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 Apna Sahakari Bank Limited for its Charkop branch in Greater Bombay, 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 Apna Sahakari Bank Limited located in Greater Bombay or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ASBL0000012. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Apna Sahakari Bank Limited, Charkop, Greater Bombay
Below in the table are the key details related to IFSC Code ASBL0000012 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 | ASBL0000012 |
| Branch | Charkop |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Sector-5, Apna Bazar Bldg., Dr. Ambedkar Road, Charkop, Kandivali (W), Mumbai 400067 |
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 ASBL0000012 for the Charkop 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 that is provided by the Reserve Bank of India. A unique IFSC like ASBL0000012 is given to every bank branch, including Apna Sahakari Bank Limited located in Charkop, Greater Bombay, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Apna Sahakari Bank Limited branch in Greater Bombay.
- 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 Greater Bombay and Mumbai.
- 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 Apna Sahakari Bank Limited in Charkop doesn't end up at another location.
Format of the IFSC Code ASBL0000012
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 Charkop in Greater Bombay.
For example, the IFSC Code ASBL0000012 of Apna Sahakari Bank Limited for the Charkop 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 ASBL0000012 of Apna Sahakari Bank Limited for its Charkop 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 Charkop or Greater Bombay to get the exact IFSC Code ASBL0000012.
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 ASBL0000012 for Online Transfers?
Once you have the IFSC Code ASBL0000012 for the Charkop 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 ASBL0000012. 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 ASBL0000012.
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 Charkop in Greater Bombay 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 Apna Sahakari Bank Limited in Charkop, 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 Apna Sahakari Bank Limited website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Greater Bombay manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ASBL0000012.
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 Sector-5, Apna Bazar Bldg., Dr. Ambedkar Road, Charkop, Kandivali (W), Mumbai 400067 located in Greater Bombay, Mumbai, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.