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 Vyala Branch branch in Akola, Vyala, 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 ADCC0000057. 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, Vyala Branch, Akola

Here are the key points that are associated with the IFSC Code ADCC0000057 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its branch located in Akola, within the district of Vyala in the state of Maharashtra.

Particulars Details
Bank The Akola-Washim District Central Cooperative Bank Ltd., Akola
IFSC Code ADCC0000057
Branch Vyala Branch
City Akola
District Vyala
State Maharashtra
Address The Akola-Washim District Central Coop. Bank Ltd.,Branch Vyala, At. Po. Vyala, Tq. Balapur, Dist.Akola. 444302

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 ADCC0000057 for the Vyala Branch 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, along with The Akola-Washim District Central Cooperative Bank Ltd., Akola located in Vyala Branch, Akola, Maharashtra, are given a unique IFSC like ADCC0000057 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 any kind of confusion between different branches of the same bank in places like Akola and Vyala.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to The Akola-Washim District Central Cooperative Bank Ltd., Akola in Vyala Branch goes to the correct branch. This is important because The Akola-Washim District Central Cooperative Bank Ltd., Akola has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code ADCC0000057

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 Vyala Branch in Akola.

For example, the IFSC Code ADCC0000057 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Vyala Branch 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?

To find the IFSC Code ADCC0000057 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Vyala 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 Vyala, 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 Vyala Branch or Akola to find the exact IFSC Code ADCC0000057.

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 ADCC0000057 for Online Transfers?

Once you have the IFSC Code ADCC0000057 for the Vyala 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 ADCC0000057. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 ADCC0000057.

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 Vyala 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 Vyala Branch, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Akola manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code of the Vyala Branch Akola branch is ADCC0000057.

Is IFSC Code ADCC0000057 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the The Akola-Washim District Central Cooperative Bank Ltd., Akola Vyala Branch branch?

The branch is located at The Akola-Washim District Central Coop. Bank Ltd.,Branch Vyala, At. Po. Vyala, Tq. Balapur, Dist.Akola. 444302.

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.