IFSC code for Apna Sahakari Bank, Miraj, Sangli, Maharashtra
Updated on: Sunday, December 1, 2024
IFSC CODE
ASBL0000025
Apna Sahakari Bank
Miraj, Miraj, Maharashtra
Address
Bhramanpuri, Patwardhan Hall, Miraj, Dist.-sangli 416313
Apna Sahakari Bank
Miraj, Miraj, Maharashtra
Address
Bhramanpuri, Patwardhan Hall, Miraj, Dist.-sangli 416313
Bank Details
IFSC Code
ASBL0000025
MICR Code
416098152
Bank Code
(Based on IFSC)
ASBL
Bank Code
(Based on MICR)
098
Contact
+912332223089
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IFSC Code of Apna Sahakari Bank
Every Apna Sahakari Bank branch in India has a unique Apna Sahakari Bank IFSC Code. Apna Sahakari Bank IFSC Code enables Apna Sahakari Bank account holders to send and receive money electronically. Apna Sahakari 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.
Format of Apna Sahakari Bank IFSC Code ASBL0000025
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., ASBL, denotes the name of the bank which is Apna Sahakari Bank.
The fifth character is 0.
The last six digits of the code, i.e., 000025, represents the branch which is Apna Sahakari Bank
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MICR Code of Apna Sahakari Bank
Every Apna Sahakari Bank branch in India has a unique Apna Sahakari Bank MICR Code. MICR code for Apna Sahakari 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 Apna Sahakari 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.
