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 Aalegaon Branch branch in Alegaon, 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 Alegaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000060. 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, Aalegaon Branch, Alegaon
Here are the main details that are associated with the IFSC Code ADCC0000060 of The Akola District Central Cooperative Bank for its branch located in Alegaon, within the district of Akola in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola District Central Cooperative Bank |
| IFSC Code | ADCC0000060 |
| Branch | Aalegaon Branch |
| City | Alegaon |
| District | Akola |
| State | Maharashtra |
| Address | The Akola District Central Coop. Bank Ltd.,Branch Alegaon, At. Po. Alegaon, Tq. Patur, Dist.Akola. 444511 |
These details help users in online banking and for businesses and individuals who use The Akola District Central Cooperative Bank in Alegaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000060 for the Aalegaon Branch branch of The Akola District Central Cooperative Bank has a very 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, including The Akola District Central Cooperative Bank located in Aalegaon Branch, Alegaon, Maharashtra, is provided with a unique IFSC like ADCC0000060 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the The Akola District Central Cooperative Bank branch in Alegaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Alegaon and Akola.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for The Akola District Central Cooperative Bank in Aalegaon Branch do not get mixed with another location.
Format of the IFSC Code ADCC0000060
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 Aalegaon Branch in Alegaon.
For example, the IFSC Code ADCC0000060 of The Akola District Central Cooperative Bank for the Aalegaon Branch branch includes these elements, identifying the bank and the branch location in Alegaon and Maharashtra accurately.
How to Find IFSC Code for The Akola District Central Cooperative Bank?
To find the IFSC Code ADCC0000060 of The Akola District Central Cooperative Bank for its Aalegaon Branch branch located in Alegaon, 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 Alegaon 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 Aalegaon Branch or Alegaon to find the exact IFSC Code ADCC0000060.
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 Alegaon will provide accurate information.
How to Use IFSC Code ADCC0000060 for Online Transfers?
Once you have the IFSC Code ADCC0000060 for the Aalegaon Branch branch of The Akola District Central Cooperative Bank in Alegaon, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ADCC0000060. 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 ADCC0000060.
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 Aalegaon Branch in Alegaon, your payment can get delayed or might not go through at all.
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 Aalegaon Branch, 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 Alegaon to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Aalegaon Branch Alegaon branch is ADCC0000060.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at The Akola District Central Coop. Bank Ltd.,Branch Alegaon, At. Po. Alegaon, Tq. Patur, Dist.Akola. 444511.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.