State wise list of Akola Janata Commercial Cooperative Bank IFSC code, MICR code and addresses of all branches in India
(used for RTGS and NEFT transactions)
|MICR Code||MICR not provided.|
|Bank||AKOLA JANATA COMMERCIAL COOPERATIVE BANK|
or Choose State from list below
Gone are the days of sending money orders and waiting for it to receive funds. With modern fund transfer systems like NEFT and RTGS in place, you can now transfer funds in an instant. Both the NEFT and RTGS use IFSC codes, Indian Financial System Codes, to identify the correct bank branch which should receive the fund transfer. IFSC code is an 11 digit alphanumeric code that uniquely identifies a bank branch. This code also helps in routing the fund safely to the concerned beneficiary account. The first four digits of the IFSC code denote the name of the bank and are alphabetic. The fifth character is zero, "0", which is reserved for future use if a digit is required later on. The last six characters are generally numeric and it represents the bank branch. The first four characters of The Akola Janata Bank IFSC start with "AKJB".
The IFSC code of the Akola Janata Commercial Cooperative Bank that you hold an account with can be found on the cheque book leaflets. A lot of sites online give the list of IFSC codes for all banks in the country offering NEFT and RTGS. All you have to do is enter the bank name and select the branch after selecting the district, and the IFSC code for that bank will be generated in an instant.
BankBazaar lets you find out the IFSC code of a particular bank very easily. To know the IFSC code of a bank, choose "Bank IFSC Code" at the bottom of BankBazaar's homepage and input the relevant information for the following.
You can easily select the details using the drop down menus. The IFSC code will be generated in an instant after you provide all details. You will also get the Akola Janata Commercial Cooperative Bank MICR code, branch address, branch code and phone number.
The Akola Janata Commercial Cooperative Bank offers the facilities of NEFT and RTGS for easy money transfer. A customer holding an account with Akola Janata Bank can carry out a NEFT and RTGS transaction easily online or by visiting the bank branch.
National Electronic Funds Transfer (NEFT):
NEFT is an electronic fund transfer mechanism that settles the transaction requests in branches. NEFT operates in hourly basis, there are about twelve settlements from 8 am to 7 pm on weekdays and six settlements from 8 am to 1 pm on Saturdays. Under NEFT, a customer can electronically transfer money from any bank branch to any other account with another bank branch in the India participating in NEFT scheme. There is no maximum or minimum limit on the funds that could be transferred using NEFT. However, for cash based remittances, the maximum amount is limited to Rs.50, 000.
To carry out a NEFT transaction with the Akola Janata Commercial Cooperative Bank, a customer must provide the following information.
Real Time Gross Settlement System (RTGS):
RTGS stands for Real Time Gross Settlement and this process facilitates the continuous settlement of fund transfers individually, without netting. The instructions for fund transfers are processed as and when they are received rather than at some other time. The RTGS is a system intended for large value transactions, the minimum amount that can be transferred through RTGS is Rs. 2 lakhs while there is no ceiling on the maximum amount that can be transferred.
The Akola Janata Commercial Cooperative Bank offers RTGS facilities for the benefit of the customers. The bank may charge an amount between Rs.20 to Rs.50 depending on the quantum of fund to be transferred, a customer has to provide the following details for the bank to process an RTGS request.
The Akola Janata Commercial Cooperative Bank was established in the year 1969 with a share capital of Rs.1.09 lakhs. Since then, the Akola Janata Commercial Cooperative Bank has grown at a steady pace and now has a capital of Rs.3759 lakhs. The Akola Janata Commercial Cooperative Bank was developed with a view of providing financial services to the growing city of Akola as well as to contribute to the co-operative movement in India. The bank caters to the banking needs of people in Maharashtra and Madhya Pradesh by offering services and products in areas like loans, deposits and insurance. The Akola Janata Commercial Cooperative Bank offers impeccable customer service which is made possible through its computerized banking counters and processes. With over 36 branches and 4 extension counters, the bank has a wide footprint in the state of Maharashtra. The Akola Janata Commercial Cooperative Bank, with a view to offer complete "co-operative" banking services, extends financial services with speed, efficiency and accuracy with complete transparency and affordability.