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 Kurankhed Branch branch in Akola, Kurankhed, 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 ADCC0000020. 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, Kurankhed Branch, Akola
Here are the key points that are associated with the IFSC Code ADCC0000020 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its branch located in Akola, within the district of Kurankhed in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola-Washim District Central Cooperative Bank Ltd., Akola |
| IFSC Code | ADCC0000020 |
| Branch | Kurankhed Branch |
| City | Akola |
| District | Kurankhed |
| State | Maharashtra |
| Address | The Akola-Washim District Central Coop. Bank Ltd.,Branch Kurankhed, At. Po. Kurankhed, Tq.Dist.Akola. 444102 |
These details are important not only for users using online banking but also for businesses and individuals who use The Akola-Washim District Central Cooperative Bank Ltd., Akola in Akola for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ADCC0000020 for the Kurankhed Branch branch of The Akola-Washim District Central Cooperative Bank Ltd., Akola is vital.
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 ADCC0000020 is given to every bank branch, including The Akola-Washim District Central Cooperative Bank Ltd., Akola located in Kurankhed Branch, 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 Kurankhed.
- 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 Kurankhed Branch doesn't end up at another location.
Format of the IFSC Code ADCC0000020
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 Kurankhed Branch in Akola.
For example, the IFSC Code ADCC0000020 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Kurankhed 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 ADCC0000020 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Kurankhed 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 Kurankhed, 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 Kurankhed Branch or Akola to find the exact IFSC Code ADCC0000020.
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 ADCC0000020 for Online Transfers?
Once you have the IFSC Code ADCC0000020 for the Kurankhed 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 ADCC0000020. 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 ADCC0000020.
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 Kurankhed Branch in Akola, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of The Akola-Washim District Central Cooperative Bank Ltd., Akola in Kurankhed Branch, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go 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 IFSC and MICR codes helps account holders in Akola manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Kurankhed Branch Akola branch is ADCC0000020.
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.,Branch Kurankhed, At. Po. Kurankhed, Tq.Dist.Akola. 444102.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.