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IFSC Code of The Akola-Washim District Central Cooperative Bank Ltd., Akola, Paras Branch, Paras, Maharashtra — ADCC0000055

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 Paras Branch branch in Akola, Paras, 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 ADCC0000055. 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, Paras Branch, Akola

Below in the table are the key details related to IFSC Code ADCC0000055 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 ADCC0000055
Branch Paras Branch
City Akola
District Paras
State Maharashtra
Address The Akola-Washim District Central Coop. Bank Ltd.,Branch Paras, At. Po. Paras, Tq. Balapur, Dist.Akola. 444109

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 ADCC0000055 for the Paras Branch 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, 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 Paras Branch, Akola, Maharashtra, is provided a unique IFSC like ADCC0000055 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 Paras Branch do not get misguided to another person.

Format of the IFSC Code ADCC0000055

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 Paras Branch in Akola.

For example, the IFSC Code ADCC0000055 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Paras 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 ADCC0000055 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Paras 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 Paras, 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 Paras Branch or Akola to find the exact IFSC Code ADCC0000055.

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 ADCC0000055 for Online Transfers?

If you have the IFSC Code ADCC0000055 for the Paras Branch branch of The Akola-Washim District Central Cooperative Bank Ltd., Akola in Akola, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code ADCC0000055. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and The Akola-Washim District Central Cooperative Bank Ltd., Akola IFSC Code ADCC0000055.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola Paras Branch in Akola, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of The Akola-Washim District Central Cooperative Bank Ltd., Akola in Paras Branch, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Akola manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of The Akola-Washim District Central Cooperative Bank Ltd., Akola in Paras Branch, Akola?

The IFSC Code is ADCC0000055.

Is the IFSC Code ADCC0000055 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of The Akola-Washim District Central Cooperative Bank Ltd., Akola Paras Branch?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Paras Branch branch?

The address of the branch is The Akola-Washim District Central Coop. Bank Ltd.,Branch Paras, At. Po. Paras, Tq. Balapur, Dist.Akola. 444109 located in Akola, Paras, 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.

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