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 Service Center 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 ABHY0065099. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Abhyudaya Cooperative Bank Limited, Service Center, Mumbai
Here are some of the key details that come with the IFSC Code ABHY0065099 of Abhyudaya Cooperative Bank Limited for its branch located in Mumbai, within the district of Greater Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Abhyudaya Cooperative Bank Limited |
| IFSC Code | ABHY0065099 |
| Branch | Service Center |
| City | Mumbai |
| District | Greater Mumbai |
| State | Maharashtra |
| Address | Abhyudaya Bank Bldg., B.No.71, Nehru Nagar, Kurla (E), Mumbai-400024 |
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 ABHY0065099 for the Service Center 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 that is provided by the Reserve Bank of India. A unique IFSC like ABHY0065099 is given to every bank branch, including Abhyudaya Cooperative Bank Limited located in Service Center, 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 Mumbai.
- 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 Service Center doesn't end up at another location.
Format of the IFSC Code ABHY0065099
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 Service Center in Mumbai.
For example, the IFSC Code ABHY0065099 of Abhyudaya Cooperative Bank Limited for the Service Center 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?
To find the IFSC Code ABHY0065099 of Abhyudaya Cooperative Bank Limited for its Service Center branch located in Mumbai, the following methods can help you out:
Cheque Book
The cheque book issued by Abhyudaya Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code 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 the passbook.
Bank Website
Visit the official website of Abhyudaya Cooperative Bank Limited and go to the branch locator section. Then search for Service Center or Mumbai to find the exact IFSC Code ABHY0065099.
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 maintains an updated database of all IFSC codes. Searching for Abhyudaya Cooperative Bank Limited and Mumbai will provide accurate information.
How to Use IFSC Code ABHY0065099 for Online Transfers?
If you have the IFSC Code ABHY0065099 for the Service Center branch of Abhyudaya Cooperative Bank Limited in Mumbai, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ABHY0065099. Transfers are processed in batches. 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. Asks for the recipient's account details and Abhyudaya Cooperative Bank Limited IFSC Code ABHY0065099.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Abhyudaya Cooperative Bank Limited Service Center in Mumbai, it may result in delayed or failed transactions.
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 Service Center, 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 ABHY0065099.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Abhyudaya Bank Bldg., B.No.71, Nehru Nagar, Kurla (E), Mumbai-400024 located in Mumbai, Greater Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.