For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of The Akola District Central Cooperative Bank for its Borgaon Manju Branch branch in Borgaon-Manju, Akola, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of The Akola District Central Cooperative Bank located in Borgaon-Manju or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000012. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for The Akola District Central Cooperative Bank, Borgaon Manju Branch, Borgaon-Manju
Here are the key points that are associated with the IFSC Code ADCC0000012 of The Akola District Central Cooperative Bank for its branch located in Borgaon-Manju, within the district of Akola in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola District Central Cooperative Bank |
| IFSC Code | ADCC0000012 |
| Branch | Borgaon Manju Branch |
| City | Borgaon-Manju |
| District | Akola |
| State | Maharashtra |
| Address | The Akola District Central Coop. Bank Ltd., Branch Borgaon Manju At. Po. Borgaon Manju, Tq. Dist. Akola. 444102 |
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 Borgaon-Manju for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ADCC0000012 for the Borgaon Manju 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 provided by the Reserve Bank of India. Every bank branch, along with The Akola District Central Cooperative Bank located in Borgaon Manju Branch, Borgaon-Manju, Maharashtra, are given a unique IFSC like ADCC0000012 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Borgaon-Manju.
- 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 Borgaon-Manju 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 Borgaon Manju Branch 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 ADCC0000012
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 of this:
- First 4 characters (AAAA): Represent the bank code. For The Akola District Central Cooperative Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Borgaon Manju Branch in Borgaon-Manju.
For example, the IFSC Code ADCC0000012 of The Akola District Central Cooperative Bank for the Borgaon Manju Branch branch includes these elements, identifying the bank and the branch location in Borgaon-Manju and Maharashtra accurately.
How to Find IFSC Code for The Akola District Central Cooperative Bank?
If you are trying to find the IFSC Code ADCC0000012 of The Akola District Central Cooperative Bank for its Borgaon Manju Branch branch located in Borgaon-Manju, 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 Borgaon-Manju 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 Borgaon Manju Branch or Borgaon-Manju to get the exact IFSC Code ADCC0000012.
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 Borgaon-Manju, you'll get the correct details.
How to Use IFSC Code ADCC0000012 for Online Transfers?
Once you have the IFSC Code ADCC0000012 for the Borgaon Manju Branch branch of The Akola District Central Cooperative Bank in Borgaon-Manju, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ADCC0000012. The transfer is completed in batches instead of instantly. It is useful for both 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 ADCC0000012.
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 Borgaon Manju Branch in Borgaon-Manju, 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 Borgaon Manju 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 Borgaon-Manju to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Borgaon Manju Branch Borgaon-Manju branch is ADCC0000012.
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 Borgaon Manju At. Po. Borgaon Manju, Tq. Dist. Akola. 444102.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.