There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Apna Sahakari Bank Limited for its Vangani branch in Thane, Vangani, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Apna Sahakari Bank Limited situated in Thane or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ASBL0000072. You should 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, Vangani, Thane
Here are the main details that are associated with the IFSC Code ASBL0000072 of Apna Sahakari Bank Limited for its branch located in Thane, within the district of Vangani in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Apna Sahakari Bank Limited |
| IFSC Code | ASBL0000072 |
| Branch | Vangani |
| City | Thane |
| District | Vangani |
| State | Maharashtra |
| Address | Plot No 2 Survey No 17B, Gutno. 126, Station Road, Vangni East Dist Thane 421503 |
These details are essential not only for online banking users but also for businesses and individuals who use Apna Sahakari Bank Limited in Thane for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ASBL0000072 for the Vangani 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 Vangani, Thane, Maharashtra, are given a unique IFSC like ASBL0000072 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 Vangani.
- 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 Vangani 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 ASBL0000072
This is the format of the IFSC Code for banks, including Apna Sahakari Bank Limited, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Apna Sahakari Bank Limited, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Vangani in Thane.
For example, the IFSC Code ASBL0000072 of Apna Sahakari Bank Limited for the Vangani 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 ASBL0000072 of Apna Sahakari Bank Limited for its Vangani 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 Vangani, 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 Vangani or Thane to get the exact IFSC Code ASBL0000072.
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 ASBL0000072 for Online Transfers?
Once you have the IFSC Code ASBL0000072 for the Vangani 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 ASBL0000072. 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 ASBL0000072.
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 Vangani 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 are very different from IFSC codes. If you are looking for the MICR code of Apna Sahakari Bank Limited in Vangani, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Thane manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ASBL0000072.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No 2 Survey No 17B, Gutno. 126, Station Road, Vangni East Dist Thane 421503 located in Thane, Vangani, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.