IFSC code for Ashok Sahakari Bank, Ashok sahakari bank imps, Ahmadnagar, Maharashtra
Updated on: Thursday, May 1, 2025
IFSC CODE
ICIC00ASHSB
Ashok Sahakari Bank
Ashok Sahakari Bank Imps, Mumbai, Maharashtra
Address
Chatrapati Shivaji Maharaj Sankul Kothi Road Market Yard Ahmednagar 414001
Ashok Sahakari Bank
Ashok Sahakari Bank Imps, Mumbai, Maharashtra
Address
Chatrapati Shivaji Maharaj Sankul Kothi Road Market Yard Ahmednagar 414001
Bank Details
IFSC Code
ICIC00ASHSB
MICR Code
414815001
Bank Code
(Based on IFSC)
ASSX
Bank Code
(Based on MICR)
815
Contact
+912412451043
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IFSC Code of Ashok Sahakari Bank
Every Ashok Sahakari Bank branch in India has a unique Ashok Sahakari Bank IFSC Code. Ashok Sahakari Bank IFSC Code enables Ashok Sahakari Bank account holders to send and receive money electronically. Ashok 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 Ashok Sahakari Bank IFSC Code ICIC00ASHSB
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., ICIC, denotes the name of the bank which is Ashok Sahakari Bank.
The fifth character is 0.
The last six digits of the code, i.e., 0ASHSB, represents the branch which is Ashok Sahakari Bank
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MICR Code of Ashok Sahakari Bank
Every Ashok Sahakari Bank branch in India has a unique Ashok Sahakari Bank MICR Code. MICR code for Ashok 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 Ashok 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.
