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 Shelu Bazar Branch branch in Washim, Selu Bazar, 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 ADCC0000081. 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, Shelu Bazar Branch, Washim
Here are some of the key details that come with the IFSC Code ADCC0000081 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its branch located in Washim, within the district of Selu Bazar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola-Washim District Central Cooperative Bank Ltd., Akola |
| IFSC Code | ADCC0000081 |
| Branch | Shelu Bazar Branch |
| City | Washim |
| District | Selu Bazar |
| State | Maharashtra |
| Address | The Akola-Washim District Central Coop. Bank Ltd.,Branch Shelu Bazar, At. Po. Shelu Bazar, Tq.Mangrulpir, Dist. Washim. 444402 |
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 ADCC0000081 for the Shelu Bazar 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 Shelu Bazar Branch, Washim, Maharashtra, is provided a unique IFSC like ADCC0000081 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 Selu Bazar.
- 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 Shelu Bazar Branch do not get misguided to another person.
Format of the IFSC Code ADCC0000081
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 Shelu Bazar Branch in Washim.
For example, the IFSC Code ADCC0000081 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Shelu Bazar Branch branch includes 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 trying to find the IFSC Code ADCC0000081 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Shelu Bazar Branch branch located in Washim, the following methods can help:
Cheque Book
The cheque books that are issued by The Akola-Washim District Central Cooperative Bank Ltd., Akola include the IFSC Code which is printed on each cheque and 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 Selu Bazar, 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 find the branch locator section. Search for Shelu Bazar Branch or Washim to get the exact IFSC Code ADCC0000081.
Mobile Banking App
If you use The Akola-Washim District Central Cooperative Bank Ltd., Akola's mobile app, you can easily 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 to help you in searching for The Akola-Washim District Central Cooperative Bank Ltd., Akola and Washim that will provide accurate information.
How to Use IFSC Code ADCC0000081 for Online Transfers?
If you have the IFSC Code ADCC0000081 for the Shelu Bazar 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 ADCC0000081. 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 ADCC0000081.
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 Shelu Bazar Branch in Washim, it may result in delayed or failed transactions.
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 Shelu Bazar 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 Washim manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shelu Bazar Branch Washim branch is ADCC0000081.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at The Akola-Washim District Central Coop. Bank Ltd.,Branch Shelu Bazar, At. Po. Shelu Bazar, Tq.Mangrulpir, Dist. Washim. 444402.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.