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 Kandivali (West) branch in Mumbai, 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 ABHY0065051. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Abhyudaya Cooperative Bank Limited, Kandivali (West), Mumbai
Here are the key points that are associated with the IFSC Code ABHY0065051 of Abhyudaya Cooperative Bank Limited for its branch located in Mumbai, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Abhyudaya Cooperative Bank Limited |
| IFSC Code | ABHY0065051 |
| Branch | Kandivali (West) |
| City | Mumbai |
| District | Mumbai |
| State | Maharashtra |
| Address | Kandivli (W) Branch, Shop No.7, Vijaybharti Co-Op. Hsg. Society, Sector - Ii Charkop, Kandivali (W), Mumbai 400067 |
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 ABHY0065051 for the Kandivali (West) 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Abhyudaya Cooperative Bank Limited located in Kandivali (West), Mumbai, Maharashtra, is provided a unique IFSC like ABHY0065051 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Abhyudaya Cooperative Bank Limited branch in Mumbai.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Mumbai and Mumbai.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Abhyudaya Cooperative Bank Limited in Kandivali (West) do not get misguided to another person.
Format of the IFSC Code ABHY0065051
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): These represent the bank code. In Abhyudaya Cooperative Bank Limited, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Kandivali (West) in Mumbai.
For example, the IFSC Code ABHY0065051 of Abhyudaya Cooperative Bank Limited for the Kandivali (West) branch has 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 ABHY0065051 of Abhyudaya Cooperative Bank Limited for its Kandivali (West) branch located in Mumbai, the following methods can help:
Cheque Book
The cheque books that are issued by Abhyudaya Cooperative Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Abhyudaya Cooperative Bank Limited branches in Mumbai and 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 find the branch locator section. Search for Kandivali (West) or Mumbai to get the exact IFSC Code ABHY0065051.
Mobile Banking App
If you use Abhyudaya Cooperative Bank Limited's mobile app, you can easily 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 to help you in searching for Abhyudaya Cooperative Bank Limited and Mumbai that will provide accurate information.
How to Use IFSC Code ABHY0065051 for Online Transfers?
Once you have the IFSC Code ABHY0065051 for the Kandivali (West) 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 ABHY0065051. 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 ABHY0065051.
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 Kandivali (West) 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 Kandivali (West), 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)
The IFSC Code of the Kandivali (West) Mumbai branch is ABHY0065051.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Kandivli (W) Branch, Shop No.7, Vijaybharti Co-Op. Hsg. Society, Sector - Ii Charkop, Kandivali (W), Mumbai 400067.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.