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IFSC Code of The Akola District Central Cooperative Bank, Akolkhed Branch, Akola, Maharashtra — ADCC0000040

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 Akolkhed Branch branch in Akot, 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 Akot or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000040. 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, Akolkhed Branch, Akot

Here are the key points that are associated with the IFSC Code ADCC0000040 of The Akola District Central Cooperative Bank for its branch located in Akot, within the district of Akola in the state of Maharashtra.

Particulars Details
Bank The Akola District Central Cooperative Bank
IFSC Code ADCC0000040
Branch Akolkhed Branch
City Akot
District Akola
State Maharashtra
Address The Akola District Central Coop. Bank Ltd., Branch Akolkhed, At. Po. Akolkhed, Tq. Akot, Dist.Akola. 444101

These details are crucial, not just for online banking users but also for businesses and individuals who use The Akola District Central Cooperative Bank in Akot for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000040 for the Akolkhed Branch branch of The Akola District Central Cooperative Bank has an 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, along with The Akola District Central Cooperative Bank located in Akolkhed Branch, Akot, Maharashtra, are allotted a unique IFSC like ADCC0000040 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Akot.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Akot 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 Akolkhed Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code ADCC0000040

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 Akolkhed Branch in Akot.

For example, the IFSC Code ADCC0000040 of The Akola District Central Cooperative Bank for the Akolkhed Branch branch includes these elements, identifying the bank and the branch location in Akot and Maharashtra accurately.

How to Find IFSC Code for The Akola District Central Cooperative Bank?

If you are looking for the IFSC Code ADCC0000040 of The Akola District Central Cooperative Bank for its Akolkhed Branch branch located in Akot, the following methods can help:

Cheque Book

The cheque book that is issued by The Akola District Central Cooperative Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including The Akola District Central Cooperative Bank branches in Akot and Akola, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of The Akola District Central Cooperative Bank and look for the branch locator section, then search for Akolkhed Branch or Akot to get the exact IFSC Code ADCC0000040.

Mobile Banking App

If you use The Akola District Central Cooperative Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Akola District Central Cooperative Bank and Akot, then it will provide you proper information.

How to Use IFSC Code ADCC0000040 for Online Transfers?

Once you have the IFSC Code ADCC0000040 for the Akolkhed Branch branch of The Akola District Central Cooperative Bank in Akot, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ADCC0000040. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 ADCC0000040.

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 Akolkhed Branch in Akot, 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 Akolkhed 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 Akot manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Akola District Central Cooperative Bank in Akolkhed Branch, Akot?

The IFSC Code is ADCC0000040.

Is the IFSC Code ADCC0000040 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 Akolkhed Branch?

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 Akolkhed Branch branch?

The address of the branch is The Akola District Central Coop. Bank Ltd., Branch Akolkhed, At. Po. Akolkhed, Tq. Akot, Dist.Akola. 444101 located in Akot, 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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