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Himachal Pradesh State Co-operative Bank

HALLAN BRANCH

+911702224018

IFSC CODE
HPSC0000583
MICR Code
Branch Code 000583
City / District HALLAN
State HIMACHAL PRADESH
Office Address GP HALLAN VPO HALLAN SUB TEHSIL RONHAT DISTT SIRMOUR
Phone +911702224018
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Understanding IFSC Code: The Digital DNA of Himachal Pradesh State Co-operative Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the HALLAN branch of Himachal Pradesh State Co-operative Bank, the code HPSC0000583 ensures that your funds are routed through the Reserve Bank of India's (RBI) structured network without manual errors. In an era of instant payments, having the correct IFSC is as important as the account number itself.

Anatomy of the HPSC0000583 Code

An IFSC is an 11-character alphanumeric code. Let's break down the logic behind the code for this specific branch:

First 4

Bank Identity

"HPSC" represents Himachal Pradesh State Co-operative Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for HALLAN

Payment Systems Supported by HPSC0000583

System Transfer Limit Processing Time
NEFT No Minimum (Up to ₹50 Lakhs+) Half-hourly batches (24x7)
RTGS Minimum ₹2 Lakhs Real-time settlement
IMPS Up to ₹5 Lakhs Instant (Mobile/P2P)

Why do you need the MICR Code?

While IFSC is for digital transfers, the Magnetic Ink Character Recognition (MICR) code——is primarily used for the processing and clearance of physical cheques. This 9-digit code helps in identifying the bank and branch during the Cheque Truncation System (CTS) cycle, making clearing faster and error-free.

Bank Holidays & Availability

The Himachal Pradesh State Co-operative Bank in HALLAN typically follows the RBI holiday calendar. Digital transfers via HPSC0000583 for NEFT/RTGS are now available 365 days a year, regardless of physical branch timings or Sunday closures.

Security Warning & Verification

Always verify the branch details before making a large payment. While HPSC0000583 is the valid code for HALLAN at HALLAN, ensure the beneficiary name matches perfectly in your mobile banking app.

RBI Verified NEFT Enabled RTGS 24x7

Bank Search Indexing & Metadata

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Financial Tools

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Branch Context

  • • HALLAN Contact
  • • Address of Himachal Pradesh State Co-operative Bank
  • • MICR Code Finder
  • • HIMACHAL PRADESH Banking Circle

Platform Links

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