Himachal Pradesh State Cooperative Bank Limited

RBI has allotted IFSC codes to all the bank branches in India. This unique 11-digit codes with alphanumeric characters, is mandatory to perform fund or cash transactions. These codes help the users to ensure that the transferred funds go to the right person account.

For example, we can take IFSC code: "HPSC0000179" of Himachal Pradesh State Cooperative Bank Limited in Chamba, Himachal Pradesh.

• Here, the first four alphabets, HPSC, indicate the bank name, i.e., Himachal Pradesh State Cooperative Bank Limited.
• The fifth digit is 0 (zero) - provided for future use.
• The last six digits 000179 - denotes a particular branch of Chamba, Himachal Pradesh.

This IFSC code can be used for online money transactions via NEFT, RTGS and IMPS to any Himachal Pradesh State Cooperative Bank Limited account or to other bank accounts. This code helps to avoid the risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches the right account holder at the specified branch.

Easy way to find Himachal Pradesh State Cooperative Bank Limited IFSC Code and MICR Code?

The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Himachal Pradesh State Cooperative Bank Limited. The website of Reserve Bank of India also offers the entire list of IFSC codes of all banks. The customers can also enter into the bank's official website. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes.

Himachal Pradesh State Cooperative Bank Limited Branch Details

• Himachal Pradesh

ABOUT HIMACHAL PRADESH COOPERATIVE BANK

• Those days, the commercial banks were operating for many years, but it was being felt that these banks were not paying necessary head to the credit requirements of common masses. Further the commercial banks, were mainly concentrating in the urban area and the banking facilities to rural people were not available.


• Consequently, the Co-operative Banks came into picture after 1904. Himachal Pradesh has the distinction of having first Coop. Society Registered in India. Cooperative were primarily visualized as specialized agency for financing the credit requirement of rural people in the country particularly agriculture.


• In 1953, Himachal Pradesh State Co-operative Bank (HPSCB) was established after amalgamating three banks, namely Mahasu Central Co-operative Bank,The Mandi Central Co-operative Bank Limited and TheChamba Central Co-operative Bank Limited into it. These banks were functioning to cater to the needs of farmer in Himachal Pradesh.


• The Registration of Himachal Pradesh State Co-operative Bank was done in August 1953, under the Co-operative Society Act, 1912. The bank started functioning on 15 March 1954. At that time, the State of Himachal Pradesh used to be the Union Territory and there were only 6 districts, The bank started functioning as an Apex bank as well as Central financing agency under 2-tier system in 6 districts.


• In 1955, one Joint Stock Bank i.e., Bank of Sirmour was also merged along with it. At present the HPSCB is performing dual function viz. that of Apex Co-operative Bank in Himachal Pradesh to play lead role in development in Co-operative in the State and that of a Co-operative Bank in 6 districts viz. Bilaspur, Chamba, Kinnaur, Mandi, Shimla and Sirmour.


• The bank is extended banking facilities in 5 districts viz. Kangra, Kullu, Hamirpur, Lahaul and Spiti and Una through its affiliated District Central Co-operative Banks, i.e. The Kangra Central Co-operative Bank and in district Solan through another affiliated District Central Co-operative Bank, The Jogindra Central Co-operative Bank as a District Central Co-operative Bank.


• HPSCB is serving the people of the State through a network of 190 branches and extension counter of which about 94% is in the rural areas of the State and one branch at New SubziMandi, Azadpur, New Delhi for the benefit horticulturists of the State.


• Himpesa is the official mobile banking application of Himachal Pradesh State Co-operative Bank Limited. The application provides access to HPSCB banking services anywhere anytime.

For further details contact Toll Free no: 1800 180 8090.