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 Pinjar Branch branch in Pinjar, 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 Pinjar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000029. 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, Pinjar Branch, Pinjar

Here are the key points that are associated with the IFSC Code ADCC0000029 of The Akola District Central Cooperative Bank for its branch located in Pinjar, within the district of Akola in the state of Maharashtra.

Particulars Details
Bank The Akola District Central Cooperative Bank
IFSC Code ADCC0000029
Branch Pinjar Branch
City Pinjar
District Akola
State Maharashtra
Address The Akola District Central Coop. Bank Ltd., Branch Pinjar, At. Po. Pinjar, Tq. Barshitakli, Dist. Akola. 444407

These details helps users in online banking and for businesses and individuals who use The Akola District Central Cooperative Bank in Pinjar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000029 for the Pinjar 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 Pinjar Branch, Pinjar, Maharashtra, is provided with a unique IFSC like ADCC0000029 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 Pinjar.
  • 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 Pinjar 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 Pinjar Branch do not get mixed with another location.

Format of the IFSC Code ADCC0000029

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): These represent the bank code. In The Akola District Central Cooperative Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Pinjar Branch in Pinjar.

For example, the IFSC Code ADCC0000029 of The Akola District Central Cooperative Bank for the Pinjar Branch branch has these elements, identifying the bank and the branch location in Pinjar and Maharashtra correctly.

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

If you are trying to find the IFSC Code ADCC0000029 of The Akola District Central Cooperative Bank for its Pinjar Branch branch located in Pinjar, 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 Pinjar and Akola, 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 Pinjar Branch or Pinjar to get the exact IFSC Code ADCC0000029.

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 Pinjar that will provide accurate information.

How to Use IFSC Code ADCC0000029 for Online Transfers?

If you have the IFSC Code ADCC0000029 for the Pinjar Branch branch of The Akola District Central Cooperative Bank in Pinjar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ADCC0000029. 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 ADCC0000029.

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 Pinjar Branch in Pinjar, 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 Pinjar 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 Pinjar manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

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

The IFSC Code is ADCC0000029.

Is the IFSC Code ADCC0000029 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

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

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

What is the full address of the Pinjar Branch branch?

The address of the branch is The Akola District Central Coop. Bank Ltd., Branch Pinjar, At. Po. Pinjar, Tq. Barshitakli, Dist. Akola. 444407 located in Pinjar, Akola, 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.

Nearby THE AKOLA DISTRICT CENTRAL COOPERATIVE BANK Branches

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