Following are the IFSC Code Details of Neral Branch Ambarnath Jaihind Coop Bank Ltd Ambarnath Raigad AJHC0001018

Which Bank IFSC Code is AJHC0001018?

IFSC Code AJHC0001018 belongs to Branch Name: Neral Branch of Ambarnath Jaihind Coop Bank Ltd Ambarnath located at Shop No.4 To 7,Ashirwad Building,Matheran Road,Lokmanya Tilak Chowk,Neral,Taluka Karjat Dist-410101

What is IFSC Code?

IFSC stands for Indian Financial System Code. It’s an 11-digit alphanumeric code that uniquely identifies every bank branch in India that participates in online money transfer systems. It works as a crucial address for ensuring smooth and accurate electronic fund transfers. It acts as a crucial address for ensuring accurate electronic fund transfers.

Structure of an IFSC Code:

First 4 characters: Bank’s name (e.g., HDFC, SBI, ICICI)
5th character: Always 0 (zero)
Last 6 characters: Specific branch of the bank

Uses of IFSC Codes:

Online money transfers: NEFT, RTGS, and IMPS all require IFSC codes to specify the recipient’s bank branch.
Cheque clearance: Used for faster cheque clearance processes.
Linking bank accounts: Linking accounts for mutual funds, loan repayments, etc., often involves IFSC codes.

How to Find Your IFSC Code:

Cheque book: Printed at the top of the cheque leaf.

Bank passbook: Printed on the front page.

Bank website/app: Available in your account information.

Third-party websites: Several websites offer IFSC code search features.

Bank branch: Visit your branch for assistance.

Common Questions:

Do all bank branches have IFSC codes?

No, only those participating in online money transfer systems have IFSC codes.

Can I use the same IFSC code for all transfer types?

Yes, the IFSC code remains constant for NEFT, RTGS, and IMPS.

What happens if I enter an incorrect IFSC code?

The transfer may be delayed or returned, so double-check the code before initiating a transaction.

Can I find IFSC codes for international banks?

No, IFSC codes are specific to Indian banks. For international transfers, you’ll need SWIFT codes.

Additional Information:

IFSC codes are issued by the Reserve Bank of India (RBI).
They are essential for smooth and secure electronic fund transfers in India.
Always verify the IFSC code with the recipient before initiating a transfer to avoid errors or delays.

About Ambarnath Jaihind Coop Bank Ltd Ambarnath:

Ambarnath Jaihind Co-operative Bank Ltd. (Ambarnath Bank) is a cooperative bank based in the city of Ambarnath, Maharashtra, India. Established in 1962, it has its headquarters in Ambarnath and serves customers through a network of 20 branches across Ambarnath and surrounding areas.

The bank offers a wide range of banking products and services, including savings accounts, current accounts, deposits, loans, demat services, locker facilities, online banking, and mobile banking. The bank is known for its customer-centric approach and active involvement in its community.

Here are some of the key features of Ambarnath Jaihind Co-operative Bank Ltd. (Ambarnath Bank):

• Strong local presence: Focused on the city of Ambarnath, the bank understands the local market and customer needs.
• Social commitment: The bank actively participates in its community and contributes to social initiatives.
• Technology: The bank offers online banking, mobile banking, and other digital services.