Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Rithad Branch branch in Washim, Rithad, or Maharashtra, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the 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 ADCC0000101. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola, Rithad Branch, Washim
Below in the table are the key details related to IFSC Code ADCC0000101 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its branch located in Washim, within the district of Rithad in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola-Washim District Central Cooperative Bank Ltd., Akola |
| IFSC Code | ADCC0000101 |
| Branch | Rithad Branch |
| City | Washim |
| District | Rithad |
| State | Maharashtra |
| Address | The Akola-Washim District Central Coop. Bank Ltd.,Branch Rithad, At. Po. Rithad, Tq. Risod, Dist.Washim 444510 |
These details helps 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 ADCC0000101 for the Rithad 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, 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 Rithad Branch, Washim, Maharashtra, is provided a unique IFSC like ADCC0000101 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 Rithad.
- 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 Rithad Branch do not get misguided to another person.
Format of the IFSC Code ADCC0000101
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 Rithad Branch in Washim.
For example, the IFSC Code ADCC0000101 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Rithad 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 ADCC0000101 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Rithad 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 Rithad, 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 Rithad Branch or Washim to find the exact IFSC Code ADCC0000101.
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 ADCC0000101 for Online Transfers?
If you have the IFSC Code ADCC0000101 for the Rithad Branch branch of The Akola-Washim District Central Cooperative Bank Ltd., Akola in Washim, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code ADCC0000101. Transfers are processed in batches. 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. Asks for the recipient's account details and The Akola-Washim District Central Cooperative Bank Ltd., Akola IFSC Code ADCC0000101.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for The Akola-Washim District Central Cooperative Bank Ltd., Akola Rithad Branch in Washim, it 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 Rithad 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)
The IFSC Code is ADCC0000101.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is The Akola-Washim District Central Coop. Bank Ltd.,Branch Rithad, At. Po. Rithad, Tq. Risod, Dist.Washim 444510 located in Washim, Rithad, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.