IFSC Code of Vikas Souharda Co-operative Bank Limited, Raichur Branch, Karnataka

This page lists the IFSC code, branch address, contact number and fund-transfer information for Vikas Souharda Co-operative Bank Limited, RAICHUR branch in RAICHUR. The 11-digit IFSC VSBA0000012 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Vikas Souharda Co-operative Bank Limited at the RAICHUR location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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, VSBA0000012 is the IFSC of Vikas Souharda Co-operative Bank Limited's RAICHUR branch. The format is fixed: VSBA = bank code, 0 = reserved, 000012 = branch identifier.

About Vikas Souharda Co-operative Bank Limited

Vikas Souharda Co-operative Bank Limited operates a wide network of branches across India, including the Raichur branch in Raichur. 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, VSBA0000012.

Branch details at a glance

About the Raichur branch

The Raichur branch of Vikas Souharda Co-operative Bank Limited is situated at SIYA TALAB 1,GUNJ MAIN ROAD,RAICHUR. 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 VSBA0000012 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 Vikas Souharda Co-operative Bank Limited's RAICHUR branch came to be assigned the code VSBA0000012.

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 VSBA0000012, money simply cannot be routed to the RAICHUR branch electronically.

Products and account variants supported

Every account opened at the Raichur branch is mapped to IFSC VSBA0000012 on the RBI payments network. The branch generally supports the full retail product catalogue of Vikas Souharda Co-operative 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 VSBA0000012.

Products and services

Customers walking into the Raichur branch can access most of Vikas Souharda Co-operative 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 VSBA0000012

How to transfer money using IFSC VSBA0000012

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 VSBA0000012 across all three.

NEFT to Vikas Souharda Co-operative Bank Limited, RAICHUR using IFSC VSBA0000012

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 VSBA0000012, and confirm that the system picks up Vikas Souharda Co-operative Bank Limited – RAICHUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC VSBA0000012

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 Vikas Souharda Co-operative Bank Limited – RAICHUR, ensure your bank's portal accepts IFSC VSBA0000012 while registering the beneficiary. RTGS is also available 24x7.

Send money instantly through IMPS

For a real-time, anytime transfer to Vikas Souharda Co-operative Bank Limited – RAICHUR, use IMPS. With IFSC VSBA0000012 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 VSBA0000012 for Vikas Souharda Co-operative Bank Limited – RAICHUR, 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, 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 VSBA0000012

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 Vikas Souharda Co-operative Bank Limited – RAICHUR is still mapped to IFSC VSBA0000012. 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 VSBA0000012 and the beneficiary's account number to complete the transfer.

Online banking and IFSC VSBA0000012

Vikas Souharda Co-operative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the RAICHUR 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 VSBA0000012 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 code & cheque clearing

Apart from IFSC, every cheque book issued by Vikas Souharda Co-operative Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC VSBA0000012 and the account number together uniquely identify the Raichur 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 Vikas Souharda Co-operative Bank Limited – RAICHUR:

• The IFSC is exactly VSBA0000012 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Vikas Souharda Co-operative Bank Limited as the bank name and RAICHUR 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 Raichur branch sits at SIYA TALAB 1,GUNJ MAIN ROAD,RAICHUR. If you are travelling from outside Raichur, search for the branch on a maps application using the bank name and locality, or call 8532-200177 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 VSBA0000012 and your account number.

Verifying IFSC VSBA0000012 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 VSBA0000012 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 8532-200177.
• 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 Raichur branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC VSBA0000012, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code VSBA0000012 belongs to Vikas Souharda Co-operative Bank Limited's RAICHUR branch, located at SIYA TALAB 1,GUNJ MAIN ROAD,RAICHUR 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.