There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Akot City Branch branch in Akola, Akot, Maharashtra, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of The Akola-Washim District Central Cooperative Bank Ltd., Akola situated in Akola or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code ADCC0000034. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola, Akot City Branch, Akola
The table below shows the main details of the IFSC Code ADCC0000034 for the The Akola-Washim District Central Cooperative Bank Ltd., Akola branch in Akola, which falls under the Akot district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola-Washim District Central Cooperative Bank Ltd., Akola |
| IFSC Code | ADCC0000034 |
| Branch | Akot City Branch |
| City | Akola |
| District | Akot |
| State | Maharashtra |
| Address | The Akola-Washim District Central Coop. Bank Ltd.,Branch Akot City, At. Po. Tq. Akot, Dist. Akola. 444101 |
These details are crucial, not just for online banking users but also for businesses and individuals who use The Akola-Washim District Central Cooperative Bank Ltd., Akola in Akola for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000034 for the Akot City Branch branch of The Akola-Washim District Central Cooperative Bank Ltd., Akola 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, along with The Akola-Washim District Central Cooperative Bank Ltd., Akola located in Akot City Branch, Akola, Maharashtra, are allotted a unique IFSC like ADCC0000034 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Akola.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Akola and Akot.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to The Akola-Washim District Central Cooperative Bank Ltd., Akola in Akot City Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ADCC0000034
The format of the IFSC Code for banks, including The Akola-Washim District Central Cooperative Bank Ltd., Akola, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Akola-Washim District Central Cooperative Bank Ltd., Akola, 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 Akot City Branch in Akola.
For example, the IFSC Code ADCC0000034 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Akot City Branch branch includes these elements, identifying the bank and the branch location in Akola and Maharashtra accurately.
How to Find IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola?
To find the IFSC Code ADCC0000034 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Akot City Branch branch located in Akola, the following methods can help you out:
Cheque Book
The cheque book issued by The Akola-Washim District Central Cooperative Bank Ltd., Akola 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-Washim District Central Cooperative Bank Ltd., Akola branches in Akola and Akot, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of The Akola-Washim District Central Cooperative Bank Ltd., Akola and go to the branch locator section. Then search for Akot City Branch or Akola to find the exact IFSC Code ADCC0000034.
Mobile Banking App
If you use The Akola-Washim District Central Cooperative Bank Ltd., Akola'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-Washim District Central Cooperative Bank Ltd., Akola and Akola will provide accurate information.
How to Use IFSC Code ADCC0000034 for Online Transfers?
Once you have the IFSC Code ADCC0000034 for the Akot City Branch branch of The Akola-Washim District Central Cooperative Bank Ltd., Akola in Akola, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ADCC0000034. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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-Washim District Central Cooperative Bank Ltd., Akola IFSC Code ADCC0000034.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the The Akola-Washim District Central Cooperative Bank Ltd., Akola Akot City Branch in Akola, your payment can get delayed or might not go through at all.
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-Washim District Central Cooperative Bank Ltd., Akola in Akot City 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-Washim District Central Cooperative Bank Ltd., Akola website.
- Search the RBI portal.
Having both the IFSC and MICR codes makes it easy for account holders in Akola to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ADCC0000034.
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-Washim District Central Coop. Bank Ltd.,Branch Akot City, At. Po. Tq. Akot, Dist. Akola. 444101 located in Akola, Akot, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.