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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Akola District Central Cooperative Bank for its Sah.Mah.Dr.Annasaheb Korpe Ngr Br-Akola branch in Akola, Akola, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector 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 ADCC0000008. 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, Sah.Mah.Dr.Annasaheb Korpe Ngr Br-Akola, Akola
Below in the table are the key details related to IFSC Code ADCC0000008 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 | ADCC0000008 |
| Branch | Sah.Mah.Dr.Annasaheb Korpe Ngr Br-Akola |
| City | Akola |
| District | Akola |
| State | Maharashtra |
| Address | The Akola District Central Coop. Bank Ltd., Adarsh Colony, Near Adarsh Vidyalaya, Akola. 444005 |
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 ADCC0000008 for the Sah.Mah.Dr.Annasaheb Korpe Ngr Br-Akola 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 Sah.Mah.Dr.Annasaheb Korpe Ngr Br-Akola, Akola, Maharashtra, are given a unique IFSC like ADCC0000008 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 any kind of 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 helps ensure that any money sent to The Akola District Central Cooperative Bank in Sah.Mah.Dr.Annasaheb Korpe Ngr Br-Akola goes to the correct branch. This is important because The Akola District Central Cooperative Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code ADCC0000008
This is the format of the IFSC Code for banks, including The Akola District Central Cooperative Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For The Akola District Central Cooperative Bank, 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 Sah.Mah.Dr.Annasaheb Korpe Ngr Br-Akola in Akola.
For example, the IFSC Code ADCC0000008 of The Akola District Central Cooperative Bank for the Sah.Mah.Dr.Annasaheb Korpe Ngr Br-Akola branch includes these elements, identifying the bank and the branch location in Akola and Maharashtra accurately.
How to Find IFSC Code for The Akola District Central Cooperative Bank?
If you are trying to find the IFSC Code ADCC0000008 of The Akola District Central Cooperative Bank for its Sah.Mah.Dr.Annasaheb Korpe Ngr Br-Akola branch located in Akola, the following methods can help:
Cheque Book
The cheque book issued by The Akola District Central Cooperative Bank 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 Akola District Central Cooperative Bank branches in Akola and Akola, print them on the first page of your passbook.
Bank Website
Visit the official website of The Akola District Central Cooperative Bank and navigate to the branch locator section. Search for Sah.Mah.Dr.Annasaheb Korpe Ngr Br-Akola or Akola to get the exact IFSC Code ADCC0000008.
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 keeps an updated list of all IFSC codes. If you search for The Akola District Central Cooperative Bank and Akola, you'll get the correct details.
How to Use IFSC Code ADCC0000008 for Online Transfers?
Once you have the IFSC Code ADCC0000008 for the Sah.Mah.Dr.Annasaheb Korpe Ngr Br-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 ADCC0000008. 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 ADCC0000008.
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 Sah.Mah.Dr.Annasaheb Korpe Ngr Br-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 Sah.Mah.Dr.Annasaheb Korpe Ngr Br-Akola, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Akola manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ADCC0000008.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is The Akola District Central Coop. Bank Ltd., Adarsh Colony, Near Adarsh Vidyalaya, Akola. 444005 located in Akola, Akola, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.