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IFSC Code of The Akola District Central Cooperative Bank, Akot City Branch, Akola, Maharashtra — ADCC0000034

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 Akot City Branch branch in Akot, 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 Akot or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000034. 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, Akot City Branch, Akot

Below in the table are the key details related to IFSC Code ADCC0000034 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 ADCC0000034
Branch Akot City Branch
City Akot
District Akola
State Maharashtra
Address The Akola District Central Coop. Bank Ltd., Branch Akot City, At. Po. Tq. Akot, Dist. Akola. 444101

These details are important not only for users using online banking but also for businesses and individuals who use The Akola District Central Cooperative Bank in Akot for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ADCC0000034 for the Akot City Branch branch of The Akola District Central Cooperative Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like ADCC0000034 is given to every bank branch, including The Akola District Central Cooperative Bank located in Akot City Branch, Akot, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the The Akola District Central Cooperative Bank branch in Akot.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Akot and Akola.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for The Akola District Central Cooperative Bank in Akot City Branch doesn't end up at another location.

Format of the IFSC Code ADCC0000034

The format of the IFSC Code for banks, including The Akola District Central Cooperative Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown:

  • First 4 characters (AAAA): These represent the bank code. In The Akola District Central Cooperative Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Akot City Branch in Akot.

For example, the IFSC Code ADCC0000034 of The Akola District Central Cooperative Bank for the Akot City Branch branch has these elements, identifying the bank and the branch location in Akot and Maharashtra correctly.

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

If you are trying to find the IFSC Code ADCC0000034 of The Akola District Central Cooperative Bank for its Akot City Branch branch located in Akot, 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 Akot 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 Akot City Branch or Akot to get the exact IFSC Code ADCC0000034.

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 Akot, you'll get the correct details.

How to Use IFSC Code ADCC0000034 for Online Transfers?

Once you have the IFSC Code ADCC0000034 for the Akot City Branch branch of The Akola District Central Cooperative Bank in Akot, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ADCC0000034. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and The Akola District Central Cooperative Bank IFSC Code ADCC0000034.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Akola District Central Cooperative Bank Akot City Branch in Akot, it can result in delayed or failed transactions.

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 Akot City 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 Akot City Branch, Akot?

The IFSC Code is ADCC0000034.

Is the IFSC Code ADCC0000034 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 Akot City 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 Akot City Branch branch?

The address of the branch is The Akola District Central Coop. Bank Ltd., Branch Akot City, At. Po. 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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