There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Apna Sahakari Bank Limited for its Dharavi branch in Greater Bombay, Mumbai, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Apna Sahakari Bank Limited situated in Greater Bombay or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ASBL0000026. You should 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, Dharavi, Greater Bombay

The table below shows the main details of the IFSC Code ASBL0000026 for the Apna Sahakari Bank Limited branch in Greater Bombay, which falls under the Mumbai district in Maharashtra.

Particulars Details
Bank Apna Sahakari Bank Limited
IFSC Code ASBL0000026
Branch Dharavi
City Greater Bombay
District Mumbai
State Maharashtra
Address 1St Floor, Kamraj Chs, 90 Feet Road, Dharavi, Mumbai 400017

These details help 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 ASBL0000026 for the Dharavi branch of Apna Sahakari Bank Limited has a very 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 ASBL0000026 is given to every bank branch, including Apna Sahakari Bank Limited located in Dharavi, 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 Dharavi doesn't end up at another location.

Format of the IFSC Code ASBL0000026

The format of the IFSC Code for banks, including Apna Sahakari Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In Apna Sahakari Bank Limited, 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 Dharavi in Greater Bombay.

For example, the IFSC Code ASBL0000026 of Apna Sahakari Bank Limited for the Dharavi branch has these elements, identifying the bank and the branch location in Greater Bombay and Maharashtra correctly.

How to Find IFSC Code for Apna Sahakari Bank Limited?

If you are trying to find the IFSC Code ASBL0000026 of Apna Sahakari Bank Limited for its Dharavi branch located in Greater Bombay, the following methods can help:

Cheque Book

The cheque books that are issued by Apna Sahakari Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most 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

Visit the official website of Apna Sahakari Bank Limited and find the branch locator section. Search for Dharavi or Greater Bombay to get the exact IFSC Code ASBL0000026.

Mobile Banking App

If you use Apna Sahakari Bank Limited's mobile app, you can easily 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 to help you in searching for Apna Sahakari Bank Limited and Greater Bombay that will provide accurate information.

How to Use IFSC Code ASBL0000026 for Online Transfers?

Once you have the IFSC Code ASBL0000026 for the Dharavi branch of Apna Sahakari Bank Limited in Greater Bombay, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ASBL0000026. The transfer is completed in batches instead of instantly. It is useful for both 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 ASBL0000026.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Apna Sahakari Bank Limited Dharavi in Greater Bombay, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Apna Sahakari Bank Limited in Dharavi, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Apna Sahakari Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Greater Bombay manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Apna Sahakari Bank Limited in Dharavi, Greater Bombay?

The IFSC Code is ASBL0000026.

Is the IFSC Code ASBL0000026 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Apna Sahakari Bank Limited Dharavi?

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

What is the full address of the Dharavi branch?

The address of the branch is 1St Floor, Kamraj Chs, 90 Feet Road, Dharavi, Mumbai 400017 located in Greater Bombay, Mumbai, Maharashtra.

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.

Nearby APNA SAHAKARI BANK LIMITED Branches

Back to Top