Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Hiwarkhed Extension Counter branch in Akola, Hiwarkhed, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the 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 ADCC0000114. You should definitely 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, Hiwarkhed Extension Counter, Akola
The table below shows the main details of the IFSC Code ADCC0000114 for the The Akola-Washim District Central Cooperative Bank Ltd., Akola branch in Akola, which falls under the Hiwarkhed district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola-Washim District Central Cooperative Bank Ltd., Akola |
| IFSC Code | ADCC0000114 |
| Branch | Hiwarkhed Extension Counter |
| City | Akola |
| District | Hiwarkhed |
| State | Maharashtra |
| Address | The Akola-Washim District Central Coop. Bank Ltd.,Hiwarkhed |
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 ADCC0000114 for the Hiwarkhed Extension Counter 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 that is provided by the Reserve Bank of India. A unique IFSC like ADCC0000114 is given to every bank branch, including The Akola-Washim District Central Cooperative Bank Ltd., Akola located in Hiwarkhed Extension Counter, Akola, Maharashtra, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Akola and Hiwarkhed.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for The Akola-Washim District Central Cooperative Bank Ltd., Akola in Hiwarkhed Extension Counter doesn't end up at another location.
Format of the IFSC Code ADCC0000114
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 Hiwarkhed Extension Counter in Akola.
For example, the IFSC Code ADCC0000114 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Hiwarkhed Extension Counter 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 ADCC0000114 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Hiwarkhed Extension Counter 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
Most banks, including The Akola-Washim District Central Cooperative Bank Ltd., Akola branches in Akola and Hiwarkhed, print the IFSC and MICR codes 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 Hiwarkhed Extension Counter or Akola to get the exact IFSC Code ADCC0000114.
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 ADCC0000114 for Online Transfers?
Once you have the IFSC Code ADCC0000114 for the Hiwarkhed Extension Counter 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 ADCC0000114. 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 ADCC0000114.
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 Hiwarkhed Extension Counter 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 Hiwarkhed Extension Counter, 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 of the Hiwarkhed Extension Counter Akola branch is ADCC0000114.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at The Akola-Washim District Central Coop. Bank Ltd.,Hiwarkhed.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.