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IFSC Code of The Akola District Central Cooperative Bank, Channi ┬Ábranch, Akola, Maharashtra — ADCC0000059

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of The Akola District Central Cooperative Bank for its Channi ┬Ábranch branch in Channi, Akola, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of The Akola District Central Cooperative Bank situated in Channi or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ADCC0000059. You should 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, Channi ┬Ábranch, Channi

Below in the table are the key details related to IFSC Code ADCC0000059 of The Akola District Central Cooperative Bank for its branch located in Channi, within the district of Akola in the state of Maharashtra.

Particulars Details
Bank The Akola District Central Cooperative Bank
IFSC Code ADCC0000059
Branch Channi ┬Ábranch
City Channi
District Akola
State Maharashtra
Address The Akola District Central Coop. Bank Ltd.,Branch Channi, At. Po. Channi, Tq. Patur, Dist. Akola. 444501

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 Channi for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000059 for the Channi ┬Ábranch 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 Channi ┬Ábranch, Channi, Maharashtra, are allotted a unique IFSC like ADCC0000059 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code ADCC0000059

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 Channi ┬Ábranch in Channi.

For example, the IFSC Code ADCC0000059 of The Akola District Central Cooperative Bank for the Channi ┬Ábranch branch includes these elements, identifying the bank and the branch location in Channi and Maharashtra accurately.

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

To find the IFSC Code ADCC0000059 of The Akola District Central Cooperative Bank for its Channi ┬Ábranch branch located in Channi, 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 Channi 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 Channi ┬Ábranch or Channi to find the exact IFSC Code ADCC0000059.

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 Channi will provide accurate information.

How to Use IFSC Code ADCC0000059 for Online Transfers?

Once you have the IFSC Code ADCC0000059 for the Channi ┬Ábranch branch of The Akola District Central Cooperative Bank in Channi, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code ADCC0000059. 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 ADCC0000059.

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 Channi ┬Ábranch in Channi, 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 Channi ┬Ábranch, 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 Channi to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Akola District Central Cooperative Bank in Channi ┬Ábranch, Channi?

The IFSC Code is ADCC0000059.

Is the IFSC Code ADCC0000059 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of The Akola District Central Cooperative Bank Channi ┬Ábranch?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Channi ┬Ábranch branch?

The address of the branch is The Akola District Central Coop. Bank Ltd.,Branch Channi, At. Po. Channi, Tq. Patur, Dist. Akola. 444501 located in Channi, 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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