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 Ghatkopar 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 ASBL0000019. 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, Ghatkopar, Greater Bombay
The table below shows the main details of the IFSC Code ASBL0000019 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 | ASBL0000019 |
| Branch | Ghatkopar |
| City | Greater Bombay |
| District | Mumbai |
| State | Maharashtra |
| Address | Shivaji Shikshan Sanstha, New Bldg., Gr. Floor, Dr.Ankush Gawde Marg, Pant Nagar, Ghatkopar (E), Mumbai 400077 |
These details are important not only for users using online banking but also for businesses and individuals who use Apna Sahakari Bank Limited in Greater Bombay for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ASBL0000019 for the Ghatkopar branch of Apna Sahakari Bank Limited is vital.
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 Apna Sahakari Bank Limited located in Ghatkopar, Greater Bombay, Maharashtra, is provided a unique IFSC like ASBL0000019 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Apna Sahakari Bank Limited branch in Greater Bombay.
- 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 Greater Bombay and Mumbai.
- 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 Apna Sahakari Bank Limited in Ghatkopar do not get misguided to another person.
Format of the IFSC Code ASBL0000019
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 Ghatkopar in Greater Bombay.
For example, the IFSC Code ASBL0000019 of Apna Sahakari Bank Limited for the Ghatkopar 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 ASBL0000019 of Apna Sahakari Bank Limited for its Ghatkopar branch located in Greater Bombay, the following methods can help:
Cheque Book
The cheque book issued by Apna Sahakari Bank Limited includes the IFSC Code printed on each cheque leaf which you can easily spot 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 your passbook.
Bank Website
Visit the official website of Apna Sahakari Bank Limited and navigate to the branch locator section. Search for Ghatkopar or Greater Bombay to get the exact IFSC Code ASBL0000019.
Mobile Banking App
If you use Apna Sahakari Bank Limited'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 Apna Sahakari Bank Limited and Greater Bombay, you'll get the correct details.
How to Use IFSC Code ASBL0000019 for Online Transfers?
Once you have the IFSC Code ASBL0000019 for the Ghatkopar 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 ASBL0000019. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 ASBL0000019.
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 Ghatkopar in Greater Bombay, your payment can get delayed or might not go through at all.
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 Ghatkopar, 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 of the Ghatkopar Greater Bombay branch is ASBL0000019.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Shivaji Shikshan Sanstha, New Bldg., Gr. Floor, Dr.Ankush Gawde Marg, Pant Nagar, Ghatkopar (E), Mumbai 400077.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.