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Suco Souharda Sahakari Bank

ROYAL CIRCLE BRANCH BELLARY BRANCH

+918392276764

IFSC CODE
SUSB0000011
MICR Code 583836103
Branch Code 000011
City / District ROYAL CIRCLE BRANCH BELLARY
State KARNATAKA
Office Address CORP W N.18,CMC BUILDING ,ROYAL CIRCLE,STATION ROAD,BELLARY 583 103
Phone +918392276764
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Understanding IFSC Code: The Digital DNA of Suco Souharda Sahakari Bank

When performing any digital transaction in India, the Indian Financial System Code (IFSC) acts as a critical identifier. For the ROYAL CIRCLE BRANCH BELLARY branch of Suco Souharda Sahakari Bank, the code SUSB0000011 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 SUSB0000011 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

"SUSB" represents Suco Souharda Sahakari Bank

5th Digit

Control Character

Always '0' (Reserved for future use)

Last 6

Branch Locator

Unique code for ROYAL CIRCLE BRANCH BELLARY

Payment Systems Supported by SUSB0000011

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—583836103—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 Suco Souharda Sahakari Bank in ROYAL CIRCLE BRANCH BELLARY typically follows the RBI holiday calendar. Digital transfers via SUSB0000011 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 SUSB0000011 is the valid code for ROYAL CIRCLE BRANCH BELLARY at ROYAL CIRCLE BRANCH BELLARY, 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

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