IFSC Code AKJB0000020:

Overview of AKJB0000020

The IFSC code AKJB0000020 is associated with the Nagpur NAGPUR Branch of Akola Janata Commercial Co-operative Bank. Located in the bustling city of Nagpur, MAHARASHTRA, this branch is one of the many Akola Janata Commercial Co-operative Bank branches that cater to the banking needs of the local residents. The code "AKJB" in AKJB0000020 represents Akola Janata Commercial Co-operative Bank Bank, while 0000020 signifies the unique branch code for NAGPUR.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like AKJB0000020, for the NAGPUR Branch, cannot be overstated. It acts as an address that identifies both the Akola Janata Commercial Co-operative Bank and its specific branch in Nagpur. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into AKJB0000020

The IFSC code AKJB0000020 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Akola Janata Commercial Co-operative Bank in Nagpur. Let's break down the details:

• IFSC Code (AKJB0000020): This unique code is essential for electronic fund transfers. The first four characters "AKJB" represent the bank's name, Akola Janata Commercial Co-operative Bank. The last six characters "0000020" are a unique identifier for the NAGPUR branch.
• Bank Name (Akola Janata Commercial Co-operative Bank): One of [country]'s leading banks, Akola Janata Commercial Co-operative Bank offers a wide range of banking products and financial services to its vast customer base.
• Address (SERVODAYA CLOTH MARKET,GANDHI BAUG,NAGPUR PIN 440 002): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
• City & State (Nagpur, MAHARASHTRA): The branch is situated in the heart of Nagpur, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
• Branch (NAGPUR): The [AREA_NAME] area in Nagpur is a hub of activity, and the Akola Janata Commercial Co-operative Bank branch here caters to both individual and business banking needs.
• Phone Number (+917122772314): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.