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-Washim District Central Cooperative Bank Ltd., Akola for its Channi ┬Ábranch branch in Akola, Channi, 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-Washim District Central Cooperative Bank Ltd., Akola located in Akola or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000059. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola, Channi ┬Ábranch, Akola

Below in the table are the key details related to IFSC Code ADCC0000059 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its branch located in Akola, within the district of Channi in the state of Maharashtra.

Particulars Details
Bank The Akola-Washim District Central Cooperative Bank Ltd., Akola
IFSC Code ADCC0000059
Branch Channi ┬Ábranch
City Akola
District Channi
State Maharashtra
Address The Akola-Washim District Central Coop. Bank Ltd.,Branch Channi, At. Po. Channi, Tq. Patur, Dist. Akola. 444501

These details help users in online banking and for businesses and individuals who use The Akola-Washim District Central Cooperative Bank Ltd., Akola in Akola for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000059 for the Channi ┬Ábranch branch of The Akola-Washim District Central Cooperative Bank Ltd., Akola has a very 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-Washim District Central Cooperative Bank Ltd., Akola located in Channi ┬Ábranch, Akola, Maharashtra, is provided with a unique IFSC like ADCC0000059 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the The Akola-Washim District Central Cooperative Bank Ltd., Akola branch in Akola.
  • 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 Akola and Channi.
  • 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-Washim District Central Cooperative Bank Ltd., Akola in Channi ┬Ábranch do not get mixed with another location.

Format of the IFSC Code ADCC0000059

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 of this:

  • First 4 characters (AAAA): Represent the bank code. For The Akola-Washim District Central Cooperative Bank Ltd., Akola, 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 Channi ┬Ábranch in Akola.

For example, the IFSC Code ADCC0000059 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Channi ┬Ábranch 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?

If you are trying to find the IFSC Code ADCC0000059 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Channi ┬Ábranch branch located in Akola, the following methods can help:

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 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-Washim District Central Cooperative Bank Ltd., Akola branches in Akola and Channi, print them on the first page of your passbook.

Bank Website

Visit the official website of The Akola-Washim District Central Cooperative Bank Ltd., Akola and navigate to the branch locator section. Search for Channi ┬Ábranch or Akola to get the exact IFSC Code ADCC0000059.

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 keeps an updated list of all IFSC codes. If you search for The Akola-Washim District Central Cooperative Bank Ltd., Akola and Akola, you'll get the correct details.

How to Use IFSC Code ADCC0000059 for Online Transfers?

Once you have the IFSC Code ADCC0000059 for the Channi ┬Ábranch 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 ADCC0000059. The transfer is completed in batches instead of instantly. It is useful for both 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-Washim District Central Cooperative Bank Ltd., Akola IFSC Code ADCC0000059.

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 Channi ┬Ábranch 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 Channi ┬Ábranch, here are some ways that you can get 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.

If you know both IFSC and MICR codes, then it can help account holders in Akola manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Akola-Washim District Central Cooperative Bank Ltd., Akola in Channi ┬Ábranch, Akola?

The IFSC Code is ADCC0000059.

Is the IFSC Code ADCC0000059 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-Washim District Central Cooperative Bank Ltd., Akola Channi ┬Ábranch?

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 Channi ┬Ábranch branch?

The address of the branch is The Akola-Washim District Central Coop. Bank Ltd.,Branch Channi, At. Po. Channi, Tq. Patur, Dist. Akola. 444501 located in Akola, Channi, 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.