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 Jogeshwari (E) branch in Mumbai, Greater Bombay, 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 ABHY0065065. 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, Jogeshwari (E), Mumbai
Below in the table are the key details related to IFSC Code ABHY0065065 of Abhyudaya Cooperative Bank Limited for its branch located in Mumbai, within the district of Greater Bombay in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Abhyudaya Cooperative Bank Limited |
| IFSC Code | ABHY0065065 |
| Branch | Jogeshwari (E) |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
| Address | Bal Vikas School Building, Ground Floor, Mhada Colony, Sarvodaya Nagar, Jogeshwari (E), Mumbai 400 060 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Abhyudaya Cooperative Bank Limited in Mumbai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ABHY0065065 for the Jogeshwari (E) branch of Abhyudaya Cooperative Bank Limited has an important role.
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 ABHY0065065 is given to every bank branch, including Abhyudaya Cooperative Bank Limited located in Jogeshwari (E), 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 Bombay.
- 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 Jogeshwari (E) doesn't end up at another location.
Format of the IFSC Code ABHY0065065
The format of the IFSC Code for banks, including Abhyudaya Cooperative Bank Limited, follows 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 Jogeshwari (E) in Mumbai.
For example, the IFSC Code ABHY0065065 of Abhyudaya Cooperative Bank Limited for the Jogeshwari (E) 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 ABHY0065065 of Abhyudaya Cooperative Bank Limited for its Jogeshwari (E) 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 Jogeshwari (E) or Mumbai to get the exact IFSC Code ABHY0065065.
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 ABHY0065065 for Online Transfers?
Once you have the IFSC Code ABHY0065065 for the Jogeshwari (E) 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 ABHY0065065. 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 ABHY0065065.
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 Jogeshwari (E) 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 are very different from IFSC codes. If you are looking for the MICR code of Abhyudaya Cooperative Bank Limited in Jogeshwari (E), here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Mumbai manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ABHY0065065.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Bal Vikas School Building, Ground Floor, Mhada Colony, Sarvodaya Nagar, Jogeshwari (E), Mumbai 400 060 located in Mumbai, Greater Bombay, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.