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 Hiwarkhed Extension Counter branch in Hiwarkhed, 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 Hiwarkhed or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000114. 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, Hiwarkhed Extension Counter, Hiwarkhed
Here are the main details that are associated with the IFSC Code ADCC0000114 of The Akola District Central Cooperative Bank for its branch located in Hiwarkhed, within the district of Akola in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola District Central Cooperative Bank |
| IFSC Code | ADCC0000114 |
| Branch | Hiwarkhed Extension Counter |
| City | Hiwarkhed |
| District | Akola |
| State | Maharashtra |
| Address | The Akola District Central Co Operative Bank Ltd., Akola, Hiwarkhed |
These details help users in online banking and for businesses and individuals who use The Akola District Central Cooperative Bank in Hiwarkhed for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000114 for the Hiwarkhed Extension Counter 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, along with The Akola District Central Cooperative Bank located in Hiwarkhed Extension Counter, Hiwarkhed, Maharashtra, are allotted a unique IFSC like ADCC0000114 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hiwarkhed.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hiwarkhed 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 Hiwarkhed Extension Counter reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ADCC0000114
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 Hiwarkhed Extension Counter in Hiwarkhed.
For example, the IFSC Code ADCC0000114 of The Akola District Central Cooperative Bank for the Hiwarkhed Extension Counter branch includes these elements, identifying the bank and the branch location in Hiwarkhed and Maharashtra correctly.
How to Find IFSC Code for The Akola District Central Cooperative Bank?
If you are trying to find the IFSC Code ADCC0000114 of The Akola District Central Cooperative Bank for its Hiwarkhed Extension Counter branch located in Hiwarkhed, 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 Hiwarkhed 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 Hiwarkhed Extension Counter or Hiwarkhed to get the exact IFSC Code ADCC0000114.
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 Hiwarkhed, you'll get the correct details.
How to Use IFSC Code ADCC0000114 for Online Transfers?
Once you have the IFSC Code ADCC0000114 for the Hiwarkhed Extension Counter branch of The Akola District Central Cooperative Bank in Hiwarkhed, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ADCC0000114. 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 ADCC0000114.
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 Hiwarkhed Extension Counter in Hiwarkhed, 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 Hiwarkhed Extension Counter, 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 Hiwarkhed to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ADCC0000114.
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 Co Operative Bank Ltd., Akola, Hiwarkhed located in Hiwarkhed, Akola, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.