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-Washim District Central Cooperative Bank Ltd., Akola for its Hatrun Branch branch in Akola, Paras, 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-Washim District Central Cooperative Bank Ltd., Akola located in Akola or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000056. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola, Hatrun Branch, Akola
Here are the main details that are associated with the IFSC Code ADCC0000056 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its branch located in Akola, within the district of Paras in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola-Washim District Central Cooperative Bank Ltd., Akola |
| IFSC Code | ADCC0000056 |
| Branch | Hatrun Branch |
| City | Akola |
| District | Paras |
| State | Maharashtra |
| Address | The Akola-Washim District Central Coop. Bank Ltd.,Branch Hatrun, At. Po. Hatrun, Tq. Balapur, Dist.Akola 444109 |
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 ADCC0000056 for the Hatrun 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, which is 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 Hatrun Branch, Akola, Maharashtra, is provided a unique IFSC like ADCC0000056 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the The Akola-Washim District Central Cooperative Bank Ltd., Akola branch in Akola.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Akola and Paras.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for The Akola-Washim District Central Cooperative Bank Ltd., Akola in Hatrun Branch do not get misguided to another person.
Format of the IFSC Code ADCC0000056
This is 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 explanation:
- First 4 characters (AAAA): This is the bank code. For The Akola-Washim District Central Cooperative Bank Ltd., Akola, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Hatrun Branch in Akola.
For example, the IFSC Code ADCC0000056 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Hatrun 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?
If you are looking for the IFSC Code ADCC0000056 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Hatrun Branch branch located in Akola, the following methods can help:
Cheque Book
The cheque book that is 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 at the top section.
Passbook
Most of the banks, including The Akola-Washim District Central Cooperative Bank Ltd., Akola branches in Akola and Paras, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of The Akola-Washim District Central Cooperative Bank Ltd., Akola and look for the branch locator section, then search for Hatrun Branch or Akola to get the exact IFSC Code ADCC0000056.
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 easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for The Akola-Washim District Central Cooperative Bank Ltd., Akola and Akola, then it will provide you proper information.
How to Use IFSC Code ADCC0000056 for Online Transfers?
Once you have the IFSC Code ADCC0000056 for the Hatrun Branch branch of The Akola-Washim District Central Cooperative Bank Ltd., Akola in Akola, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ADCC0000056. 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-Washim District Central Cooperative Bank Ltd., Akola IFSC Code ADCC0000056.
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-Washim District Central Cooperative Bank Ltd., Akola Hatrun Branch in Akola, it can result in delayed or failed transactions.
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 Hatrun 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 ADCC0000056.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily 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 Hatrun, At. Po. Hatrun, Tq. Balapur, Dist.Akola 444109 located in Akola, Paras, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.