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IFSC Code of Abhyudaya Cooperative Bank Limited, Goregaon West, Greater Bombay, Maharashtra — ABHY0065064

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 Goregaon West branch in Mumbai, Greater Bombay, 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 ABHY0065064. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Abhyudaya Cooperative Bank Limited, Goregaon West, Mumbai

The table below shows the main details of the IFSC Code ABHY0065064 for the Abhyudaya Cooperative Bank Limited branch in Mumbai, which falls under the Greater Bombay district in Maharashtra.

Particulars Details
Bank Abhyudaya Cooperative Bank Limited
IFSC Code ABHY0065064
Branch Goregaon West
City Mumbai
District Greater Bombay
State Maharashtra
Address Shop No.2,3,5 & 6A, Vrindavan Chs Ltd., Building No.9, Shastri Nagar Road No.1, Goregaon (W), Mumbai 400 104.

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 ABHY0065064 for the Goregaon West 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, along with Abhyudaya Cooperative Bank Limited located in Goregaon West, Mumbai, Maharashtra, are given a unique IFSC like ABHY0065064 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 any kind of confusion between different branches of the same bank in places like Mumbai and Greater Bombay.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Abhyudaya Cooperative Bank Limited in Goregaon West goes to the correct branch. This is important because Abhyudaya Cooperative Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ABHY0065064

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 Goregaon West in Mumbai.

For example, the IFSC Code ABHY0065064 of Abhyudaya Cooperative Bank Limited for the Goregaon West 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 ABHY0065064 of Abhyudaya Cooperative Bank Limited for its Goregaon West 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

You can easily find the IFSC and MICR codes because most banks, including Abhyudaya Cooperative Bank Limited branches in Mumbai and Greater Bombay, 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 Goregaon West or Mumbai to get the exact IFSC Code ABHY0065064.

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 ABHY0065064 for Online Transfers?

Once you have the IFSC Code ABHY0065064 for the Goregaon West 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 ABHY0065064. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Abhyudaya Cooperative Bank Limited IFSC Code ABHY0065064.

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 Goregaon West in Mumbai, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Abhyudaya Cooperative Bank Limited in Goregaon West, you can find it by any of the following ways:

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

Having both IFSC and MICR codes helps account holders in Mumbai manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Abhyudaya Cooperative Bank Limited Goregaon West Mumbai?

The IFSC Code of the Goregaon West Mumbai branch is ABHY0065064.

Is IFSC Code ABHY0065064 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Abhyudaya Cooperative Bank Limited Goregaon West branch?

The branch is located at Shop No.2,3,5 & 6A, Vrindavan Chs Ltd., Building No.9, Shastri Nagar Road No.1, Goregaon (W), Mumbai 400 104..

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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