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 Bhayander branch in Thane, Bhayander, 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 Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ASBL0000052. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Apna Sahakari Bank Limited, Bhayander, Thane
The table below shows the main details of the IFSC Code ASBL0000052 for the Apna Sahakari Bank Limited branch in Thane, which falls under the Bhayander district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Apna Sahakari Bank Limited |
| IFSC Code | ASBL0000052 |
| Branch | Bhayander |
| City | Thane |
| District | Bhayander |
| State | Maharashtra |
| Address | Ritu Horizon, Ground Floor, Commercial Wing, 100 Wide, Kanakia Road, Near Ankur Building, Bhayander Kashimira Cross Road, Bhayander East, Dist Thane 401107 |
These details helps users in online banking and for businesses and individuals who use Apna Sahakari Bank Limited in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ASBL0000052 for the Bhayander 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, along with Apna Sahakari Bank Limited located in Bhayander, Thane, Maharashtra, are given a unique IFSC like ASBL0000052 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Thane.
- 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 Thane and Bhayander.
- 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 Bhayander 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 ASBL0000052
The format of the IFSC Code for banks, including Apna Sahakari Bank Limited, has 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 Bhayander in Thane.
For example, the IFSC Code ASBL0000052 of Apna Sahakari Bank Limited for the Bhayander branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.
How to Find IFSC Code for Apna Sahakari Bank Limited?
If you are trying to find the IFSC Code ASBL0000052 of Apna Sahakari Bank Limited for its Bhayander branch located in Thane, the following methods can help:
Cheque Book
The cheque books that are issued by Apna Sahakari Bank Limited include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Apna Sahakari Bank Limited branches in Thane and Bhayander, 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 find the branch locator section. Search for Bhayander or Thane to get the exact IFSC Code ASBL0000052.
Mobile Banking App
If you use Apna Sahakari Bank Limited's mobile app, you can easily 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 to help you in searching for Apna Sahakari Bank Limited and Thane that will provide accurate information.
How to Use IFSC Code ASBL0000052 for Online Transfers?
Once you have the IFSC Code ASBL0000052 for the Bhayander branch of Apna Sahakari Bank Limited in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ASBL0000052. 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 ASBL0000052.
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 Bhayander in Thane, 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 Bhayander, 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 Thane to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ASBL0000052.
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 Ritu Horizon, Ground Floor, Commercial Wing, 100 Wide, Kanakia Road, Near Ankur Building, Bhayander Kashimira Cross Road, Bhayander East, Dist Thane 401107 located in Thane, Bhayander, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.