Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Apna Sahakari Bank Limited for its Bhandup branch in Greater Bombay, Mumbai, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Apna Sahakari Bank Limited located in Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ASBL0000013. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Apna Sahakari Bank Limited, Bhandup, Greater Bombay
Here are the key points that are associated with the IFSC Code ASBL0000013 of Apna Sahakari Bank Limited for its branch located in Greater Bombay, within the district of Mumbai in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Apna Sahakari Bank Limited |
| IFSC Code | ASBL0000013 |
| Branch | Bhandup |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Shiv Sagar Complex, Ashok Kadare Chowk, Tembhi Pada Road, Bhandup (W), Mumbai 400078 |
These details helps users in online banking and for businesses and individuals who use Apna Sahakari Bank Limited in Greater Bombay for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ASBL0000013 for the Bhandup branch of Apna Sahakari Bank Limited plays a vital 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 Apna Sahakari Bank Limited located in Bhandup, Greater Bombay, Maharashtra, are given a unique IFSC like ASBL0000013 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Greater Bombay.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Greater Bombay and 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 helps ensure that any money sent to Apna Sahakari Bank Limited in Bhandup goes to the correct branch. This is important because Apna Sahakari Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ASBL0000013
This is the format of the IFSC Code for banks, including Apna Sahakari Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Apna Sahakari 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 Bhandup in Greater Bombay.
For example, the IFSC Code ASBL0000013 of Apna Sahakari Bank Limited for the Bhandup branch includes these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra accurately.
How to Find IFSC Code for Apna Sahakari Bank Limited?
If you are looking for the IFSC Code ASBL0000013 of Apna Sahakari Bank Limited for its Bhandup branch located in Greater Bombay, the following methods can help:
Cheque Book
The cheque book that is issued by Apna Sahakari 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 Apna Sahakari Bank Limited branches in Greater Bombay and Mumbai, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Apna Sahakari Bank Limited and look for the branch locator section, then search for Bhandup or Greater Bombay to get the exact IFSC Code ASBL0000013.
Mobile Banking App
If you use Apna Sahakari 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 Apna Sahakari Bank Limited and Greater Bombay, then it will provide you proper information.
How to Use IFSC Code ASBL0000013 for Online Transfers?
Once you have the IFSC Code ASBL0000013 for the Bhandup branch of Apna Sahakari Bank Limited in Greater Bombay, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ASBL0000013. 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 Apna Sahakari Bank Limited IFSC Code ASBL0000013.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Apna Sahakari Bank Limited Bhandup in Greater Bombay may 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 Apna Sahakari Bank Limited in Bhandup, 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 Apna Sahakari Bank Limited website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Greater Bombay manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ASBL0000013.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shiv Sagar Complex, Ashok Kadare Chowk, Tembhi Pada Road, Bhandup (W), Mumbai 400078 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.