IFSC code for Akola Janata Commercial Co-operative Bank, Karanja, Washim, Maharashtra

IFSC CODE

AKJB0000006

Akola Janata Commercial Co-operative Bank

Karanja, Karanja, Maharashtra
Address

Janvaibhav, Shasikant Talkies Road, Karanja Pin 444 105

Akola Janata Commercial Co-operative Bank

Karanja, Karanja, Maharashtra

Address

Janvaibhav, Shasikant Talkies Road, Karanja Pin 444 105

Bank Details

IFSC Code

AKJB0000006

MICR Code

444364506

Bank Code

(Based on IFSC)

AKJB

Bank Code

(Based on MICR)

364

Contact

+917256222194

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IFSC Code of Akola Janata Commercial Co-operative Bank

Every Akola Janata Commercial Co-operative Bank branch in India has a unique Akola Janata Commercial Co-operative Bank IFSC Code. Akola Janata Commercial Co-operative Bank IFSC Code enables Akola Janata Commercial Co-operative Bank account holders to send and receive money electronically. Akola Janata Commercial Co-operative Bank IFSC Code is assigned by RBI (Reserve Bank of India) to each branch as it helps in carrying out RTGS and NEFT transactions smoothly.

Benefits of IFSC Code

  • Unique Identification: IFSC code helps in unique identification of all banks and their respective branches.

  • Smooth Fund Transfer: IFSC code enables convenient and hassle-free transfer of funds from one bank account to another.

  • Monitoring Transactions: IFSC code is used by RBI to keep track of all the bank transactions. It lowers the chances of discrepancy.

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Format of Akola Janata Commercial Co-operative Bank IFSC Code AKJB0000006

The IFSC code of all accounts in the same branch of the bank is standard. It is an 11 digit alphanumeric code.

  • The first four letters of the code, i.e., AKJB, denotes the name of the bank which is Akola Janata Commercial Co-operative Bank.

  • The fifth character is 0.

  • The last six digits of the code, i.e., 000006, represents the branch which is Akola Janata Commercial Co-operative Bank

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MICR Code of Akola Janata Commercial Co-operative Bank

Every Akola Janata Commercial Co-operative Bank branch in India has a unique Akola Janata Commercial Co-operative Bank MICR Code. MICR code for Akola Janata Commercial Co-operative Bank  can be found on a cheque leaf and bank passbook. It is a 9 digit code printed on the last line of a cheque leaf. One can also find MICR code on the website of Akola Janata Commercial Co-operative Bank. MICR code is used for faster and secure processing of cheques.

Benefits of MICR Code

  • High Level of Security: The use of magnetic ink ensures MICR characters are readable even if a document is obscured by marks.

  • Authentication of Docs: MICR code authenticates the originality and legality of paper based docs. in the banking system.

  • Faster Processing: There is no manual input and hence the processing of MICR information is fast and errors are reduced.

Learn More About IFSC Code!

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