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IFSC Code of The Akola District Central Cooperative Bank, Market Yard Branch - Akola, Akola, Maharashtra — ADCC0000002

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 Akola District Central Cooperative Bank for its Market Yard Branch - Akola branch in Akola, Akola, 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 Akola District Central Cooperative Bank located in Akola or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000002. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for The Akola District Central Cooperative Bank, Market Yard Branch - Akola, Akola

The table below shows the main details of the IFSC Code ADCC0000002 for the The Akola District Central Cooperative Bank branch in Akola, which falls under the Akola district in Maharashtra.

Particulars Details
Bank The Akola District Central Cooperative Bank
IFSC Code ADCC0000002
Branch Market Yard Branch - Akola
City Akola
District Akola
State Maharashtra
Address The Akola District Central Coop. Bank Ltd.,Branch Market Yard, Apmc, Near Shivaji College, Akola. 444001

These details are essential not only for online banking users but also for businesses and individuals who use The Akola District Central Cooperative Bank in Akola for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000002 for the Market Yard Branch - Akola branch of The Akola District Central Cooperative Bank plays an 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 Akola District Central Cooperative Bank located in Market Yard Branch - Akola, Akola, Maharashtra, is provided a unique IFSC like ADCC0000002 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the The Akola District Central Cooperative Bank branch in Akola.
  • 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 Akola and Akola.
  • 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 Akola District Central Cooperative Bank in Market Yard Branch - Akola do not get misguided to another person.

Format of the IFSC Code ADCC0000002

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 Market Yard Branch - Akola in Akola.

For example, the IFSC Code ADCC0000002 of The Akola District Central Cooperative Bank for the Market Yard Branch - Akola 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?

To find the IFSC Code ADCC0000002 of The Akola District Central Cooperative Bank for its Market Yard Branch - Akola branch located in Akola, the following methods can help you out:

Cheque Book

The cheque book issued by The Akola District Central Cooperative Bank includes the IFSC Code printed on each cheque leaf. 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 go to the branch locator section. Then search for Market Yard Branch - Akola or Akola to find the exact IFSC Code ADCC0000002.

Mobile Banking App

If you use The Akola District Central Cooperative Bank's mobile app, you can 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. Searching for The Akola District Central Cooperative Bank and Akola will provide accurate information.

How to Use IFSC Code ADCC0000002 for Online Transfers?

Once you have the IFSC Code ADCC0000002 for the Market Yard Branch - Akola branch of The Akola District Central Cooperative Bank in Akola, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ADCC0000002. Transfers are processed in batches. This is suitable for 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 ADCC0000002.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Akola District Central Cooperative Bank Market Yard Branch - Akola in Akola may result in delayed or failed transactions.

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 Akola District Central Cooperative Bank in Market Yard Branch - Akola, 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 Akola District Central Cooperative Bank website.
  • Search the RBI portal.

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

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Akola District Central Cooperative Bank in Market Yard Branch - Akola, Akola?

The IFSC Code is ADCC0000002.

Is the IFSC Code ADCC0000002 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of The Akola District Central Cooperative Bank Market Yard Branch - Akola?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Market Yard Branch - Akola branch?

The address of the branch is The Akola District Central Coop. Bank Ltd.,Branch Market Yard, Apmc, Near Shivaji College, Akola. 444001 located in Akola, Akola, 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.

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