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 Marve Link Road 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 ABHY0065069. 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, Marve Link Road, Mumbai
Here are the main details that are associated with the IFSC Code ABHY0065069 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 | ABHY0065069 |
| Branch | Marve Link Road |
| City | Mumbai |
| District | Greater Bombay |
| State | Maharashtra |
| Address | Shop No. S-109, Rajiv Gandhi Commercial Complex, Ekta Nagar, Charkop Marve Link Road, Kandivli (W), Mumbai - 400 067 |
These details helps 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 ABHY0065069 for the Marve Link Road branch of Abhyudaya Cooperative Bank Limited plays a vital 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, including Abhyudaya Cooperative Bank Limited located in Marve Link Road, Mumbai, Maharashtra, is provided with a unique IFSC like ABHY0065069 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Mumbai and Greater Bombay.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Abhyudaya Cooperative Bank Limited in Marve Link Road do not get mixed with another location.
Format of the IFSC Code ABHY0065069
This is the format of the IFSC Code for banks, including Abhyudaya Cooperative Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Abhyudaya Cooperative Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Marve Link Road in Mumbai.
For example, the IFSC Code ABHY0065069 of Abhyudaya Cooperative Bank Limited for the Marve Link Road 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 ABHY0065069 of Abhyudaya Cooperative Bank Limited for its Marve Link Road 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 Greater Bombay, 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 Marve Link Road or Mumbai to get the exact IFSC Code ABHY0065069.
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 ABHY0065069 for Online Transfers?
Once you have the IFSC Code ABHY0065069 for the Marve Link Road branch of Abhyudaya Cooperative Bank Limited in Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ABHY0065069. Transfers are processed in batches. This is suitable for 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 ABHY0065069.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Abhyudaya Cooperative Bank Limited Marve Link Road in Mumbai may 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 Marve Link Road, 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 is ABHY0065069.
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 Shop No. S-109, Rajiv Gandhi Commercial Complex, Ekta Nagar, Charkop Marve Link Road, Kandivli (W), Mumbai - 400 067 located in Mumbai, Greater Bombay, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.