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 Ranpise Nagar Branch - Akola branch in Akola, Akola, 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 ADCC0000024. 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, Ranpise Nagar Branch - Akola, Akola
Below in the table are the key details related to IFSC Code ADCC0000024 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its branch located in Akola, within the district of Akola in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola-Washim District Central Cooperative Bank Ltd., Akola |
| IFSC Code | ADCC0000024 |
| Branch | Ranpise Nagar Branch - Akola |
| City | Akola |
| District | Akola |
| State | Maharashtra |
| Address | The Akola-Washim District Central Coop. Bank Ltd.,Branch Ranpise Nagar, Ranpise Nagar, Akola. 444001 |
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 ADCC0000024 for the Ranpise Nagar Branch - Akola 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, 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 Ranpise Nagar Branch - Akola, Akola, Maharashtra, is provided with a unique IFSC like ADCC0000024 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 Akola.
- 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 Ranpise Nagar Branch - Akola do not get mixed with another location.
Format of the IFSC Code ADCC0000024
The format of the IFSC Code for banks, including The Akola-Washim District Central Cooperative Bank Ltd., Akola, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For The Akola-Washim District Central Cooperative Bank Ltd., Akola, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ranpise Nagar Branch - Akola in Akola.
For example, the IFSC Code ADCC0000024 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Ranpise Nagar Branch - Akola branch includes these elements, identifying the bank and the branch location in Akola and Maharashtra correctly.
How to Find IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola?
If you are looking for the IFSC Code ADCC0000024 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Ranpise Nagar Branch - Akola 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 Akola, 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 Ranpise Nagar Branch - Akola or Akola to get the exact IFSC Code ADCC0000024.
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 ADCC0000024 for Online Transfers?
Once you have the IFSC Code ADCC0000024 for the Ranpise Nagar Branch - Akola 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 beneficiary details including the name, account number, and IFSC Code ADCC0000024. Transfers are processed in batches. This is 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. Requires the recipient's account details and The Akola-Washim District Central Cooperative Bank Ltd., Akola IFSC Code ADCC0000024.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola Ranpise Nagar Branch - Akola in Akola 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 Ranpise Nagar Branch - Akola, 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)
The IFSC Code is ADCC0000024.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can 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 Ranpise Nagar, Ranpise Nagar, Akola. 444001 located in Akola, Akola, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.