For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Abhyudaya Cooperative Bank Limited for its Banking Complex branch in Mumbai, Greater Mumbai, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Abhyudaya Cooperative Bank Limited located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ABHY0065036. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Abhyudaya Cooperative Bank Limited, Banking Complex, Mumbai
Here are some of the key details that come with the IFSC Code ABHY0065036 of Abhyudaya Cooperative Bank Limited for its branch located in Mumbai, within the district of Greater Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Abhyudaya Cooperative Bank Limited |
| IFSC Code | ABHY0065036 |
| Branch | Banking Complex |
| City | Mumbai |
| District | Greater Mumbai |
| State | Maharashtra |
| Address | Unit No.7 Sector 19, Phase Ii, Apmc, Vashi, Navi Mumbai-400705 |
These details help users in online banking and for businesses and individuals who use Abhyudaya Cooperative Bank Limited in Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ABHY0065036 for the Banking Complex branch of Abhyudaya Cooperative Bank Limited has a very 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 Banking Complex, Mumbai, Maharashtra, are allotted a unique IFSC like ABHY0065036 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Mumbai.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Mumbai and Greater Mumbai.
- 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 Banking Complex reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ABHY0065036
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 Banking Complex in Mumbai.
For example, the IFSC Code ABHY0065036 of Abhyudaya Cooperative Bank Limited for the Banking Complex branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra correctly.
How to Find IFSC Code for Abhyudaya Cooperative Bank Limited?
If you are trying to find the IFSC Code ABHY0065036 of Abhyudaya Cooperative Bank Limited for its Banking Complex branch located in Mumbai, 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
Most banks, including Abhyudaya Cooperative Bank Limited branches in Mumbai and Greater Mumbai, print the IFSC and MICR codes 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 Banking Complex or Mumbai to get the exact IFSC Code ABHY0065036.
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 Mumbai, you'll get the correct details.
How to Use IFSC Code ABHY0065036 for Online Transfers?
Once you have the IFSC Code ABHY0065036 for the Banking Complex branch of Abhyudaya Cooperative Bank Limited in Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ABHY0065036. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Abhyudaya Cooperative Bank Limited IFSC Code ABHY0065036.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Abhyudaya Cooperative Bank Limited Banking Complex in Mumbai, your payment can get delayed or might not go through at all.
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 Banking Complex, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ABHY0065036.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Unit No.7 Sector 19, Phase Ii, Apmc, Vashi, Navi Mumbai-400705 located in Mumbai, Greater Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.