For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Umri Branch branch in Akola, Umri, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly 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 ADCC0000022. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola, Umri Branch, Akola

Here are the key points that are associated with the IFSC Code ADCC0000022 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its branch located in Akola, within the district of Umri in the state of Maharashtra.

Particulars Details
Bank The Akola-Washim District Central Cooperative Bank Ltd., Akola
IFSC Code ADCC0000022
Branch Umri Branch
City Akola
District Umri
State Maharashtra
Address The Akola-Washim District Central Coop. Bank Ltd.,Jatharpeth, Umari Road, Near Patil Market, Akola. 444005

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 ADCC0000022 for the Umri 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, including The Akola-Washim District Central Cooperative Bank Ltd., Akola located in Umri Branch, Akola, Maharashtra, is provided with a unique IFSC like ADCC0000022 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 Umri.
  • 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 Umri Branch do not get mixed with another location.

Format of the IFSC Code ADCC0000022

This is 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 explanation:

  • First 4 characters (AAAA): This is the bank code. For The Akola-Washim District Central Cooperative Bank Ltd., Akola, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Umri Branch in Akola.

For example, the IFSC Code ADCC0000022 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Umri 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 ADCC0000022 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Umri Branch 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

You can easily find the IFSC and MICR codes because most banks, including The Akola-Washim District Central Cooperative Bank Ltd., Akola branches in Akola and Umri, print them 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 Umri Branch or Akola to get the exact IFSC Code ADCC0000022.

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 ADCC0000022 for Online Transfers?

Once you have the IFSC Code ADCC0000022 for the Umri 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 ADCC0000022. 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 ADCC0000022.

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 Umri Branch in Akola, it can 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 Umri 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 Umri Branch, Akola?

The IFSC Code is ADCC0000022.

Is the IFSC Code ADCC0000022 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Umri Branch branch?

The address of the branch is The Akola-Washim District Central Coop. Bank Ltd.,Jatharpeth, Umari Road, Near Patil Market, Akola. 444005 located in Akola, Umri, 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.