Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Abhyudaya Cooperative Bank Limited for its Dahisar East branch in Mumbai, Greater Mumbai, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Abhyudaya Cooperative Bank Limited located in Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ABHY0065047. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Abhyudaya Cooperative Bank Limited, Dahisar East, Mumbai

Here are some of the key details that come with the IFSC Code ABHY0065047 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 ABHY0065047
Branch Dahisar East
City Mumbai
District Greater Mumbai
State Maharashtra
Address Gr. Floor, Madhuram Hall, Harishankar Joshi Road, Dahisar (E), Mumbai - 400 068

These details are important not only for users using online banking but also for businesses and individuals who use Abhyudaya Cooperative Bank Limited in Mumbai for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ABHY0065047 for the Dahisar East 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 that is provided by the Reserve Bank of India. A unique IFSC like ABHY0065047 is given to every bank branch, including Abhyudaya Cooperative Bank Limited located in Dahisar East, Mumbai, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Abhyudaya Cooperative Bank Limited branch in Mumbai.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Mumbai and Greater Mumbai.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Abhyudaya Cooperative Bank Limited in Dahisar East doesn't end up at another location.

Format of the IFSC Code ABHY0065047

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Abhyudaya Cooperative Bank Limited, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Dahisar East in Mumbai.

For example, the IFSC Code ABHY0065047 of Abhyudaya Cooperative Bank Limited for the Dahisar East branch includes these elements, identifying the bank and the branch location in Mumbai and Maharashtra accurately.

How to Find IFSC Code for Abhyudaya Cooperative Bank Limited?

To find the IFSC Code ABHY0065047 of Abhyudaya Cooperative Bank Limited for its Dahisar East branch located in Mumbai, the following methods can help you out:

Cheque Book

The cheque book issued by Abhyudaya Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code 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 the passbook.

Bank Website

Visit the official website of Abhyudaya Cooperative Bank Limited and go to the branch locator section. Then search for Dahisar East or Mumbai to find the exact IFSC Code ABHY0065047.

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 maintains an updated database of all IFSC codes. Searching for Abhyudaya Cooperative Bank Limited and Mumbai will provide accurate information.

How to Use IFSC Code ABHY0065047 for Online Transfers?

Once you have the IFSC Code ABHY0065047 for the Dahisar East 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 ABHY0065047. 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 ABHY0065047.

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 Dahisar East 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 Dahisar East, 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 Mumbai 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 Dahisar East, Mumbai?

The IFSC Code is ABHY0065047.

Is the IFSC Code ABHY0065047 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 Dahisar East?

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 Dahisar East branch?

The address of the branch is Gr. Floor, Madhuram Hall, Harishankar Joshi Road, Dahisar (E), Mumbai - 400 068 located in Mumbai, Greater Mumbai, 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.

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