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Abhyudaya Bank IFSC Code

Find All Abhyudaya bank Branches, IFSC Codes, MICR Code, Branches Address and Telephone or Mobile Number. Abhyudaya bank which was established in June 1965 in Maharashtra is a very good bank and is having fast services. Even if we see the name “Abhyudaya” its catchy name! This bank is having its own history. It is said that some social workers formed this cooperative bank. They started with a very little amount which was Rs. 5000. In 1988, the Reserve Bank Of India gave it the main status for the scheduled bank. It is also having its branches in Gujarat and Karnataka. The bank is trying to explore the area of branches.

Abhyudaya Bank IFSC Code

Get All Abhyudaya Banks Branches Address, IFSC Codes, MICR Code. The Abhyudaya bank Basically, it is a Co-operative bank. It mainly supports the weaker sections of society. Now, approximately more than 2 lakh members had joined the bank and invited more than Rs. 17 lakhs. Now, it also provides Mobile bank service and has provided Pradhan Mantri Jan Dhan Yojana too. It has more than 100 branches now. The deposition by depositors has crossed Rs. 5000 crores in 2019 and has also got awards for its good services.
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List of IFSC Codes

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What is an IFSC Code?


IFSC code is used while using the online banking system. This IFSC code comes in handy when you have to deposit money through online banking or net banking in a bank account. IFSC code is used when performing NEFT, RTGS, and CMFS transactions. When you take money from someone through net banking, then through the IFSC code banking system, it is able to find out which branch of the country your account number is. If you understand in simple language, the IFSC code shows the location of the branch, which branch this account belongs to.

The IFSC code is of 11 digits, the first 4 digits of which indicate the bank's name. The fifth digit is zero, it has been put forward for future use. If more new banks will open in the country, then this zero will be used. The 6 digits after it represent the code of the branch, this means at which location the branch is.

How To Find All Bank IFSC Code?

Dear Visitor, you can use Also ifsccodes.info website to search for the IFSC code. Apart from this, the IFSC code is written below the account number on the passbook of your bank. An 11-digit IFSC code is also written on the bank's checkbook. Which makes it easy to understand which branch this checkbook belongs to.

Apart from this, to search the IFSC code, you can also visit the website of that bank, there are many other websites available on the Internet, which help you to search the IFSC code. For example, on this website also you will get the IFSC codes, MICR codes, and branch addresses and their phone numbers.

What is a MICR code?

MICR Code: MICR code's full form is 'Magnetic Ink Character Recognition'. It is commonly known as MICR code. This code is a 9 digits code that helps to identify a particular bank branch, which is a part of the (ECS) Electronic Clearing System, Used to clear cheques on routine Basis. In a way, this name is given to the technology with which code is printed. This technique is used to protect your online transactions. Like the IFSC code, MICR code is also different in every branch. The technique of MICR code was first used in the country in the 1980s.

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