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 Savara 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 ADCC0000036. 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, Savara Branch, Akot
The table below shows the main details of the IFSC Code ADCC0000036 for the The Akola District Central Cooperative Bank branch in Akot, which falls under the Akola district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola District Central Cooperative Bank |
| IFSC Code | ADCC0000036 |
| Branch | Savara Branch |
| City | Akot |
| District | Akola |
| State | Maharashtra |
| Address | The Akola District Central Coop. Bank Ltd., Branch Savara, At. Po. Savara, Tq. Akot, Dist. Akola. 444101 |
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 Akot for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000036 for the Savara Branch 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, 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 Savara Branch, Akot, Maharashtra, are allotted a unique IFSC like ADCC0000036 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 Savara Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ADCC0000036
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 Savara Branch in Akot.
For example, the IFSC Code ADCC0000036 of The Akola District Central Cooperative Bank for the Savara Branch branch includes 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 ADCC0000036 of The Akola District Central Cooperative Bank for its Savara 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
Most banks, including The Akola District Central Cooperative Bank branches in Akot and Akola, print the IFSC and MICR codes 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 Savara Branch or Akot to get the exact IFSC Code ADCC0000036.
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 ADCC0000036 for Online Transfers?
Once you have the IFSC Code ADCC0000036 for the Savara 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 ADCC0000036. 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 ADCC0000036.
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 Savara Branch in Akot, it can 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 Savara Branch, 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 Akot manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ADCC0000036.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is The Akola District Central Coop. Bank Ltd., Branch Savara, At. Po. Savara, Tq. Akot, Dist. Akola. 444101 located in Akot, Akola, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.