The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Abhyudaya Cooperative Bank Limited for its Ahmednagar branch in Ahmednagar, Ahmednagar, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Abhyudaya Cooperative Bank Limited located in Ahmednagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ABHY0065126. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Abhyudaya Cooperative Bank Limited, Ahmednagar, Ahmednagar

Here are some of the key details that come with the IFSC Code ABHY0065126 of Abhyudaya Cooperative Bank Limited for its branch located in Ahmednagar, within the district of Ahmednagar in the state of Maharashtra.

Particulars Details
Bank Abhyudaya Cooperative Bank Limited
IFSC Code ABHY0065126
Branch Ahmednagar
City Ahmednagar
District Ahmednagar
State Maharashtra
Address Sai Midas Touch, Shop No. 7 And 8, Plot No. 101 Slash 86, Nagar Manmad Road, Savedi Road, Ahmednagar 414003

These details are crucial, not just for online banking users but also for businesses and individuals who use Abhyudaya Cooperative Bank Limited in Ahmednagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ABHY0065126 for the Ahmednagar branch of Abhyudaya Cooperative Bank Limited has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Abhyudaya Cooperative Bank Limited located in Ahmednagar, Ahmednagar, Maharashtra, are allotted a unique IFSC like ABHY0065126 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ahmednagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Ahmednagar and Ahmednagar.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Abhyudaya Cooperative Bank Limited in Ahmednagar reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code ABHY0065126

The format of the IFSC Code for banks, including Abhyudaya Cooperative Bank Limited, has an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): Show the bank code. For Abhyudaya Cooperative Bank Limited, these letters represent the bank's short name.
  • 5th character: Is always zero and is kept for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ahmednagar in Ahmednagar.

For example, the IFSC Code ABHY0065126 of Abhyudaya Cooperative Bank Limited for the Ahmednagar branch includes these elements, identifying the bank and the branch location in Ahmednagar and Maharashtra correctly.

How to Find IFSC Code for Abhyudaya Cooperative Bank Limited?

If you are trying to find the IFSC Code ABHY0065126 of Abhyudaya Cooperative Bank Limited for its Ahmednagar branch located in Ahmednagar, the following methods can help:

Cheque Book

The cheque books that are issued by Abhyudaya Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Abhyudaya Cooperative Bank Limited branches in Ahmednagar and Ahmednagar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Abhyudaya Cooperative Bank Limited and find the branch locator section. Search for Ahmednagar or Ahmednagar to get the exact IFSC Code ABHY0065126.

Mobile Banking App

If you use Abhyudaya Cooperative Bank Limited's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Abhyudaya Cooperative Bank Limited and Ahmednagar that will provide accurate information.

How to Use IFSC Code ABHY0065126 for Online Transfers?

If you have the IFSC Code ABHY0065126 for the Ahmednagar branch of Abhyudaya Cooperative Bank Limited in Ahmednagar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ABHY0065126. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. Asks for the recipient's account details and Abhyudaya Cooperative Bank Limited IFSC Code ABHY0065126.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Abhyudaya Cooperative Bank Limited Ahmednagar in Ahmednagar, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Abhyudaya Cooperative Bank Limited in Ahmednagar, here are some ways to obtain it:

  • Check the bottom of your cheque leaf.
  • Refer to the first page of your passbook.
  • Visit the official Abhyudaya Cooperative Bank Limited website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Ahmednagar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Abhyudaya Cooperative Bank Limited in Ahmednagar, Ahmednagar?

The IFSC Code is ABHY0065126.

Is the IFSC Code ABHY0065126 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Abhyudaya Cooperative Bank Limited Ahmednagar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Ahmednagar branch?

The address of the branch is Sai Midas Touch, Shop No. 7 And 8, Plot No. 101 Slash 86, Nagar Manmad Road, Savedi Road, Ahmednagar 414003 located in Ahmednagar, Ahmednagar, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.