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IFSC Code of The Akola District Central Cooperative Bank, Malegaon Branch, Washim, Maharashtra — ADCC0000093

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 Malegaon Branch branch in Malegaon, 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 Malegaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000093. 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, Malegaon Branch, Malegaon

Here are the key points that are associated with the IFSC Code ADCC0000093 of The Akola District Central Cooperative Bank for its branch located in Malegaon, within the district of Washim in the state of Maharashtra.

Particulars Details
Bank The Akola District Central Cooperative Bank
IFSC Code ADCC0000093
Branch Malegaon Branch
City Malegaon
District Washim
State Maharashtra
Address The Akola District Central Coop. Bank Ltd.,Branch Malegaon, At. Po. Tq. Malegaon, Dist.Washim. 444503

These details are important not only for users using online banking but also for businesses and individuals who use The Akola District Central Cooperative Bank in Malegaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ADCC0000093 for the Malegaon Branch branch of The Akola District Central Cooperative Bank is vital.

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 Malegaon Branch, Malegaon, Maharashtra, are allotted a unique IFSC like ADCC0000093 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code ADCC0000093

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 Malegaon Branch in Malegaon.

For example, the IFSC Code ADCC0000093 of The Akola District Central Cooperative Bank for the Malegaon Branch branch includes these elements, identifying the bank and the branch location in Malegaon and Maharashtra accurately.

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

If you are trying to find the IFSC Code ADCC0000093 of The Akola District Central Cooperative Bank for its Malegaon Branch branch located in Malegaon, the following methods can help:

Cheque Book

The cheque books that are issued by The Akola District Central Cooperative Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including The Akola District Central Cooperative Bank branches in Malegaon 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 find the branch locator section. Search for Malegaon Branch or Malegaon to get the exact IFSC Code ADCC0000093.

Mobile Banking App

If you use The Akola District Central Cooperative Bank's mobile app, you can easily 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 to help you in searching for The Akola District Central Cooperative Bank and Malegaon that will provide accurate information.

How to Use IFSC Code ADCC0000093 for Online Transfers?

Once you have the IFSC Code ADCC0000093 for the Malegaon Branch branch of The Akola District Central Cooperative Bank in Malegaon, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ADCC0000093. 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 ADCC0000093.

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 Malegaon Branch in Malegaon 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 Malegaon 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 Malegaon manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Akola District Central Cooperative Bank in Malegaon Branch, Malegaon?

The IFSC Code is ADCC0000093.

Is the IFSC Code ADCC0000093 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of The Akola District Central Cooperative Bank Malegaon Branch?

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

What is the full address of the Malegaon Branch branch?

The address of the branch is The Akola District Central Coop. Bank Ltd.,Branch Malegaon, At. Po. Tq. Malegaon, Dist.Washim. 444503 located in Malegaon, Washim, 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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