IFSC Code of The Akola District Central Cooperative Bank, Karanja Market Yard, Washim, Maharashtra — ADCC0000116

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 Karanja Market Yard branch in Karanja, Washim, 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 Karanja or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000116. 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, Karanja Market Yard, Karanja

Below in the table are the key details related to IFSC Code ADCC0000116 of The Akola District Central Cooperative Bank for its branch located in Karanja, within the district of Washim in the state of Maharashtra.

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 Karanja for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000116 for the Karanja Market Yard 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, including The Akola District Central Cooperative Bank located in Karanja Market Yard, Karanja, Maharashtra, is provided with a unique IFSC like ADCC0000116 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 Karanja.
• 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 Karanja and Washim.
• 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 Karanja Market Yard do not get mixed with another location.

Format of the IFSC Code ADCC0000116

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 Karanja Market Yard in Karanja.

For example, the IFSC Code ADCC0000116 of The Akola District Central Cooperative Bank for the Karanja Market Yard branch includes these elements, identifying the bank and the branch location in Karanja and Maharashtra accurately.

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

To find the IFSC Code ADCC0000116 of The Akola District Central Cooperative Bank for its Karanja Market Yard branch located in Karanja, 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 Karanja and Washim, 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 Karanja Market Yard or Karanja to find the exact IFSC Code ADCC0000116.

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 Karanja will provide accurate information.

How to Use IFSC Code ADCC0000116 for Online Transfers?

Once you have the IFSC Code ADCC0000116 for the Karanja Market Yard branch of The Akola District Central Cooperative Bank in Karanja, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ADCC0000116. Transfers are processed in batches. This is suitable for 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 ADCC0000116.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Akola District Central Cooperative Bank Karanja Market Yard in Karanja may 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 Karanja Market Yard, 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 Karanja manage online transfers as well as cheque clearances with ease.