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 Ulwe branch in Navi Mumbai, Ulwe, 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 Navi Mumbai or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ASBL0000073. 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, Ulwe, Navi Mumbai
Here are some of the key details that come with the IFSC Code ASBL0000073 of Apna Sahakari Bank Limited for its branch located in Navi Mumbai, within the district of Ulwe in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Apna Sahakari Bank Limited |
| IFSC Code | ASBL0000073 |
| Branch | Ulwe |
| City | Navi Mumbai |
| District | Ulwe |
| State | Maharashtra |
| Address | Shop No 10,11,12 Om Sai Shrushti Building Plot No 31 Sector 17 Ulwe Navi Mumbai 410206 |
These details help users in online banking and for businesses and individuals who use Apna Sahakari Bank Limited in Navi Mumbai for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ASBL0000073 for the Ulwe 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 ASBL0000073 is given to every bank branch, including Apna Sahakari Bank Limited located in Ulwe, Navi Mumbai, 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 Navi Mumbai.
- 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 Navi Mumbai and Ulwe.
- 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 Ulwe doesn't end up at another location.
Format of the IFSC Code ASBL0000073
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 Ulwe in Navi Mumbai.
For example, the IFSC Code ASBL0000073 of Apna Sahakari Bank Limited for the Ulwe branch has these elements, identifying the bank and the branch location in Navi Mumbai and Maharashtra correctly.
How to Find IFSC Code for Apna Sahakari Bank Limited?
If you are trying to find the IFSC Code ASBL0000073 of Apna Sahakari Bank Limited for its Ulwe branch located in Navi Mumbai, 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
You can easily find the IFSC and MICR codes because most banks, including Apna Sahakari Bank Limited branches in Navi Mumbai and Ulwe, print them 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 Ulwe or Navi Mumbai to get the exact IFSC Code ASBL0000073.
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 Navi Mumbai, you'll get the correct details.
How to Use IFSC Code ASBL0000073 for Online Transfers?
Once you have the IFSC Code ASBL0000073 for the Ulwe branch of Apna Sahakari Bank Limited in Navi Mumbai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ASBL0000073. 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 ASBL0000073.
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 Ulwe in Navi Mumbai, 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 Ulwe, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Navi Mumbai to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ASBL0000073.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Shop No 10,11,12 Om Sai Shrushti Building Plot No 31 Sector 17 Ulwe Navi Mumbai 410206 located in Navi Mumbai, Ulwe, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.