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 Anjur Phata branch in Bhiwandi, Thane, 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 Bhiwandi or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ABHY0065068. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Abhyudaya Cooperative Bank Limited, Anjur Phata, Bhiwandi
Here are the main details that are associated with the IFSC Code ABHY0065068 of Abhyudaya Cooperative Bank Limited for its branch located in Bhiwandi, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Abhyudaya Cooperative Bank Limited |
| IFSC Code | ABHY0065068 |
| Branch | Anjur Phata |
| City | Bhiwandi |
| District | Thane |
| State | Maharashtra |
| Address | Som Shiv Plaza, Anjur Phata, Kamatghar, Agra Road, Bhiwandi - 421 302. |
These details are important not only for users using online banking but also for businesses and individuals who use Abhyudaya Cooperative Bank Limited in Bhiwandi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ABHY0065068 for the Anjur Phata branch of Abhyudaya Cooperative Bank Limited is vital.
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, including Abhyudaya Cooperative Bank Limited located in Anjur Phata, Bhiwandi, Maharashtra, is provided with a unique IFSC like ABHY0065068 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Abhyudaya Cooperative Bank Limited branch in Bhiwandi.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Bhiwandi and Thane.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Abhyudaya Cooperative Bank Limited in Anjur Phata do not get mixed with another location.
Format of the IFSC Code ABHY0065068
This is the format of the IFSC Code for banks, including Abhyudaya Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Abhyudaya Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Anjur Phata in Bhiwandi.
For example, the IFSC Code ABHY0065068 of Abhyudaya Cooperative Bank Limited for the Anjur Phata branch includes these elements, identifying the bank and the branch location in Bhiwandi and Maharashtra accurately.
How to Find IFSC Code for Abhyudaya Cooperative Bank Limited?
If you are trying to find the IFSC Code ABHY0065068 of Abhyudaya Cooperative Bank Limited for its Anjur Phata branch located in Bhiwandi, the following methods can help:
Cheque Book
The cheque book issued by Abhyudaya Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Abhyudaya Cooperative Bank Limited branches in Bhiwandi and Thane, print them on the first page of your passbook.
Bank Website
Visit the official website of Abhyudaya Cooperative Bank Limited and navigate to the branch locator section. Search for Anjur Phata or Bhiwandi to get the exact IFSC Code ABHY0065068.
Mobile Banking App
If you use Abhyudaya Cooperative Bank Limited's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Abhyudaya Cooperative Bank Limited and Bhiwandi, you'll get the correct details.
How to Use IFSC Code ABHY0065068 for Online Transfers?
Once you have the IFSC Code ABHY0065068 for the Anjur Phata branch of Abhyudaya Cooperative Bank Limited in Bhiwandi, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ABHY0065068. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Abhyudaya Cooperative Bank Limited IFSC Code ABHY0065068.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Abhyudaya Cooperative Bank Limited Anjur Phata in Bhiwandi, it can 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 Anjur Phata, 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 Bhiwandi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Anjur Phata Bhiwandi branch is ABHY0065068.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Som Shiv Plaza, Anjur Phata, Kamatghar, Agra Road, Bhiwandi - 421 302..
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.