IFSC SUSB0000029 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 Patel Nagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 8392-260234.

• 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 SUSB0000029

MICR & cheque-truncation details

Cheques drawn on the Patel Nagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SUSB0000029 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Digital banking channels

Most day-to-day work that customers used to do at the Patel Nagar 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 SUSB0000029 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.

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 – PATEL NAGAR:

• The IFSC is exactly SUSB0000029 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 PATEL NAGAR 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.

How to reach the Patel Nagar branch

The branch is located at plot No 71, Ward No 19 ,Patel nagar, 1st Cross, Ballari-583101, which puts it inside Patel Nagar, the broader Bellary district, and the state of Karnataka. To plan your visit:

1. Open Google Maps on your phone and search for “Suco Souharda Sahakari Bank Limited Patel Nagar branch” — the verified location pin for IFSC SUSB0000029 should appear at the top of the results.
2. Confirm the branch is open by calling 8392-260234 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC SUSB0000029 and your account number.

Verifying IFSC SUSB0000029 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 SUSB0000029 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 8392-260234.
• Visiting the bank's official branch locator page.

Working hours

Branch counters at Patel Nagar 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 SUSB0000029 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: SUSB0000029 is the IFSC code of Suco Souharda Sahakari Bank Limited, PATEL NAGAR branch, in PATEL NAGAR, 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.