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 Kurum Branch branch in Kurum, 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 Kurum or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000068. 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, Kurum Branch, Kurum
Here are the main details that are associated with the IFSC Code ADCC0000068 of The Akola District Central Cooperative Bank for its branch located in Kurum, within the district of Akola in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola District Central Cooperative Bank |
| IFSC Code | ADCC0000068 |
| Branch | Kurum Branch |
| City | Kurum |
| District | Akola |
| State | Maharashtra |
| Address | The Akola District Central Coop. Bank Ltd.,Branch Kurum, At. Po. Kurum, Tq. Murtizapur, Dist.Akola. 444115 |
These details helps users in online banking and for businesses and individuals who use The Akola District Central Cooperative Bank in Kurum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000068 for the Kurum Branch branch of The Akola District Central Cooperative Bank plays a vital 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 Kurum Branch, Kurum, Maharashtra, is provided with a unique IFSC like ADCC0000068 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 Kurum.
- 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 Kurum and Akola.
- 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 Kurum Branch do not get mixed with another location.
Format of the IFSC Code ADCC0000068
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 Kurum Branch in Kurum.
For example, the IFSC Code ADCC0000068 of The Akola District Central Cooperative Bank for the Kurum Branch branch includes these elements, identifying the bank and the branch location in Kurum and Maharashtra accurately.
How to Find IFSC Code for The Akola District Central Cooperative Bank?
If you are trying to find the IFSC Code ADCC0000068 of The Akola District Central Cooperative Bank for its Kurum Branch branch located in Kurum, 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 Kurum 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 Kurum Branch or Kurum to get the exact IFSC Code ADCC0000068.
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 Kurum, you'll get the correct details.
How to Use IFSC Code ADCC0000068 for Online Transfers?
If you have the IFSC Code ADCC0000068 for the Kurum Branch branch of The Akola District Central Cooperative Bank in Kurum, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ADCC0000068. Transfers are processed in batches. 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. Asks for the recipient's account details and The Akola District Central Cooperative Bank IFSC Code ADCC0000068.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Akola District Central Cooperative Bank Kurum Branch in Kurum, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of The Akola District Central Cooperative Bank in Kurum Branch, here are some of the ways 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.
Knowing both IFSC and MICR code can help account holders in Kurum manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ADCC0000068.
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 Kurum, At. Po. Kurum, Tq. Murtizapur, Dist.Akola. 444115 located in Kurum, Akola, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.