IFSC Code of Akola Janata Commercial Cooperative Bank, Chandur Rly, Amravati, Maharashtra- AKJB0000029

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 Akola Janata Commercial Cooperative Bank for its Chandur Rly branch in Chandur Rly, Amravati, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Akola Janata Commercial Cooperative Bank located in Chandur Rly or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code AKJB0000029. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Akola Janata Commercial Cooperative Bank, Chandur Rly, Chandur Rly

Below in the table are the key details related to IFSC Code AKJB0000029 of Akola Janata Commercial Cooperative Bank for its branch located in Chandur Rly, within the district of Amravati in the state of Maharashtra.

These details helps users in online banking and for businesses and individuals who use Akola Janata Commercial Cooperative Bank in Chandur Rly for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code AKJB0000029 for the Chandur Rly branch of Akola Janata Commercial Cooperative Bank plays a vital 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 Akola Janata Commercial Cooperative Bank located in Chandur Rly, Chandur Rly, Maharashtra, is provided a unique IFSC like AKJB0000029 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Akola Janata Commercial Cooperative Bank branch in Chandur Rly.
• 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 Chandur Rly and Amravati.
• 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Akola Janata Commercial Cooperative Bank in Chandur Rly do not get misguided to another person.

Format of the IFSC Code AKJB0000029

The format of the IFSC Code for banks, including Akola Janata Commercial Cooperative Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In Akola Janata Commercial Cooperative Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Chandur Rly in Chandur Rly.

For example, the IFSC Code AKJB0000029 of Akola Janata Commercial Cooperative Bank for the Chandur Rly branch has these elements, identifying the bank and the branch location in Chandur Rly and Maharashtra correctly.

How to Find IFSC Code for Akola Janata Commercial Cooperative Bank?

If you are trying to find the IFSC Code AKJB0000029 of Akola Janata Commercial Cooperative Bank for its Chandur Rly branch located in Chandur Rly, the following methods can help:

Cheque Book

The cheque book issued by Akola Janata Commercial Cooperative Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

You can easily find the IFSC and MICR codes because most banks, including Akola Janata Commercial Cooperative Bank branches in Chandur Rly and Amravati, print them on the first page of your passbook.

Bank Website

Visit the official website of Akola Janata Commercial Cooperative Bank and navigate to the branch locator section. Search for Chandur Rly or Chandur Rly to get the exact IFSC Code AKJB0000029.

Mobile Banking App

If you use Akola Janata Commercial Cooperative Bank's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Akola Janata Commercial Cooperative Bank and Chandur Rly, you'll get the correct details.

How to Use IFSC Code AKJB0000029 for Online Transfers?

Once you have the IFSC Code AKJB0000029 for the Chandur Rly branch of Akola Janata Commercial Cooperative Bank in Chandur Rly, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code AKJB0000029. 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 Akola Janata Commercial Cooperative Bank IFSC Code AKJB0000029.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Akola Janata Commercial Cooperative Bank Chandur Rly in Chandur Rly, it can 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 Akola Janata Commercial Cooperative Bank in Chandur Rly, 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 Akola Janata Commercial Cooperative Bank website.
• Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Chandur Rly manage their online transfers and cheque clearances easily.