The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of The Akola District Central Cooperative Bank for its Keshav Nagar branch in Masala Pen, Washim, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of The Akola District Central Cooperative Bank located in Masala Pen or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000106. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for The Akola District Central Cooperative Bank, Keshav Nagar, Masala Pen
Below in the table are the key details related to IFSC Code ADCC0000106 of The Akola District Central Cooperative Bank for its branch located in Masala Pen, within the district of Washim in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola District Central Cooperative Bank |
| IFSC Code | ADCC0000106 |
| Branch | Keshav Nagar |
| City | Masala Pen |
| District | Washim |
| State | Maharashtra |
| Address | The Akola District Central Coop. Bank Ltd.,Branch Keshavnagar, At. Po. Keshavnagar, Tq. Risod Dist. Washim. 444504 |
These details helps users in online banking and for businesses and individuals who use The Akola District Central Cooperative Bank in Masala Pen for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000106 for the Keshav Nagar 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 Keshav Nagar, Masala Pen, Maharashtra, is provided with a unique IFSC like ADCC0000106 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 Masala Pen.
- 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 Masala Pen 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 Keshav Nagar do not get mixed with another location.
Format of the IFSC Code ADCC0000106
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 Keshav Nagar in Masala Pen.
For example, the IFSC Code ADCC0000106 of The Akola District Central Cooperative Bank for the Keshav Nagar branch includes these elements, identifying the bank and the branch location in Masala Pen and Maharashtra accurately.
How to Find IFSC Code for The Akola District Central Cooperative Bank?
If you are looking for the IFSC Code ADCC0000106 of The Akola District Central Cooperative Bank for its Keshav Nagar branch located in Masala Pen, the following methods can help:
Cheque Book
The cheque book that is issued by The Akola District Central Cooperative Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including The Akola District Central Cooperative Bank branches in Masala Pen and Washim, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of The Akola District Central Cooperative Bank and look for the branch locator section, then search for Keshav Nagar or Masala Pen to get the exact IFSC Code ADCC0000106.
Mobile Banking App
If you use The Akola District Central Cooperative Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Akola District Central Cooperative Bank and Masala Pen, then it will provide you proper information.
How to Use IFSC Code ADCC0000106 for Online Transfers?
Once you have the IFSC Code ADCC0000106 for the Keshav Nagar branch of The Akola District Central Cooperative Bank in Masala Pen, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ADCC0000106. The transfer is completed in batches instead of instantly. It is useful for both 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 ADCC0000106.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Akola District Central Cooperative Bank Keshav Nagar in Masala Pen, your payment can get delayed or might not go through at all.
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 Keshav Nagar, 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 Masala Pen manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ADCC0000106.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is The Akola District Central Coop. Bank Ltd.,Branch Keshavnagar, At. Po. Keshavnagar, Tq. Risod Dist. Washim. 444504 located in Masala Pen, Washim, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.