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 The Adarsh Cooperative Urban Bank Limited for its Parigi branch in Vikarabad, Parigi, Telangana, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of The Adarsh Cooperative Urban Bank Limited located in Vikarabad or anywhere in Telangana can transfer funds instantly by using the correct IFSC Code ADBK0001017. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for The Adarsh Cooperative Urban Bank Limited, Parigi, Vikarabad

Here are some of the key details that come with the IFSC Code ADBK0001017 of The Adarsh Cooperative Urban Bank Limited for its branch located in Vikarabad, within the district of Parigi in the state of Telangana.

Particulars Details
Bank The Adarsh Cooperative Urban Bank Limited
IFSC Code ADBK0001017
Branch Parigi
City Vikarabad
District Parigi
State Telangana
Address O 4-265 To 4-268,Shop O 1& 2 In First Floor And Shop O4 In Ground Floor,Beside Rtc Depot,Parigi,Parigi Municipality,Vikarabad District,Telangana 501 101

These details helps users in online banking and for businesses and individuals who use The Adarsh Cooperative Urban Bank Limited in Vikarabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADBK0001017 for the Parigi branch of The Adarsh Cooperative Urban 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 The Adarsh Cooperative Urban Bank Limited located in Parigi, Vikarabad, Telangana, are allotted a unique IFSC like ADBK0001017 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Vikarabad.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Vikarabad and Parigi.
  • 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 The Adarsh Cooperative Urban Bank Limited in Parigi reaches the right place, even though there are thousands of branches in Telangana and across India.

Format of the IFSC Code ADBK0001017

This is the format of the IFSC Code for banks, including The Adarsh Cooperative Urban Bank Limited, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For The Adarsh Cooperative Urban 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 Parigi in Vikarabad.

For example, the IFSC Code ADBK0001017 of The Adarsh Cooperative Urban Bank Limited for the Parigi branch includes these elements, identifying the bank and the branch location in Vikarabad and Telangana accurately.

How to Find IFSC Code for The Adarsh Cooperative Urban Bank Limited?

If you are looking for the IFSC Code ADBK0001017 of The Adarsh Cooperative Urban Bank Limited for its Parigi branch located in Vikarabad, the following methods can help:

Cheque Book

The cheque book that is issued by The Adarsh Cooperative Urban Bank Limited 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 The Adarsh Cooperative Urban Bank Limited branches in Vikarabad and Parigi, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of The Adarsh Cooperative Urban Bank Limited and look for the branch locator section, then search for Parigi or Vikarabad to get the exact IFSC Code ADBK0001017.

Mobile Banking App

If you use The Adarsh Cooperative Urban Bank Limited'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 The Adarsh Cooperative Urban Bank Limited and Vikarabad, then it will provide you proper information.

How to Use IFSC Code ADBK0001017 for Online Transfers?

Once you have the IFSC Code ADBK0001017 for the Parigi branch of The Adarsh Cooperative Urban Bank Limited in Vikarabad, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ADBK0001017. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 The Adarsh Cooperative Urban Bank Limited IFSC Code ADBK0001017.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Adarsh Cooperative Urban Bank Limited Parigi in Vikarabad, 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 The Adarsh Cooperative Urban Bank Limited in Parigi, 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 The Adarsh Cooperative Urban Bank Limited website.
  • Search the RBI portal.

Having both the IFSC and MICR codes makes it easy for account holders in Vikarabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Adarsh Cooperative Urban Bank Limited in Parigi, Vikarabad?

The IFSC Code is ADBK0001017.

Is the IFSC Code ADBK0001017 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 The Adarsh Cooperative Urban Bank Limited Parigi?

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 Parigi branch?

The address of the branch is O 4-265 To 4-268,Shop O 1& 2 In First Floor And Shop O4 In Ground Floor,Beside Rtc Depot,Parigi,Parigi Municipality,Vikarabad District,Telangana 501 101 located in Vikarabad, Parigi, Telangana.

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.