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 Raundala Branch branch in Akola, Chauhatta, 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 ADCC0000037. 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, Raundala Branch, Akola
Here are the main details that are associated with the IFSC Code ADCC0000037 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its branch located in Akola, within the district of Chauhatta in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola-Washim District Central Cooperative Bank Ltd., Akola |
| IFSC Code | ADCC0000037 |
| Branch | Raundala Branch |
| City | Akola |
| District | Chauhatta |
| State | Maharashtra |
| Address | The Akola-Washim District Central Coop. Bank Ltd.,Branch Raundala, At Po. Devri Phata Parisar, Near Swami Vivekanand Convent. Tq. Akot Dist. Akola., 444101 |
These details helps 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 ADCC0000037 for the Raundala Branch branch of The Akola-Washim District Central Cooperative Bank Ltd., Akola plays a vital 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, along with The Akola-Washim District Central Cooperative Bank Ltd., Akola located in Raundala Branch, Akola, Maharashtra, are allotted a unique IFSC like ADCC0000037 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Akola.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Akola and Chauhatta.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to The Akola-Washim District Central Cooperative Bank Ltd., Akola in Raundala Branch reaches the right place, even though there are thousands of branches in Maharashtra and across India.
Format of the IFSC Code ADCC0000037
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 Raundala Branch in Akola.
For example, the IFSC Code ADCC0000037 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Raundala 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?
If you are trying to find the IFSC Code ADCC0000037 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Raundala Branch branch located in Akola, the following methods can help:
Cheque Book
The cheque books that are issued by The Akola-Washim District Central Cooperative Bank Ltd., Akola include the IFSC Code which is printed on each cheque and 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 Chauhatta, 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 find the branch locator section. Search for Raundala Branch or Akola to get the exact IFSC Code ADCC0000037.
Mobile Banking App
If you use The Akola-Washim District Central Cooperative Bank Ltd., Akola's mobile app, you can easily 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 to help you in searching for The Akola-Washim District Central Cooperative Bank Ltd., Akola and Akola that will provide accurate information.
How to Use IFSC Code ADCC0000037 for Online Transfers?
Once you have the IFSC Code ADCC0000037 for the Raundala Branch 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 ADCC0000037. 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 ADCC0000037.
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 Raundala Branch 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 Raundala Branch, 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 is ADCC0000037.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is The Akola-Washim District Central Coop. Bank Ltd.,Branch Raundala, At Po. Devri Phata Parisar, Near Swami Vivekanand Convent. Tq. Akot Dist. Akola., 444101 located in Akola, Chauhatta, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.