Following are the IFSC Code Details of Pune Branch Bhagini Nivedita Sahakari Bank Ltd Pune Pune BNSB0000001

Which Bank IFSC Code is BNSB0000001?

IFSC Code BNSB0000001 belongs to Branch Name: Rtgs-Ho of Bhagini Nivedita Sahakari Bank Ltd Pune located at Nivedita Bahavan,Cts No.34/7,Final Plot No 35/7B,Prabhat Road,Lane No.8,Erandwane,Pune – 411004

What is IFSC Code?

IFSC stands for Indian Financial System Code. It’s an 11-digit alphanumeric code that uniquely identifies every bank branch in India that participates in online money transfer systems. It works as a crucial address for ensuring smooth and accurate electronic fund transfers. It acts as a crucial address for ensuring accurate electronic fund transfers.

Structure of an IFSC Code:

First 4 characters: Bank’s name (e.g., HDFC, SBI, ICICI)
5th character: Always 0 (zero)
Last 6 characters: Specific branch of the bank

Uses of IFSC Codes:

Online money transfers: NEFT, RTGS, and IMPS all require IFSC codes to specify the recipient’s bank branch.
Cheque clearance: Used for faster cheque clearance processes.
Linking bank accounts: Linking accounts for mutual funds, loan repayments, etc., often involves IFSC codes.

How to Find Your IFSC Code:

Cheque book: Printed at the top of the cheque leaf.

Bank passbook: Printed on the front page.

Bank website/app: Available in your account information.

Third-party websites: Several websites offer IFSC code search features.

Bank branch: Visit your branch for assistance.

Common Questions:

Do all bank branches have IFSC codes?

No, only those participating in online money transfer systems have IFSC codes.

Can I use the same IFSC code for all transfer types?

Yes, the IFSC code remains constant for NEFT, RTGS, and IMPS.

What happens if I enter an incorrect IFSC code?

The transfer may be delayed or returned, so double-check the code before initiating a transaction.

Can I find IFSC codes for international banks?

No, IFSC codes are specific to Indian banks. For international transfers, you’ll need SWIFT codes.

Additional Information:

IFSC codes are issued by the Reserve Bank of India (RBI).
They are essential for smooth and secure electronic fund transfers in India.
Always verify the IFSC code with the recipient before initiating a transfer to avoid errors or delays.

About Bhagini Nivedita Sahakari Bank Ltd Pune:

Bhagini Nivedita Sahakari Bank Limited is a cooperative bank headquartered in Pune, India. It was established in 1982 by a group of social workers and entrepreneurs with the goal of providing financial services to the marginalized and underserved communities in the region.

Here are some of the key features of Bhagini Nivedita Sahakari Bank Ltd Pune:

• Social responsibility: The bank is committed to using its resources to improve the lives of the communities it serves.
• Customer-centricity: The bank puts the needs of its customers first and strives to provide them with the best possible service.
• Professionalism: The bank is committed to operating in a professional and ethical manner.