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 Chohotta Bazar Branch branch in Chauhatta, 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 Chauhatta or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ADCC0000038. 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, Chohotta Bazar Branch, Chauhatta
The table below shows the main details of the IFSC Code ADCC0000038 for the The Akola District Central Cooperative Bank branch in Chauhatta, which falls under the Akola district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola District Central Cooperative Bank |
| IFSC Code | ADCC0000038 |
| Branch | Chohotta Bazar Branch |
| City | Chauhatta |
| District | Akola |
| State | Maharashtra |
| Address | The Akola District Central Coop. Bank Ltd., Branch Chohotta Bazar, At. Po. Chohotta Bazar, Tq. Akot, Dist. Akola. 444125 |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Akola District Central Cooperative Bank in Chauhatta for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000038 for the Chohotta Bazar Branch branch of The Akola District Central Cooperative Bank has 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 Chohotta Bazar Branch, Chauhatta, Maharashtra, are given a unique IFSC like ADCC0000038 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Chauhatta.
- 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 Chauhatta 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 Chohotta Bazar 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 ADCC0000038
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): 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 Chohotta Bazar Branch in Chauhatta.
For example, the IFSC Code ADCC0000038 of The Akola District Central Cooperative Bank for the Chohotta Bazar Branch branch includes these elements, identifying the bank and the branch location in Chauhatta and Maharashtra accurately.
How to Find IFSC Code for The Akola District Central Cooperative Bank?
If you are trying to find the IFSC Code ADCC0000038 of The Akola District Central Cooperative Bank for its Chohotta Bazar Branch branch located in Chauhatta, 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 Chauhatta 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 Chohotta Bazar Branch or Chauhatta to get the exact IFSC Code ADCC0000038.
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 Chauhatta, you'll get the correct details.
How to Use IFSC Code ADCC0000038 for Online Transfers?
Once you have the IFSC Code ADCC0000038 for the Chohotta Bazar Branch branch of The Akola District Central Cooperative Bank in Chauhatta, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ADCC0000038. 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 ADCC0000038.
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 Chohotta Bazar Branch in Chauhatta, 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 Chohotta Bazar 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 Chauhatta manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ADCC0000038.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is The Akola District Central Coop. Bank Ltd., Branch Chohotta Bazar, At. Po. Chohotta Bazar, Tq. Akot, Dist. Akola. 444125 located in Chauhatta, Akola, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.