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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Akola District Central Cooperative Bank for its Wadegaon Branch branch in Wadegaon, Akola, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of The Akola District Central Cooperative Bank located in Wadegaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000053. 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, Wadegaon Branch, Wadegaon

Here are some of the key details that come with the IFSC Code ADCC0000053 of The Akola District Central Cooperative Bank for its branch located in Wadegaon, within the district of Akola in the state of Maharashtra.

Particulars Details
Bank The Akola District Central Cooperative Bank
IFSC Code ADCC0000053
Branch Wadegaon Branch
City Wadegaon
District Akola
State Maharashtra
Address The Akola District Central Coop. Bank Ltd.,Branch Wadegaon, At. Po. Wadegaon, Tq. Balapur, Dist. Akola. 444502

These details are essential not only for online banking users but also for businesses and individuals who use The Akola District Central Cooperative Bank in Wadegaon for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000053 for the Wadegaon Branch branch of The Akola District Central Cooperative Bank plays an important 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, along with The Akola District Central Cooperative Bank located in Wadegaon Branch, Wadegaon, Maharashtra, are given a unique IFSC like ADCC0000053 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Wadegaon.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Wadegaon and Akola.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to The Akola District Central Cooperative Bank in Wadegaon Branch goes to the correct branch. This is important because The Akola District Central Cooperative Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ADCC0000053

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 Wadegaon Branch in Wadegaon.

For example, the IFSC Code ADCC0000053 of The Akola District Central Cooperative Bank for the Wadegaon Branch branch has these elements, identifying the bank and the branch location in Wadegaon and Maharashtra correctly.

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

If you are trying to find the IFSC Code ADCC0000053 of The Akola District Central Cooperative Bank for its Wadegaon Branch branch located in Wadegaon, 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

You can easily find the IFSC and MICR codes because most banks, including The Akola District Central Cooperative Bank branches in Wadegaon and Akola, print them 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 Wadegaon Branch or Wadegaon to get the exact IFSC Code ADCC0000053.

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 Wadegaon, you'll get the correct details.

How to Use IFSC Code ADCC0000053 for Online Transfers?

Once you have the IFSC Code ADCC0000053 for the Wadegaon Branch branch of The Akola District Central Cooperative Bank in Wadegaon, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ADCC0000053. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and The Akola District Central Cooperative Bank IFSC Code ADCC0000053.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for The Akola District Central Cooperative Bank Wadegaon Branch in Wadegaon, it can 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 Wadegaon 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 Wadegaon 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 Wadegaon Branch, Wadegaon?

The IFSC Code is ADCC0000053.

Is the IFSC Code ADCC0000053 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Wadegaon Branch branch?

The address of the branch is The Akola District Central Coop. Bank Ltd.,Branch Wadegaon, At. Po. Wadegaon, Tq. Balapur, Dist. Akola. 444502 located in Wadegaon, 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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