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 Poharadevi Branch branch in Poharadevi, 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 Poharadevi or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000086. 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, Poharadevi Branch, Poharadevi
Here are the main details that are associated with the IFSC Code ADCC0000086 of The Akola District Central Cooperative Bank for its branch located in Poharadevi, within the district of Washim in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola District Central Cooperative Bank |
| IFSC Code | ADCC0000086 |
| Branch | Poharadevi Branch |
| City | Poharadevi |
| District | Washim |
| State | Maharashtra |
| Address | The Akola District Central Coop. Bank Ltd.,Branch Poharadevi, At. Po. Poharadevi, Tq. Manora, Dist. Washim. 444404 |
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 Poharadevi for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ADCC0000086 for the Poharadevi 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 that is provided by the Reserve Bank of India. A unique IFSC like ADCC0000086 is given to every bank branch, including The Akola District Central Cooperative Bank located in Poharadevi Branch, Poharadevi, 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 Poharadevi.
- 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 Poharadevi and Washim.
- 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 Poharadevi Branch doesn't end up at another location.
Format of the IFSC Code ADCC0000086
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 of this:
- First 4 characters (AAAA): Represent the bank code. For The Akola District Central Cooperative Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Poharadevi Branch in Poharadevi.
For example, the IFSC Code ADCC0000086 of The Akola District Central Cooperative Bank for the Poharadevi Branch branch includes these elements, identifying the bank and the branch location in Poharadevi and Maharashtra accurately.
How to Find IFSC Code for The Akola District Central Cooperative Bank?
If you are trying to find the IFSC Code ADCC0000086 of The Akola District Central Cooperative Bank for its Poharadevi Branch branch located in Poharadevi, 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 Poharadevi 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 Poharadevi Branch or Poharadevi to get the exact IFSC Code ADCC0000086.
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 Poharadevi that will provide accurate information.
How to Use IFSC Code ADCC0000086 for Online Transfers?
Once you have the IFSC Code ADCC0000086 for the Poharadevi Branch branch of The Akola District Central Cooperative Bank in Poharadevi, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ADCC0000086. 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 ADCC0000086.
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 Poharadevi Branch in Poharadevi 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 Poharadevi Branch, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Poharadevi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ADCC0000086.
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 Poharadevi, At. Po. Poharadevi, Tq. Manora, Dist. Washim. 444404 located in Poharadevi, Washim, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.