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 Arvind Sahakari Bank Ltd for its Paratwada branch in Amravati, Amravati, 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 Arvind Sahakari Bank Ltd situated in Amravati or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ARBL0000011. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Arvind Sahakari Bank Ltd, Paratwada, Amravati
The table below shows the main details of the IFSC Code ARBL0000011 for the Arvind Sahakari Bank Ltd branch in Amravati, which falls under the Amravati district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Arvind Sahakari Bank Ltd |
| IFSC Code | ARBL0000011 |
| Branch | Paratwada |
| City | Amravati |
| District | Amravati |
| State | Maharashtra |
| Address | Mouza - Mohan Nagar,Amravati Road,Main Road,Paratwada,Tah-Achalpur,Dist-Amravati,Pin -444805 |
These details help users in online banking and for businesses and individuals who use Arvind Sahakari Bank Ltd in Amravati for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ARBL0000011 for the Paratwada branch of Arvind Sahakari Bank Ltd 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 Arvind Sahakari Bank Ltd located in Paratwada, Amravati, Maharashtra, are given a unique IFSC like ARBL0000011 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Amravati.
- 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 Amravati and Amravati.
- 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 Arvind Sahakari Bank Ltd in Paratwada goes to the correct branch. This is important because Arvind Sahakari Bank Ltd 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 ARBL0000011
The format of the IFSC Code for banks, including Arvind Sahakari Bank Ltd, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Arvind Sahakari Bank Ltd, 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 Paratwada in Amravati.
For example, the IFSC Code ARBL0000011 of Arvind Sahakari Bank Ltd for the Paratwada branch includes these elements, identifying the bank and the branch location in Amravati and Maharashtra correctly.
How to Find IFSC Code for Arvind Sahakari Bank Ltd?
If you are looking for the IFSC Code ARBL0000011 of Arvind Sahakari Bank Ltd for its Paratwada branch located in Amravati, the following methods can help:
Cheque Book
The cheque book that is issued by Arvind Sahakari Bank Ltd includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Arvind Sahakari Bank Ltd branches in Amravati and Amravati, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Arvind Sahakari Bank Ltd and look for the branch locator section, then search for Paratwada or Amravati to get the exact IFSC Code ARBL0000011.
Mobile Banking App
If you use Arvind Sahakari Bank Ltd's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Arvind Sahakari Bank Ltd and Amravati, then it will provide you proper information.
How to Use IFSC Code ARBL0000011 for Online Transfers?
Once you have the IFSC Code ARBL0000011 for the Paratwada branch of Arvind Sahakari Bank Ltd in Amravati, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ARBL0000011. 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 Arvind Sahakari Bank Ltd IFSC Code ARBL0000011.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Arvind Sahakari Bank Ltd Paratwada in Amravati, 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 Arvind Sahakari Bank Ltd in Paratwada, 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 Arvind Sahakari Bank Ltd website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Amravati manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ARBL0000011.
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 Mouza - Mohan Nagar,Amravati Road,Main Road,Paratwada,Tah-Achalpur,Dist-Amravati,Pin -444805 located in Amravati, Amravati, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.