IFSC Code of Abhyudaya Cooperative Bank Limited, Ghodbunder Road, Thane, Maharashtra — ABHY0065057

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 Ghodbunder Road branch in Thane, Thane, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ABHY0065057. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Abhyudaya Cooperative Bank Limited, Ghodbunder Road, Thane

The table below shows the main details of the IFSC Code ABHY0065057 for the Abhyudaya Cooperative Bank Limited branch in Thane, which falls under the Thane district in Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use Abhyudaya Cooperative Bank Limited in Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ABHY0065057 for the Ghodbunder Road branch of Abhyudaya Cooperative Bank Limited plays 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 ABHY0065057 is given to every bank branch, including Abhyudaya Cooperative Bank Limited located in Ghodbunder Road, Thane, 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 Thane.
• 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 Thane and Thane.
• 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 Ghodbunder Road doesn't end up at another location.

Format of the IFSC Code ABHY0065057

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 Ghodbunder Road in Thane.

For example, the IFSC Code ABHY0065057 of Abhyudaya Cooperative Bank Limited for the Ghodbunder Road branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.

How to Find IFSC Code for Abhyudaya Cooperative Bank Limited?

To find the IFSC Code ABHY0065057 of Abhyudaya Cooperative Bank Limited for its Ghodbunder Road branch located in Thane, 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 Thane and Thane, 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 Ghodbunder Road or Thane to find the exact IFSC Code ABHY0065057.

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 Thane will provide accurate information.

How to Use IFSC Code ABHY0065057 for Online Transfers?

Once you have the IFSC Code ABHY0065057 for the Ghodbunder Road branch of Abhyudaya Cooperative Bank Limited in Thane, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ABHY0065057. 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 ABHY0065057.

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 Ghodbunder Road in Thane 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 Ghodbunder Road, 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 Thane manage their online transfers and cheque clearances easily.