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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Ratanlal Plots Branch - Akola branch in Akola, Akola, Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly 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 ADCC0000026. 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, Ratanlal Plots Branch - Akola, Akola
Here are the main details that are associated with the IFSC Code ADCC0000026 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 | ADCC0000026 |
| Branch | Ratanlal Plots Branch - Akola |
| City | Akola |
| District | Akola |
| State | Maharashtra |
| Address | The Akola-Washim District Central Coop. Bank Ltd.,Branch Ratanlal Plot, Near Raghuvanshi Mangal Karyalaya, Ratanlal Plot, Akola. 444001 |
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 ADCC0000026 for the Ratanlal Plots Branch - Akola 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, 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 Ratanlal Plots Branch - Akola, Akola, Maharashtra, is provided a unique IFSC like ADCC0000026 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 Akola.
- 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 Ratanlal Plots Branch - Akola do not get misguided to another person.
Format of the IFSC Code ADCC0000026
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:
- First 4 characters (AAAA): These represent the bank code. In The Akola-Washim District Central Cooperative Bank Ltd., Akola, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Ratanlal Plots Branch - Akola in Akola.
For example, the IFSC Code ADCC0000026 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Ratanlal Plots Branch - Akola branch has 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 trying to find the IFSC Code ADCC0000026 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Ratanlal Plots Branch - Akola 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 Akola, 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 Ratanlal Plots Branch - Akola or Akola to get the exact IFSC Code ADCC0000026.
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 ADCC0000026 for Online Transfers?
Once you have the IFSC Code ADCC0000026 for the Ratanlal Plots Branch - Akola 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 ADCC0000026. 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 ADCC0000026.
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 Ratanlal Plots Branch - Akola 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 Ratanlal Plots Branch - Akola, 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 Ratanlal Plots Branch - Akola Akola branch is ADCC0000026.
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 Ratanlal Plot, Near Raghuvanshi Mangal Karyalaya, Ratanlal Plot, Akola. 444001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.