Below are the complete branch details for Abhyudaya Cooperative Bank, ASHOK NAGAR branch, located in NANDED, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is ABHY0065120. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case ABHY0065120 for Abhyudaya Cooperative Bank – ASHOK NAGAR — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
The Indian Financial System Code, popularly known as IFSC, is an 11-digit alphanumeric code that the RBI assigns to every bank branch participating in online interbank settlement. Without this code, an electronic transfer simply cannot reach its destination branch.
The IFSC for Abhyudaya Cooperative Bank – ASHOK NAGAR is ABHY0065120. The first four letters ABHY are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 065120 map to this branch in NANDED, MAHARASHTRA.
Branch details at a glance
| Bank Name | Abhyudaya Cooperative Bank |
|---|---|
| Branch | Ashok Nagar |
| IFSC Code | ABHY0065120 |
| MICR Code | Refer to cheque leaf |
| Branch Address | GROUND FLOOR, 69, ASHOKNAGAR, WORKSHOP-BHAGYANAGAR ROAD, NANDED, DIST NANDED - 431605 |
| City | Nanded |
| District | Nanded |
| State | Maharashtra |
| STD Code | 2462 |
| Phone | 254030 |
Bank profile
Abhyudaya Cooperative Bank is among the recognised banks listed on the Reserve Bank of India's payments network. The Ashok Nagar branch — IFSC ABHY0065120 — extends the bank's services to customers in and around Nanded, Maharashtra.
About this branch
The branch is located at GROUND FLOOR, 69, ASHOKNAGAR, WORKSHOP-BHAGYANAGAR ROAD, NANDED, DIST NANDED - 431605. It serves the Nanded region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Abhyudaya Cooperative Bank. The IFSC ABHY0065120 is used to identify this branch on the RBI payments network.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Abhyudaya Cooperative Bank's ASHOK NAGAR branch came to be assigned the code ABHY0065120.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC ABHY0065120, money simply cannot be routed to the ASHOK NAGAR branch electronically.
How to transfer money using IFSC ABHY0065120
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC ABHY0065120 across all three.
How to use IFSC ABHY0065120 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Abhyudaya Cooperative Bank's ASHOK NAGAR branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC ABHY0065120.
- Confirm the bank name auto-populates as Abhyudaya Cooperative Bank and the branch as ASHOK NAGAR.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
Real-Time Gross Settlement to ASHOK NAGAR
If you need to transfer ₹2 lakh or more in one go to an account at Abhyudaya Cooperative Bank's ASHOK NAGAR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC ABHY0065120 while initiating the transfer and the credit will appear within minutes.
IMPS to Abhyudaya Cooperative Bank ASHOK NAGAR (IFSC ABHY0065120)
IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ABHY0065120 in your mobile or internet banking app, and the money is credited to the ASHOK NAGAR branch account within seconds.
NEFT vs RTGS vs IMPS — which one should you use?
All three modes accept the IFSC ABHY0065120 for Abhyudaya Cooperative Bank – ASHOK NAGAR, but they differ in speed, minimum amount and use case. The table below summarises the differences so you can pick the right channel for the situation at hand.
| Parameter | NEFT | RTGS | IMPS |
|---|---|---|---|
| Minimum amount | ₹1 | ₹2,00,000 | ₹1 |
| Maximum amount | No RBI cap | No RBI cap | ₹5,00,000 |
| Settlement | Half-hourly batches | Real-time | Real-time |
| Availability | 24x7 | 24x7 | 24x7 |
| Best for | Routine transfers | High-value transfers | Urgent small / mid transfers |
| IFSC required | Yes – ABHY0065120 | Yes – ABHY0065120 | Yes – ABHY0065120 |
For most retail customers crediting the Ashok Nagar branch, NEFT or IMPS will be the quickest and most economical option. RTGS comes in for one-off, high-value movements such as property purchases, vendor settlements or large gifts.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Abhyudaya Cooperative Bank's ASHOK NAGAR branch, the IFSC ABHY0065120 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Products and account variants supported
Every account opened at the Ashok Nagar branch is mapped to IFSC ABHY0065120 on the RBI payments network. The branch generally supports the full retail product catalogue of Abhyudaya Cooperative Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains ABHY0065120.
Banking services available
The Ashok Nagar branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2462-254030.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC ABHY0065120
MICR code & cheque clearing
Apart from IFSC, every cheque book issued by Abhyudaya Cooperative Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC ABHY0065120 and the account number together uniquely identify the Ashok Nagar branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.
Online banking and IFSC ABHY0065120
Abhyudaya Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the ASHOK NAGAR branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC ABHY0065120 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Abhyudaya Cooperative Bank – ASHOK NAGAR:
- The IFSC is exactly ABHY0065120 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Abhyudaya Cooperative Bank as the bank name and ASHOK NAGAR as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Ashok Nagar branch sits at GROUND FLOOR, 69, ASHOKNAGAR, WORKSHOP-BHAGYANAGAR ROAD, NANDED, DIST NANDED - 431605. If you are travelling from outside Nanded, search for the branch on a maps application using the bank name and locality, or call 2462-254030 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC ABHY0065120 and your account number.
Other ways to verify the IFSC code
While this page already lists the verified IFSC ABHY0065120 for Abhyudaya Cooperative Bank – ASHOK NAGAR, you can cross-check the code from any of these sources before initiating a high-value transfer:
- The front of the cheque book issued by the branch – the IFSC is printed at the top of every leaf.
- The first page of your passbook.
- The bank's official website under the branch locator.
- The Reserve Bank of India's IFSC search portal.
- Net banking dashboards usually display the home-branch IFSC under account details.
Branch banking hours and holidays
Indian bank branches typically operate from 10:00 AM to 4:00 PM, Monday to Friday, and from 10:00 AM to 2:00 PM on working Saturdays (usually the 1st, 3rd and 5th Saturdays). The Ashok Nagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ABHY0065120, however, work 24x7.
Branch address & contact
Abhyudaya Cooperative BankAshok Nagar Branch
GROUND FLOOR, 69, ASHOKNAGAR, WORKSHOP-BHAGYANAGAR ROAD, NANDED, DIST NANDED - 431605
Nanded, Maharashtra
Phone: 2462-254030
IFSC: ABHY0065120
Frequently asked questions
What is the phone number of Abhyudaya Cooperative Bank Ashok Nagar branch?
You can reach the branch at 2462-254030 during regular banking hours.
Is IFSC ABHY0065120 the same for all accounts at Ashok Nagar branch?
Yes. The IFSC ABHY0065120 is shared by every account held at Abhyudaya Cooperative Bank's Ashok Nagar branch. Only the account number changes from customer to customer.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Ashok Nagar branch but serve different purposes.
Where is Abhyudaya Cooperative Bank Ashok Nagar branch located?
Abhyudaya Cooperative Bank's Ashok Nagar branch is located at GROUND FLOOR, 69, ASHOKNAGAR, WORKSHOP-BHAGYANAGAR ROAD, NANDED, DIST NANDED - 431605, Nanded, Maharashtra.
How do I add Abhyudaya Cooperative Bank Ashok Nagar as a beneficiary?
Log in to your internet or mobile banking app, go to Add Beneficiary, enter the account number and IFSC ABHY0065120, and complete OTP verification. Once activated, you can transfer funds at any time.
How quickly will an NEFT transfer using ABHY0065120 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Abhyudaya Cooperative Bank – Ashok Nagar reflect within 30 minutes.
Does Abhyudaya Cooperative Bank Ashok Nagar branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 2462-254030 to confirm.
Is IFSC ABHY0065120 valid for NEFT and RTGS?
Yes. IFSC ABHY0065120 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Summary
The IFSC code ABHY0065120 belongs to Abhyudaya Cooperative Bank's ASHOK NAGAR branch, located at GROUND FLOOR, 69, ASHOKNAGAR, WORKSHOP-BHAGYANAGAR ROAD, NANDED, DIST NANDED -… in NANDED, MAHARASHTRA. Use this code along with the beneficiary's account number for any NEFT, RTGS or IMPS transfer to this branch. Bookmark this page for quick reference whenever you need the branch's banking details.
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