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 Kankavli branch in Sindhudurg, Kankavli, Maharashtra, 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 Sindhudurg or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ASBL0000045. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Apna Sahakari Bank Limited, Kankavli, Sindhudurg

Here are the key points that are associated with the IFSC Code ASBL0000045 of Apna Sahakari Bank Limited for its branch located in Sindhudurg, within the district of Kankavli in the state of Maharashtra.

Particulars Details
Bank Apna Sahakari Bank Limited
IFSC Code ASBL0000045
Branch Kankavli
City Sindhudurg
District Kankavli
State Maharashtra
Address Shop No.A5,Gr.Floor,Bandal Complex, Opp. Prant Office, Mumbai-Goa Highway, Kankavli, Dist. Sindhurga

These details are essential not only for online banking users but also for businesses and individuals who use Apna Sahakari Bank Limited in Sindhudurg for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ASBL0000045 for the Kankavli branch of Apna Sahakari Bank Limited plays an important 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, along with Apna Sahakari Bank Limited located in Kankavli, Sindhudurg, Maharashtra, are given a unique IFSC like ASBL0000045 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Sindhudurg.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Sindhudurg and Kankavli.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Apna Sahakari Bank Limited in Kankavli goes to the correct branch. This is important because Apna Sahakari Bank Limited has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ASBL0000045

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 Kankavli in Sindhudurg.

For example, the IFSC Code ASBL0000045 of Apna Sahakari Bank Limited for the Kankavli branch has these elements, identifying the bank and the branch location in Sindhudurg and Maharashtra correctly.

How to Find IFSC Code for Apna Sahakari Bank Limited?

If you are trying to find the IFSC Code ASBL0000045 of Apna Sahakari Bank Limited for its Kankavli branch located in Sindhudurg, 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 Sindhudurg and Kankavli, 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 Kankavli or Sindhudurg to get the exact IFSC Code ASBL0000045.

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 Sindhudurg, you'll get the correct details.

How to Use IFSC Code ASBL0000045 for Online Transfers?

Once you have the IFSC Code ASBL0000045 for the Kankavli branch of Apna Sahakari Bank Limited in Sindhudurg, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ASBL0000045. 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 ASBL0000045.

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 Kankavli in Sindhudurg, 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 Kankavli, 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 Sindhudurg manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Apna Sahakari Bank Limited in Kankavli, Sindhudurg?

The IFSC Code is ASBL0000045.

Is the IFSC Code ASBL0000045 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Kankavli branch?

The address of the branch is Shop No.A5,Gr.Floor,Bandal Complex, Opp. Prant Office, Mumbai-Goa Highway, Kankavli, Dist. Sindhurga located in Sindhudurg, Kankavli, 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.