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IFSC Code of The Akola District Central Cooperative Bank, Wakad, Washim, Maharashtra — ADCC0000107

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 Wakad branch in Wakad, 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 Wakad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000107. 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, Wakad, Wakad

Below in the table are the key details related to IFSC Code ADCC0000107 of The Akola District Central Cooperative Bank for its branch located in Wakad, within the district of Washim in the state of Maharashtra.

Particulars Details
Bank The Akola District Central Cooperative Bank
IFSC Code ADCC0000107
Branch Wakad
City Wakad
District Washim
State Maharashtra
Address The Akola District Central Coop. Bank Ltd., Branch Wakad, At.Po. Wakad, Tq. Risod, Dist. Washim 444506

These details are crucial, not just for online banking users but also for businesses and individuals who use The Akola District Central Cooperative Bank in Wakad for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000107 for the Wakad branch of The Akola District Central Cooperative Bank has 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, including The Akola District Central Cooperative Bank located in Wakad, Wakad, Maharashtra, is provided with a unique IFSC like ADCC0000107 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 Wakad.
  • 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 Wakad 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 Wakad do not get mixed with another location.

Format of the IFSC Code ADCC0000107

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 Wakad in Wakad.

For example, the IFSC Code ADCC0000107 of The Akola District Central Cooperative Bank for the Wakad branch includes these elements, identifying the bank and the branch location in Wakad and Maharashtra accurately.

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

If you are trying to find the IFSC Code ADCC0000107 of The Akola District Central Cooperative Bank for its Wakad branch located in Wakad, 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 Wakad and Washim, 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 Wakad or Wakad to get the exact IFSC Code ADCC0000107.

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 Wakad, you'll get the correct details.

How to Use IFSC Code ADCC0000107 for Online Transfers?

Once you have the IFSC Code ADCC0000107 for the Wakad branch of The Akola District Central Cooperative Bank in Wakad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ADCC0000107. 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 ADCC0000107.

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 Wakad in Wakad, 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 Wakad, 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 Wakad 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 Wakad, Wakad?

The IFSC Code is ADCC0000107.

Is the IFSC Code ADCC0000107 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Wakad branch?

The address of the branch is The Akola District Central Coop. Bank Ltd., Branch Wakad, At.Po. Wakad, Tq. Risod, Dist. Washim 444506 located in Wakad, Washim, 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.

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