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 Medshi Branch branch in Washim, Medshi, 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 ADCC0000096. 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, Medshi Branch, Washim

Here are some of the key details that come with the IFSC Code ADCC0000096 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its branch located in Washim, within the district of Medshi in the state of Maharashtra.

Particulars Details
Bank The Akola-Washim District Central Cooperative Bank Ltd., Akola
IFSC Code ADCC0000096
Branch Medshi Branch
City Washim
District Medshi
State Maharashtra
Address The Akola-Washim District Central Coop. Bank Ltd.,Branch Medshi, At. Po. Medshi, Tq. Malegaon, Dist.Washim. 444512

These details help users in online banking and for businesses and individuals who use The Akola-Washim District Central Cooperative Bank Ltd., Akola in Washim for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code ADCC0000096 for the Medshi Branch branch of The Akola-Washim District Central Cooperative Bank Ltd., Akola has a very important role.

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 Medshi Branch, Washim, Maharashtra, is provided a unique IFSC like ADCC0000096 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 Washim.
  • 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 Washim and Medshi.
  • 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 Medshi Branch do not get misguided to another person.

Format of the IFSC Code ADCC0000096

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 Medshi Branch in Washim.

For example, the IFSC Code ADCC0000096 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Medshi Branch branch includes these elements, identifying the bank and the branch location in Washim and Maharashtra accurately.

How to Find IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola?

To find the IFSC Code ADCC0000096 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Medshi Branch branch located in Washim, 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 Washim and Medshi, 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 Medshi Branch or Washim to find the exact IFSC Code ADCC0000096.

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 Washim will provide accurate information.

How to Use IFSC Code ADCC0000096 for Online Transfers?

Once you have the IFSC Code ADCC0000096 for the Medshi 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 beneficiary details including the name, account number, and IFSC Code ADCC0000096. Transfers are processed in batches. This is suitable for 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 ADCC0000096.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola Medshi Branch in Washim may 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 Medshi Branch, 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 Washim 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 in Medshi Branch, Washim?

The IFSC Code is ADCC0000096.

Is the IFSC Code ADCC0000096 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Medshi Branch branch?

The address of the branch is The Akola-Washim District Central Coop. Bank Ltd.,Branch Medshi, At. Po. Medshi, Tq. Malegaon, Dist.Washim. 444512 located in Washim, Medshi, 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.