Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Apna Sahakari Bank Limited for its Satara branch in Satara, Satara, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Apna Sahakari Bank Limited located in Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ASBL0000082. You should definitely 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, Satara, Satara
Below in the table are the key details related to IFSC Code ASBL0000082 of Apna Sahakari Bank Limited for its branch located in Satara, within the district of Satara in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Apna Sahakari Bank Limited |
| IFSC Code | ASBL0000082 |
| Branch | Satara |
| City | Satara |
| District | Satara |
| State | Maharashtra |
| Address | Servey No 287/1 To 7/6, Plot No 3 Shop No. 4/5/6/7 8 And 9 Adarsh Corner Radhika Rd Karanje Satara 415001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Apna Sahakari Bank Limited in Satara for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ASBL0000082 for the Satara branch of Apna Sahakari Bank Limited has an 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 ASBL0000082 is given to every bank branch, including Apna Sahakari Bank Limited located in Satara, Satara, 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 Satara.
- 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 Satara and Satara.
- 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 Satara doesn't end up at another location.
Format of the IFSC Code ASBL0000082
The format of the IFSC Code for banks, including Apna Sahakari Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Apna Sahakari Bank Limited, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Satara in Satara.
For example, the IFSC Code ASBL0000082 of Apna Sahakari Bank Limited for the Satara branch includes these elements, identifying the bank and the branch location in Satara and Maharashtra accurately.
How to Find IFSC Code for Apna Sahakari Bank Limited?
If you are trying to find the IFSC Code ASBL0000082 of Apna Sahakari Bank Limited for its Satara branch located in Satara, 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 Satara and Satara, 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 Satara or Satara to get the exact IFSC Code ASBL0000082.
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 Satara, you'll get the correct details.
How to Use IFSC Code ASBL0000082 for Online Transfers?
Once you have the IFSC Code ASBL0000082 for the Satara branch of Apna Sahakari Bank Limited in Satara, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ASBL0000082. 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 ASBL0000082.
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 Satara in Satara, 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 Satara, 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 Satara manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ASBL0000082.
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 Servey No 287/1 To 7/6, Plot No 3 Shop No. 4/5/6/7 8 And 9 Adarsh Corner Radhika Rd Karanje Satara 415001 located in Satara, Satara, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.