Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of The Akola District Central Cooperative Bank for its Patur ┬Ábranch branch in Patur, Akola, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of The Akola District Central Cooperative Bank located in Patur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000058. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for The Akola District Central Cooperative Bank, Patur ┬Ábranch, Patur
Below in the table are the key details related to IFSC Code ADCC0000058 of The Akola District Central Cooperative Bank for its branch located in Patur, within the district of Akola in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola District Central Cooperative Bank |
| IFSC Code | ADCC0000058 |
| Branch | Patur ┬Ábranch |
| City | Patur |
| District | Akola |
| State | Maharashtra |
| Address | The Akola District Central Coop. Bank Ltd.,Branch Patur, At. Po. Tq. Patur, Dist. Akola. 444501 |
These details help users in online banking and for businesses and individuals who use The Akola District Central Cooperative Bank in Patur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000058 for the Patur ┬Ábranch 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 that is provided by the Reserve Bank of India. A unique IFSC like ADCC0000058 is given to every bank branch, including The Akola District Central Cooperative Bank located in Patur ┬Ábranch, Patur, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the The Akola District Central Cooperative Bank branch in Patur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Patur and Akola.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for The Akola District Central Cooperative Bank in Patur ┬Ábranch doesn't end up at another location.
Format of the IFSC Code ADCC0000058
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 Patur ┬Ábranch in Patur.
For example, the IFSC Code ADCC0000058 of The Akola District Central Cooperative Bank for the Patur ┬Ábranch branch includes these elements, identifying the bank and the branch location in Patur and Maharashtra accurately.
How to Find IFSC Code for The Akola District Central Cooperative Bank?
If you are trying to find the IFSC Code ADCC0000058 of The Akola District Central Cooperative Bank for its Patur ┬Ábranch branch located in Patur, 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
Most banks, including The Akola District Central Cooperative Bank branches in Patur and Akola, print the IFSC and MICR codes 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 Patur ┬Ábranch or Patur to get the exact IFSC Code ADCC0000058.
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 Patur, you'll get the correct details.
How to Use IFSC Code ADCC0000058 for Online Transfers?
If you have the IFSC Code ADCC0000058 for the Patur ┬Ábranch branch of The Akola District Central Cooperative Bank in Patur, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ADCC0000058. 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 ADCC0000058.
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 Patur ┬Ábranch in Patur, it 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 Patur ┬Ábranch, 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 Patur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is ADCC0000058.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily 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 Patur, At. Po. Tq. Patur, Dist. Akola. 444501 located in Patur, Akola, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.