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

Below are the complete branch details for Suco Souharda Sahakari Bank Limited, RAICHUR BRANCH branch, located in RAICHUR, KARNATAKA. The IFSC assigned by the Reserve Bank of India to this branch is SUSB0000004. 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 SUSB0000004 for Suco Souharda Sahakari Bank Limited – RAICHUR 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 – RAICHUR BRANCH is SUSB0000004. The first four letters SUSB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000004 map to this branch in RAICHUR, 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 Raichur Branch branch in Raichur, Karnataka is part of this network and uses the IFSC code SUSB0000004 for all electronic settlement.

About the Raichur Branch branch

The Raichur Branch branch of Suco Souharda Sahakari Bank Limited is situated at H NO:11-8-2,SRI GURUSHANTHA COMPLEX,CITY TALKIES ROAD BRESTHWARPET, RAICHUR-584 101. Customers visiting this branch can complete cash deposits, withdrawals, demand draft requests, cheque clearing, passbook updates and KYC formalities. For online transactions to or from this branch, the IFSC code SUSB0000004 is used.

Branch details at a glance

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 RAICHUR BRANCH of Suco Souharda Sahakari Bank Limited — its own 11-character IFSC. The code SUSB0000004 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 SUSB0000004 the same way you would treat your account number — verify it once and save it carefully for future use.

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 SUSB0000004 and the account number together uniquely identify the Raichur Branch branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC SUSB0000004

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 SUSB0000004 across all three.

NEFT to Suco Souharda Sahakari Bank Limited, RAICHUR BRANCH using IFSC SUSB0000004

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 SUSB0000004, and confirm that the system picks up Suco Souharda Sahakari Bank Limited – RAICHUR 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 RAICHUR BRANCH

If you need to transfer ₹2 lakh or more in one go to an account at Suco Souharda Sahakari Bank Limited's RAICHUR BRANCH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC SUSB0000004 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 – RAICHUR BRANCH, use IMPS. With IFSC SUSB0000004 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 SUSB0000004 for Suco Souharda Sahakari Bank Limited – RAICHUR 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 Raichur 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 SUSB0000004

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 – RAICHUR BRANCH is still mapped to IFSC SUSB0000004. 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 SUSB0000004 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Raichur Branch branch is mapped to IFSC SUSB0000004 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 SUSB0000004.

Products and services

Customers walking into the Raichur 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 SUSB0000004

Digital banking channels

Most day-to-day work that customers used to do at the Raichur 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 SUSB0000004 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.

How to reach the Raichur Branch branch

The branch is located at H NO:11-8-2,SRI GURUSHANTHA COMPLEX,CITY TALKIES ROAD BRESTHWARPET, RAICHUR-584 101, which puts it inside Raichur, the broader Raichur 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 Raichur Branch branch” — the verified location pin for IFSC SUSB0000004 should appear at the top of the results.
2. Confirm the branch is open by calling 8532-232875 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 SUSB0000004 and your account number.

Common mistakes to avoid when using IFSC SUSB0000004

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 Suco Souharda Sahakari Bank Limited – RAICHUR BRANCH, 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: SUSB0000004.
• 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.

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 Raichur Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC SUSB0000004, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SUSB0000004 for Suco Souharda Sahakari Bank Limited – RAICHUR 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 address & contact

Frequently asked questions

Summary

The IFSC code SUSB0000004 belongs to Suco Souharda Sahakari Bank Limited's RAICHUR BRANCH branch, located at H NO:11-8-2,SRI GURUSHANTHA COMPLEX,CITY TALKIES ROAD BRESTHWARPET,… in RAICHUR, 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.