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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Apna Sahakari Bank Limited for its Shilphata branch in Thane, Shilphata, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Apna Sahakari Bank Limited located in Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ASBL0000075. 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, Shilphata, Thane

The table below shows the main details of the IFSC Code ASBL0000075 for the Apna Sahakari Bank Limited branch in Thane, which falls under the Shilphata district in Maharashtra.

Particulars Details
Bank Apna Sahakari Bank Limited
IFSC Code ASBL0000075
Branch Shilphata
City Thane
District Shilphata
State Maharashtra
Address 1/8, House No 17 Choudhari House, Katai Kalyan Shilphata Road, Dist. Thane

These details are crucial, not just for online banking users but also for businesses and individuals who use Apna Sahakari Bank Limited in Thane for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ASBL0000075 for the Shilphata 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Apna Sahakari Bank Limited located in Shilphata, Thane, Maharashtra, is provided a unique IFSC like ASBL0000075 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Apna Sahakari Bank Limited branch in Thane.
  • Helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any confusions between multiple branches of the same bank across different places like Thane and Shilphata.
  • It reduces most of the errors in fund transfers and makes sure its accuracy.
  • It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Apna Sahakari Bank Limited in Shilphata do not get misguided to another person.

Format of the IFSC Code ASBL0000075

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 Shilphata in Thane.

For example, the IFSC Code ASBL0000075 of Apna Sahakari Bank Limited for the Shilphata branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

How to Find IFSC Code for Apna Sahakari Bank Limited?

If you are trying to find the IFSC Code ASBL0000075 of Apna Sahakari Bank Limited for its Shilphata branch located in Thane, 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 Thane and Shilphata, 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 Shilphata or Thane to get the exact IFSC Code ASBL0000075.

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 Thane, you'll get the correct details.

How to Use IFSC Code ASBL0000075 for Online Transfers?

Once you have the IFSC Code ASBL0000075 for the Shilphata 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 ASBL0000075. 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 ASBL0000075.

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 Shilphata in Thane, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Apna Sahakari Bank Limited in Shilphata, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Apna Sahakari Bank Limited website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Thane 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 Shilphata, Thane?

The IFSC Code is ASBL0000075.

Is the IFSC Code ASBL0000075 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 Shilphata?

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 Shilphata branch?

The address of the branch is 1/8, House No 17 Choudhari House, Katai Kalyan Shilphata Road, Dist. Thane located in Thane, Shilphata, 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.