For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Apna Sahakari Bank Limited for its Kamothe branch in Raigad, Kamothe, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Apna Sahakari Bank Limited located in Raigad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ASBL0000046. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Apna Sahakari Bank Limited, Kamothe, Raigad

The table below shows the main details of the IFSC Code ASBL0000046 for the Apna Sahakari Bank Limited branch in Raigad, which falls under the Kamothe district in Maharashtra.

Particulars Details
Bank Apna Sahakari Bank Limited
IFSC Code ASBL0000046
Branch Kamothe
City Raigad
District Kamothe
State Maharashtra
Address Shop No 4,5,6, Pratapgadh Chs, Plot No.37, Sector No.34 Mansarovar, Kamothe, Navi Mumbai 410209

These details helps users in online banking and for businesses and individuals who use Apna Sahakari Bank Limited in Raigad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ASBL0000046 for the Kamothe 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 Kamothe, Raigad, Maharashtra, is provided with a unique IFSC like ASBL0000046 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 Raigad.
  • 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 Raigad and Kamothe.
  • 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 Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Apna Sahakari Bank Limited in Kamothe do not get mixed with another location.

Format of the IFSC Code ASBL0000046

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 Kamothe in Raigad.

For example, the IFSC Code ASBL0000046 of Apna Sahakari Bank Limited for the Kamothe branch includes these elements, identifying the bank and the branch location in Raigad and Maharashtra accurately.

How to Find IFSC Code for Apna Sahakari Bank Limited?

If you are trying to find the IFSC Code ASBL0000046 of Apna Sahakari Bank Limited for its Kamothe branch located in Raigad, 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 Raigad and Kamothe, 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 Kamothe or Raigad to get the exact IFSC Code ASBL0000046.

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 Raigad, you'll get the correct details.

How to Use IFSC Code ASBL0000046 for Online Transfers?

Once you have the IFSC Code ASBL0000046 for the Kamothe branch of Apna Sahakari Bank Limited in Raigad, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ASBL0000046. 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 ASBL0000046.

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 Kamothe in Raigad may 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 Kamothe, 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 Raigad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Apna Sahakari Bank Limited in Kamothe, Raigad?

The IFSC Code is ASBL0000046.

Is the IFSC Code ASBL0000046 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Kamothe branch?

The address of the branch is Shop No 4,5,6, Pratapgadh Chs, Plot No.37, Sector No.34 Mansarovar, Kamothe, Navi Mumbai 410209 located in Raigad, Kamothe, 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.