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 Divale Cbd branch in Mumbai, Greater Mumbai, 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 Mumbai or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ABHY0065060. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Abhyudaya Cooperative Bank Limited, Divale Cbd, Mumbai

The table below shows the main details of the IFSC Code ABHY0065060 for the Abhyudaya Cooperative Bank Limited branch in Mumbai, which falls under the Greater Mumbai district in Maharashtra.

Particulars Details
Bank Abhyudaya Cooperative Bank Limited
IFSC Code ABHY0065060
Branch Divale Cbd
City Mumbai
District Greater Mumbai
State Maharashtra
Address Shop No 8A & 9, Ground Floor, Sai Sangam, Sector-15, Sakal Bhavan Marg, Cbd Belapur, Navi Mumbai 400 614

These details are essential not only for online banking users but also for businesses and individuals who use Abhyudaya Cooperative Bank Limited in Mumbai for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ABHY0065060 for the Divale Cbd branch of Abhyudaya Cooperative Bank Limited plays 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 Divale Cbd, Mumbai, Maharashtra, are allotted a unique IFSC like ABHY0065060 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 Divale Cbd reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code ABHY0065060

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 Divale Cbd in Mumbai.

For example, the IFSC Code ABHY0065060 of Abhyudaya Cooperative Bank Limited for the Divale Cbd 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?

If you are trying to find the IFSC Code ABHY0065060 of Abhyudaya Cooperative Bank Limited for its Divale Cbd 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 Divale Cbd or Mumbai to get the exact IFSC Code ABHY0065060.

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 ABHY0065060 for Online Transfers?

Once you have the IFSC Code ABHY0065060 for the Divale Cbd branch of Abhyudaya Cooperative Bank Limited in Mumbai, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ABHY0065060. 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 ABHY0065060.

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 Divale Cbd in Mumbai, 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 Divale Cbd, 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 Divale Cbd, Mumbai?

The IFSC Code is ABHY0065060.

Is the IFSC Code ABHY0065060 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 Divale Cbd?

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 Divale Cbd branch?

The address of the branch is Shop No 8A & 9, Ground Floor, Sai Sangam, Sector-15, Sakal Bhavan Marg, Cbd Belapur, Navi Mumbai 400 614 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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