Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of The Akola District Central Cooperative Bank for its Kanshivani Branch branch in Akola, Akola, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of The Akola District Central Cooperative Bank located in Akola or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000015. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for The Akola District Central Cooperative Bank, Kanshivani Branch, Akola
Here are some of the key details that come with the IFSC Code ADCC0000015 of The Akola District Central Cooperative Bank for its branch located in Akola, within the district of Akola in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola District Central Cooperative Bank |
| IFSC Code | ADCC0000015 |
| Branch | Kanshivani Branch |
| City | Akola |
| District | Akola |
| State | Maharashtra |
| Address | The Akola District Central Coop. Bank Ltd., Branch Kanshivani, At. Po. Kanshivani, Tq. Dist. Akola 444102 |
These details helps users in online banking and for businesses and individuals who use The Akola District Central Cooperative Bank in Akola for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000015 for the Kanshivani Branch branch of The Akola District Central Cooperative Bank 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 Akola District Central Cooperative Bank located in Kanshivani Branch, Akola, Maharashtra, are allotted a unique IFSC like ADCC0000015 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Akola.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Akola and Akola.
- 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 Akola District Central Cooperative Bank in Kanshivani Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ADCC0000015
The format of the IFSC Code for banks, including The Akola District Central Cooperative Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Akola District Central Cooperative Bank, 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 Kanshivani Branch in Akola.
For example, the IFSC Code ADCC0000015 of The Akola District Central Cooperative Bank for the Kanshivani Branch branch includes these elements, identifying the bank and the branch location in Akola and Maharashtra correctly.
How to Find IFSC Code for The Akola District Central Cooperative Bank?
If you are trying to find the IFSC Code ADCC0000015 of The Akola District Central Cooperative Bank for its Kanshivani Branch branch located in Akola, the following methods can help:
Cheque Book
The cheque books that are issued by The Akola District Central Cooperative Bank 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 Akola District Central Cooperative Bank branches in Akola and Akola, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Akola District Central Cooperative Bank and find the branch locator section. Search for Kanshivani Branch or Akola to get the exact IFSC Code ADCC0000015.
Mobile Banking App
If you use The Akola District Central Cooperative Bank'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 Akola District Central Cooperative Bank and Akola that will provide accurate information.
How to Use IFSC Code ADCC0000015 for Online Transfers?
Once you have the IFSC Code ADCC0000015 for the Kanshivani Branch branch of The Akola District Central Cooperative Bank in Akola, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ADCC0000015. 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 Akola District Central Cooperative Bank IFSC Code ADCC0000015.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Akola District Central Cooperative Bank Kanshivani Branch in Akola, your payment can get delayed or might not go through at all.
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 The Akola District Central Cooperative Bank in Kanshivani Branch, 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 The Akola District Central Cooperative Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Akola manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kanshivani Branch Akola branch is ADCC0000015.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at The Akola District Central Coop. Bank Ltd., Branch Kanshivani, At. Po. Kanshivani, Tq. Dist. Akola 444102.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.