The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of The Ahmednagar District Central Co-Operative Bank Ltd for its Shevgaon branch in Ahmednagar, Shevgaon, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed 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 AHDC0000163. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Ahmednagar District Central Co-Operative Bank Ltd, Shevgaon, Ahmednagar
Below in the table are the key details related to IFSC Code AHDC0000163 of The Ahmednagar District Central Co-Operative Bank Ltd for its branch located in Ahmednagar, within the district of Shevgaon in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Ahmednagar District Central Co-Operative Bank Ltd |
| IFSC Code | AHDC0000163 |
| Branch | Shevgaon |
| City | Ahmednagar |
| District | Shevgaon |
| State | Maharashtra |
| Address | Post Shevgaon Tal Shevgaon 414502 |
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 AHDC0000163 for the Shevgaon 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, 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 Shevgaon, Ahmednagar, Maharashtra, is provided with a unique IFSC like AHDC0000163 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the The Ahmednagar District Central Co-Operative Bank Ltd branch in Ahmednagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Ahmednagar and Shevgaon.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Ahmednagar District Central Co-Operative Bank Ltd in Shevgaon do not get mixed with another location.
Format of the IFSC Code AHDC0000163
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 breakdown:
- First 4 characters (AAAA): Show the bank code. For The Ahmednagar District Central Co-Operative 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 Shevgaon in Ahmednagar.
For example, the IFSC Code AHDC0000163 of The Ahmednagar District Central Co-Operative Bank Ltd for the Shevgaon 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 AHDC0000163 of The Ahmednagar District Central Co-Operative Bank Ltd for its Shevgaon branch located in Ahmednagar, the following methods can help:
Cheque Book
The cheque books that are issued by The Ahmednagar District Central Co-Operative Bank Ltd include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including The Ahmednagar District Central Co-Operative Bank Ltd branches in Ahmednagar and Shevgaon, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Ahmednagar District Central Co-Operative Bank Ltd and find the branch locator section. Search for Shevgaon or Ahmednagar to get the exact IFSC Code AHDC0000163.
Mobile Banking App
If you use The Ahmednagar District Central Co-Operative Bank Ltd's mobile app, you can easily 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 to help you in searching for The Ahmednagar District Central Co-Operative Bank Ltd and Ahmednagar that will provide accurate information.
How to Use IFSC Code AHDC0000163 for Online Transfers?
Once you have the IFSC Code AHDC0000163 for the Shevgaon 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 AHDC0000163. 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 AHDC0000163.
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 Shevgaon 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 differ from IFSC codes. If you are looking for the MICR code of The Ahmednagar District Central Co-Operative Bank Ltd in Shevgaon, 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 Ahmednagar District Central Co-Operative Bank Ltd website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Ahmednagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is AHDC0000163.
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 Post Shevgaon Tal Shevgaon 414502 located in Ahmednagar, Shevgaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.