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 Sewri 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 ABHY0065011. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Abhyudaya Cooperative Bank Limited, Sewri, Mumbai
Here are the main details that are associated with the IFSC Code ABHY0065011 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 | ABHY0065011 |
| Branch | Sewri |
| City | Mumbai |
| District | Greater Mumbai |
| State | Maharashtra |
| Address | Navnidhi Industrial Estate, Acharya Dondhe Marg, Sewri, Mumbai-400015 |
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 ABHY0065011 for the Sewri 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 provided by the Reserve Bank of India. Every bank branch, along with Abhyudaya Cooperative Bank Limited located in Sewri, Mumbai, Maharashtra, are allotted a unique IFSC like ABHY0065011 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 confusion between different branches of the same bank in places like Mumbai and Greater Mumbai.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Abhyudaya Cooperative Bank Limited in Sewri reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ABHY0065011
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 Sewri in Mumbai.
For example, the IFSC Code ABHY0065011 of Abhyudaya Cooperative Bank Limited for the Sewri 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 looking for the IFSC Code ABHY0065011 of Abhyudaya Cooperative Bank Limited for its Sewri branch located in Mumbai, the following methods can help:
Cheque Book
The cheque book that is issued by Abhyudaya Cooperative Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the 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
You can visit the official website of Abhyudaya Cooperative Bank Limited and look for the branch locator section, then search for Sewri or Mumbai to get the exact IFSC Code ABHY0065011.
Mobile Banking App
If you use Abhyudaya Cooperative Bank Limited's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Abhyudaya Cooperative Bank Limited and Mumbai, then it will provide you proper information.
How to Use IFSC Code ABHY0065011 for Online Transfers?
Once you have the IFSC Code ABHY0065011 for the Sewri 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 ABHY0065011. 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 ABHY0065011.
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 Sewri 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 Sewri, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Mumbai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ABHY0065011.
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 Navnidhi Industrial Estate, Acharya Dondhe Marg, Sewri, Mumbai-400015 located in Mumbai, Greater Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.