For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Abhyudaya Cooperative Bank Limited for its Mandvi branch in Vadodara, Vadodara, Gujarat, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Abhyudaya Cooperative Bank Limited located in Vadodara or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code ABHY0065201. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Abhyudaya Cooperative Bank Limited, Mandvi, Vadodara

Here are the key points that are associated with the IFSC Code ABHY0065201 of Abhyudaya Cooperative Bank Limited for its branch located in Vadodara, within the district of Vadodara in the state of Gujarat.

Particulars Details
Bank Abhyudaya Cooperative Bank Limited
IFSC Code ABHY0065201
Branch Mandvi
City Vadodara
District Vadodara
State Gujarat
Address Shree Krishna Bhavan, Near Champaner Gate, 3259 Bank Road, Vadodara 390006,

These details are crucial, not just for online banking users but also for businesses and individuals who use Abhyudaya Cooperative Bank Limited in Vadodara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ABHY0065201 for the Mandvi 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Abhyudaya Cooperative Bank Limited located in Mandvi, Vadodara, Gujarat, is provided a unique IFSC like ABHY0065201 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 Vadodara.
  • 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 Vadodara and Vadodara.
  • 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Abhyudaya Cooperative Bank Limited in Mandvi do not get misguided to another person.

Format of the IFSC Code ABHY0065201

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 Mandvi in Vadodara.

For example, the IFSC Code ABHY0065201 of Abhyudaya Cooperative Bank Limited for the Mandvi branch includes these elements, identifying the bank and the branch location in Vadodara and Gujarat correctly.

How to Find IFSC Code for Abhyudaya Cooperative Bank Limited?

If you are looking for the IFSC Code ABHY0065201 of Abhyudaya Cooperative Bank Limited for its Mandvi branch located in Vadodara, 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 Vadodara and Vadodara, 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 Mandvi or Vadodara to get the exact IFSC Code ABHY0065201.

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 Vadodara, then it will provide you proper information.

How to Use IFSC Code ABHY0065201 for Online Transfers?

Once you have the IFSC Code ABHY0065201 for the Mandvi branch of Abhyudaya Cooperative Bank Limited in Vadodara, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ABHY0065201. 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 ABHY0065201.

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 Mandvi in Vadodara, 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 Mandvi, 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 Vadodara to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Abhyudaya Cooperative Bank Limited in Mandvi, Vadodara?

The IFSC Code is ABHY0065201.

Is the IFSC Code ABHY0065201 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Abhyudaya Cooperative Bank Limited Mandvi?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Mandvi branch?

The address of the branch is Shree Krishna Bhavan, Near Champaner Gate, 3259 Bank Road, Vadodara 390006, located in Vadodara, Vadodara, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.