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 Shirpur Jain Branch branch in Washim, Shirpur, 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 ADCC0000095. 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, Shirpur Jain Branch, Washim
The table below shows the main details of the IFSC Code ADCC0000095 for the The Akola-Washim District Central Cooperative Bank Ltd., Akola branch in Washim, which falls under the Shirpur district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | The Akola-Washim District Central Cooperative Bank Ltd., Akola |
| IFSC Code | ADCC0000095 |
| Branch | Shirpur Jain Branch |
| City | Washim |
| District | Shirpur |
| State | Maharashtra |
| Address | The Akola-Washim District Central Coop. Bank Ltd.,Branch Shirpur, At. Po. Shirpur, Tq. Malegaon, 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 ADCC0000095 for the Shirpur Jain 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 that is provided by the Reserve Bank of India. A unique IFSC like ADCC0000095 is given to every bank branch, including The Akola-Washim District Central Cooperative Bank Ltd., Akola located in Shirpur Jain Branch, Washim, Maharashtra, to make sure that online payments reach the right place.
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 kind of confusion between multiple branches of the same bank across different places like Washim and Shirpur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for The Akola-Washim District Central Cooperative Bank Ltd., Akola in Shirpur Jain Branch doesn't end up at another location.
Format of the IFSC Code ADCC0000095
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 Shirpur Jain Branch in Washim.
For example, the IFSC Code ADCC0000095 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for the Shirpur Jain 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 trying to find the IFSC Code ADCC0000095 of The Akola-Washim District Central Cooperative Bank Ltd., Akola for its Shirpur Jain 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 Shirpur, 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 Shirpur Jain Branch or Washim to get the exact IFSC Code ADCC0000095.
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 ADCC0000095 for Online Transfers?
Once you have the IFSC Code ADCC0000095 for the Shirpur Jain 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 ADCC0000095. 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 ADCC0000095.
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 Shirpur Jain 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 Shirpur Jain 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 of the Shirpur Jain Branch Washim branch is ADCC0000095.
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 Shirpur, At. Po. Shirpur, Tq. Malegaon, Dist.Washim. 444504.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.