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

If you are searching for the IFSC code of Suco Souharda Sahakari Bank Limited, SHAHAPUR branch in SHAHAPUR, KARNATAKA, this page has every detail you need. The verified IFSC code for this branch is SUSB0000018. 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 SHAHAPUR branch, and detailed step-by-step guides for using the IFSC SUSB0000018 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.

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, SUSB0000018 is the IFSC of Suco Souharda Sahakari Bank Limited's SHAHAPUR branch. The format is fixed: SUSB = bank code, 0 = reserved, 000018 = branch identifier.

Bank profile

Suco Souharda Sahakari Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Shahapur branch — IFSC SUSB0000018 — extends the bank's services to customers in and around Shahapur, Karnataka.

Branch details at a glance

About the Shahapur branch

The Shahapur branch of Suco Souharda Sahakari Bank Limited is situated at NANDI COMPLEX,BEHIND C B COMMAN,C B TEMPLE ROAD,SHAHAPUR-585 223. 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 SUSB0000018 is used.

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 Suco Souharda Sahakari Bank Limited's SHAHAPUR branch came to be assigned the code SUSB0000018.

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 SUSB0000018, money simply cannot be routed to the SHAHAPUR branch electronically.

Products and account variants supported

Every account opened at the Shahapur branch is mapped to IFSC SUSB0000018 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 SUSB0000018.

Products and services

Customers walking into the Shahapur 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 SUSB0000018

How to transfer money using IFSC SUSB0000018

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 SUSB0000018 across all three.

NEFT to Suco Souharda Sahakari Bank Limited, SHAHAPUR using IFSC SUSB0000018

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 SUSB0000018, and confirm that the system picks up Suco Souharda Sahakari Bank Limited – SHAHAPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC SUSB0000018

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 Suco Souharda Sahakari Bank Limited – SHAHAPUR, ensure your bank's portal accepts IFSC SUSB0000018 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Suco Souharda Sahakari Bank Limited SHAHAPUR (IFSC SUSB0000018)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC SUSB0000018 in your mobile or internet banking app, and the money is credited to the SHAHAPUR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Shahapur

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 SUSB0000018:

• 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 SHAHAPUR is still linked to IFSC SUSB0000018.

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 SUSB0000018

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 – SHAHAPUR is still mapped to IFSC SUSB0000018. 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 SUSB0000018 and the beneficiary's account number to complete the transfer.

Online banking and IFSC SUSB0000018

Suco Souharda Sahakari Bank Limited customers can register for net banking and the bank's official mobile app once their account at the SHAHAPUR 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 SUSB0000018 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 Shahapur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC SUSB0000018 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 – SHAHAPUR:

• The IFSC is exactly SUSB0000018 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 SHAHAPUR 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 Shahapur branch sits at NANDI COMPLEX,BEHIND C B COMMAN,C B TEMPLE ROAD,SHAHAPUR-585 223. If you are travelling from outside Shahapur, search for the branch on a maps application using the bank name and locality, or call 8479-244044 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 SUSB0000018 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC SUSB0000018 for Suco Souharda Sahakari Bank Limited – SHAHAPUR, 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.

Working hours

Branch counters at Shahapur 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 SUSB0000018 continue to work without interruption.

Branch address & contact

Frequently asked questions

Summary

The IFSC code SUSB0000018 belongs to Suco Souharda Sahakari Bank Limited's SHAHAPUR branch, located at NANDI COMPLEX,BEHIND C B COMMAN,C B TEMPLE ROAD,SHAHAPUR-585 223 in SHAHAPUR, 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.