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 Virar East branch in Thane, Thane, 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 ASBL0000057. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Apna Sahakari Bank Limited, Virar East, Thane
Below in the table are the key details related to IFSC Code ASBL0000057 of Apna Sahakari Bank Limited for its branch located in Thane, within the district of Thane in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Apna Sahakari Bank Limited |
| IFSC Code | ASBL0000057 |
| Branch | Virar East |
| City | Thane |
| District | Thane |
| State | Maharashtra |
| Address | Vidyasadan, Ground & First Floor, Manvelpada Road Virar East, Dist Thane 401303. |
These details help 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 ASBL0000057 for the Virar East branch of Apna Sahakari Bank Limited has a very 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 Virar East, Thane, Maharashtra, are allotted a unique IFSC like ASBL0000057 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 confusion between different branches of the same bank in places like Thane and Thane.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Apna Sahakari Bank Limited in Virar East reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ASBL0000057
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 Virar East in Thane.
For example, the IFSC Code ASBL0000057 of Apna Sahakari Bank Limited for the Virar East 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?
To find the IFSC Code ASBL0000057 of Apna Sahakari Bank Limited for its Virar East branch located in Thane, the following methods can help you out:
Cheque Book
The cheque book issued by Apna Sahakari Bank Limited includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Apna Sahakari Bank Limited branches in Thane and Thane, 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 go to the branch locator section. Then search for Virar East or Thane to find the exact IFSC Code ASBL0000057.
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 maintains an updated database of all IFSC codes. Searching for Apna Sahakari Bank Limited and Thane will provide accurate information.
How to Use IFSC Code ASBL0000057 for Online Transfers?
Once you have the IFSC Code ASBL0000057 for the Virar East branch of Apna Sahakari Bank Limited in Thane, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ASBL0000057. Transfers are processed in batches. This is suitable for 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 ASBL0000057.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Apna Sahakari Bank Limited Virar East in Thane may result in delayed or failed transactions.
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 Virar East, 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)
The IFSC Code is ASBL0000057.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Vidyasadan, Ground & First Floor, Manvelpada Road Virar East, Dist Thane 401303. located in Thane, Thane, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.