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 Mangulzanak Branch branch in Washim, Mangrul Zanak, 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 Washim or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code ADCC0000103. 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, Mangulzanak Branch, Washim
Here are the main details that are associated with the IFSC Code ADCC0000103 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its branch located in Washim, within the district of Mangrul Zanak in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola-Washim District Central Cooperative Bank Ltd., Akola |
| IFSC Code | ADCC0000103 |
| Branch | Mangulzanak Branch |
| City | Washim |
| District | Mangrul Zanak |
| State | Maharashtra |
| Address | The Akola-Washim District Central Coop. Bank Ltd.,Branch Mangul Zanak, At. Po. Mangul Zanak, Tq. Risod, Dist. Washim. 444504 |
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 Washim for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code ADCC0000103 for the Mangulzanak Branch 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, 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 Mangulzanak Branch, Washim, Maharashtra, is provided with a unique IFSC like ADCC0000103 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 Washim.
- 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 Washim and Mangrul Zanak.
- 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 Mangulzanak Branch do not get mixed with another location.
Format of the IFSC Code ADCC0000103
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 Mangulzanak Branch in Washim.
For example, the IFSC Code ADCC0000103 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Mangulzanak Branch branch has these elements, identifying the bank and the branch location in Washim 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 ADCC0000103 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Mangulzanak Branch branch located in Washim, 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 Washim and Mangrul Zanak, 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 Mangulzanak Branch or Washim to get the exact IFSC Code ADCC0000103.
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 Washim, then it will provide you proper information.
How to Use IFSC Code ADCC0000103 for Online Transfers?
Once you have the IFSC Code ADCC0000103 for the Mangulzanak Branch branch of The Akola-Washim District Central Cooperative Bank Ltd., Akola in Washim, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code ADCC0000103. 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 ADCC0000103.
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 Mangulzanak Branch in Washim, 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 Mangulzanak 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 Washim to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is ADCC0000103.
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 Mangul Zanak, At. Po. Mangul Zanak, Tq. Risod, Dist. Washim. 444504 located in Washim, Mangrul Zanak, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.