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 Ahmednagar District Central Co-Operative Bank Ltd for its Savalvihir branch in Ahmednagar, Savalvihir, 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 The Ahmednagar District Central Co-Operative Bank Ltd located in Ahmednagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code AHDC0000160. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for The Ahmednagar District Central Co-Operative Bank Ltd, Savalvihir, Ahmednagar

Here are the main details that are associated with the IFSC Code AHDC0000160 of The Ahmednagar District Central Co-Operative Bank Ltd for its branch located in Ahmednagar, within the district of Savalvihir in the state of Maharashtra.

Particulars Details
Bank The Ahmednagar District Central Co-Operative Bank Ltd
IFSC Code AHDC0000160
Branch Savalvihir
City Ahmednagar
District Savalvihir
State Maharashtra
Address Post Savalvihar Tal Rahata 423103

These details help users in online banking and for businesses and individuals who use The Ahmednagar District Central Co-Operative Bank Ltd in Ahmednagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code AHDC0000160 for the Savalvihir branch of The Ahmednagar District Central Co-Operative Bank Ltd has a very 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 The Ahmednagar District Central Co-Operative Bank Ltd located in Savalvihir, Ahmednagar, Maharashtra, is provided a unique IFSC like AHDC0000160 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the The Ahmednagar District Central Co-Operative Bank Ltd branch in Ahmednagar.
  • 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 Ahmednagar and Savalvihir.
  • 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 The Ahmednagar District Central Co-Operative Bank Ltd in Savalvihir do not get misguided to another person.

Format of the IFSC Code AHDC0000160

This is the format of the IFSC Code for banks, including The Ahmednagar District Central Co-Operative Bank Ltd, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For The Ahmednagar District Central Co-Operative Bank Ltd, 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 Savalvihir in Ahmednagar.

For example, the IFSC Code AHDC0000160 of The Ahmednagar District Central Co-Operative Bank Ltd for the Savalvihir branch includes these elements, identifying the bank and the branch location in Ahmednagar and Maharashtra accurately.

How to Find IFSC Code for The Ahmednagar District Central Co-Operative Bank Ltd?

If you are trying to find the IFSC Code AHDC0000160 of The Ahmednagar District Central Co-Operative Bank Ltd for its Savalvihir branch located in Ahmednagar, the following methods can help:

Cheque Book

The cheque book issued by The Ahmednagar District Central Co-Operative Bank Ltd 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 The Ahmednagar District Central Co-Operative Bank Ltd branches in Ahmednagar and Savalvihir, print them on the first page of your passbook.

Bank Website

Visit the official website of The Ahmednagar District Central Co-Operative Bank Ltd and navigate to the branch locator section. Search for Savalvihir or Ahmednagar to get the exact IFSC Code AHDC0000160.

Mobile Banking App

If you use The Ahmednagar District Central Co-Operative Bank Ltd'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 The Ahmednagar District Central Co-Operative Bank Ltd and Ahmednagar, you'll get the correct details.

How to Use IFSC Code AHDC0000160 for Online Transfers?

Once you have the IFSC Code AHDC0000160 for the Savalvihir branch of The Ahmednagar District Central Co-Operative Bank Ltd in Ahmednagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code AHDC0000160. 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 The Ahmednagar District Central Co-Operative Bank Ltd IFSC Code AHDC0000160.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Ahmednagar District Central Co-Operative Bank Ltd Savalvihir in Ahmednagar, 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 The Ahmednagar District Central Co-Operative Bank Ltd in Savalvihir, 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 The Ahmednagar District Central Co-Operative Bank Ltd website.
  • Search the RBI portal.

Knowing both IFSC and MICR code can help account holders in Ahmednagar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Ahmednagar District Central Co-Operative Bank Ltd in Savalvihir, Ahmednagar?

The IFSC Code is AHDC0000160.

Is the IFSC Code AHDC0000160 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 Ahmednagar District Central Co-Operative Bank Ltd Savalvihir?

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 Savalvihir branch?

The address of the branch is Post Savalvihar Tal Rahata 423103 located in Ahmednagar, Savalvihir, 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.