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 Washim Main Branch branch in Washim, 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 Washim or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000088. 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, Washim Main Branch, Washim
Here are the main details that are associated with the IFSC Code ADCC0000088 of The Akola District Central Cooperative Bank for its branch located in Washim, within the district of Washim in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola District Central Cooperative Bank |
| IFSC Code | ADCC0000088 |
| Branch | Washim Main Branch |
| City | Washim |
| District | Washim |
| State | Maharashtra |
| Address | The Akola District Central Coop. Bank Ltd.,Branch Washim Main, Near Bus Stand, Washim Tq.Dist. Washim, 444505 |
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 Washim for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000088 for the Washim Main Branch 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 Washim Main Branch, Washim, Maharashtra, is provided with a unique IFSC like ADCC0000088 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 Washim.
- 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 Washim 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 Washim Main Branch do not get mixed with another location.
Format of the IFSC Code ADCC0000088
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 Washim Main Branch in Washim.
For example, the IFSC Code ADCC0000088 of The Akola District Central Cooperative Bank for the Washim Main Branch branch includes these elements, identifying the bank and the branch location in Washim and Maharashtra accurately.
How to Find IFSC Code for The Akola District Central Cooperative Bank?
To find the IFSC Code ADCC0000088 of The Akola District Central Cooperative Bank for its Washim Main Branch branch located in Washim, the following methods can help you out:
Cheque Book
The cheque book issued by The Akola District Central Cooperative Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including The Akola District Central Cooperative Bank branches in Washim 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 go to the branch locator section. Then search for Washim Main Branch or Washim to find the exact IFSC Code ADCC0000088.
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 maintains an updated database of all IFSC codes. Searching for The Akola District Central Cooperative Bank and Washim will provide accurate information.
How to Use IFSC Code ADCC0000088 for Online Transfers?
Once you have the IFSC Code ADCC0000088 for the Washim Main Branch branch of The Akola District Central Cooperative Bank in Washim, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ADCC0000088. 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 ADCC0000088.
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 Washim Main Branch in Washim 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 Washim Main 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 Washim manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is ADCC0000088.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can 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 Washim Main, Near Bus Stand, Washim Tq.Dist. Washim, 444505 located in Washim, Washim, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.