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 Mapusa branch in North Goa, Mapusa, Goa, 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 North Goa or anywhere in Goa can transfer funds instantly by using the correct IFSC Code ASBL0000054. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Apna Sahakari Bank Limited, Mapusa, North Goa
The table below shows the main details of the IFSC Code ASBL0000054 for the Apna Sahakari Bank Limited branch in North Goa, which falls under the Mapusa district in Goa.
| Particulars | Details |
|---|---|
| Bank | Apna Sahakari Bank Limited |
| IFSC Code | ASBL0000054 |
| Branch | Mapusa |
| City | North Goa |
| District | Mapusa |
| State | Goa |
| Address | Kandalkal Building,Angod, Near Jama Masjid, Chalta No 129 Of P T Sheet No 147, Mapusa, Goa 403507 |
These details helps users in online banking and for businesses and individuals who use Apna Sahakari Bank Limited in North Goa for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ASBL0000054 for the Mapusa 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, including Apna Sahakari Bank Limited located in Mapusa, North Goa, Goa, is provided with a unique IFSC like ASBL0000054 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Apna Sahakari Bank Limited branch in North Goa.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like North Goa and Mapusa.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Goa and the rest of India and the IFSC Code ensures that transactions meant for Apna Sahakari Bank Limited in Mapusa do not get mixed with another location.
Format of the IFSC Code ASBL0000054
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): Show the bank code. For Apna Sahakari Bank Limited, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mapusa in North Goa.
For example, the IFSC Code ASBL0000054 of Apna Sahakari Bank Limited for the Mapusa branch includes these elements, identifying the bank and the branch location in North Goa and Goa accurately.
How to Find IFSC Code for Apna Sahakari Bank Limited?
To find the IFSC Code ASBL0000054 of Apna Sahakari Bank Limited for its Mapusa branch located in North Goa, the following methods can help you out:
Cheque Book
The cheque book issued by Apna Sahakari Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Apna Sahakari Bank Limited branches in North Goa and Mapusa, 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 go to the branch locator section. Then search for Mapusa or North Goa to find the exact IFSC Code ASBL0000054.
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 maintains an updated database of all IFSC codes. Searching for Apna Sahakari Bank Limited and North Goa will provide accurate information.
How to Use IFSC Code ASBL0000054 for Online Transfers?
Once you have the IFSC Code ASBL0000054 for the Mapusa branch of Apna Sahakari Bank Limited in North Goa, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ASBL0000054. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Apna Sahakari Bank Limited IFSC Code ASBL0000054.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Apna Sahakari Bank Limited Mapusa in North Goa, it can 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 Mapusa, 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 North Goa manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ASBL0000054.
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 Kandalkal Building,Angod, Near Jama Masjid, Chalta No 129 Of P T Sheet No 147, Mapusa, Goa 403507 located in North Goa, Mapusa, Goa.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.