IFSC Code of Akola Janata Commercial Cooperative Bank, Gorakshan Road Branch, Maharashtra

If you are searching for the IFSC code of Akola Janata Commercial Cooperative Bank, GORAKSHAN ROAD branch in AKOLA, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is AKJB0000010. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the GORAKSHAN ROAD branch, and detailed step-by-step guides for using the IFSC AKJB0000010 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular branch.

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 Akola Janata Commercial Cooperative Bank – GORAKSHAN ROAD is AKJB0000010. The first four letters AKJB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000010 map to this branch in AKOLA, MAHARASHTRA.

About Akola Janata Commercial Cooperative Bank

Akola Janata Commercial Cooperative Bank operates a wide network of branches across India, including the Gorakshan Road branch in Akola. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, AKJB0000010.

Branch details at a glance

About this branch

The branch is located at PRABHU PLAZA, NEAR POWER HOUSE, GORAKSHAN ROAD, AKOLA PIN 444 004. It serves the Akola region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Akola Janata Commercial Cooperative Bank. The IFSC AKJB0000010 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 Akola Janata Commercial Cooperative Bank's GORAKSHAN ROAD branch came to be assigned the code AKJB0000010.

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 AKJB0000010, money simply cannot be routed to the GORAKSHAN ROAD branch electronically.

Account types you can open at the Gorakshan Road branch

Once you have an account at Akola Janata Commercial Cooperative Bank – GORAKSHAN ROAD, the IFSC AKJB0000010 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Banking services available

The Gorakshan Road branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 724-2458851.

• 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 AKJB0000010

How to transfer money using IFSC AKJB0000010

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 AKJB0000010 across all three.

NEFT to Akola Janata Commercial Cooperative Bank, GORAKSHAN ROAD using IFSC AKJB0000010

National Electronic Funds Transfer is the simplest way to move money into an account at this branch. NEFT works around the clock, including Sundays and public holidays, and settles in half-hourly batches.

To send funds, add the recipient as a beneficiary in your bank's online portal, key in the account number, paste the IFSC AKJB0000010, and confirm that the system picks up Akola Janata Commercial Cooperative Bank – GORAKSHAN ROAD. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC AKJB0000010

RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Akola Janata Commercial Cooperative Bank – GORAKSHAN ROAD, ensure your bank's portal accepts IFSC AKJB0000010 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Akola Janata Commercial Cooperative Bank GORAKSHAN ROAD (IFSC AKJB0000010)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC AKJB0000010 in your mobile or internet banking app, and the money is credited to the GORAKSHAN ROAD branch account within seconds.

NEFT vs RTGS vs IMPS — which one should you use?

All three modes accept the IFSC AKJB0000010 for Akola Janata Commercial Cooperative Bank – GORAKSHAN ROAD, 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.

For most retail customers crediting the Gorakshan Road 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 Akola Janata Commercial Cooperative Bank's GORAKSHAN ROAD branch, the IFSC AKJB0000010 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.

Online banking and IFSC AKJB0000010

Akola Janata Commercial Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the GORAKSHAN ROAD 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 AKJB0000010 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.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Akola Janata Commercial Cooperative Bank carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC AKJB0000010 and the account number together uniquely identify the Gorakshan Road branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Common mistakes to avoid when using IFSC AKJB0000010

An incorrect IFSC almost always results in a failed transfer or, worse, a credit to the wrong branch. Before you click Confirm on a transfer to Akola Janata Commercial Cooperative Bank – GORAKSHAN ROAD, double-check for these issues:

• Confusing 0 with O. The fifth character of every IFSC is the digit 0, not the letter O. Read carefully.
• Spaces or hyphens. Do not put spaces in the IFSC. It is exactly 11 characters: AKJB0000010.
• Wrong branch. A bank can have dozens of branches in the same city. Make sure you are using the IFSC for the actual branch where the beneficiary holds the account, not just any nearby branch.
• Old IFSC after a merger. If two banks have merged, the IFSC may have been reissued. Always verify with a recent passbook or cheque leaf.
• Copy-paste from chat. Auto-correct on phones can silently change letters in IFSC codes. Type carefully or copy from a trusted source like the cheque book.

Reaching the branch

The Gorakshan Road branch sits at PRABHU PLAZA, NEAR POWER HOUSE, GORAKSHAN ROAD, AKOLA PIN 444 004. If you are travelling from outside Akola, search for the branch on a maps application using the bank name and locality, or call 724-2458851 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 AKJB0000010 and your account number.

Verifying IFSC AKJB0000010 from official sources

The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm AKJB0000010 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 724-2458851.
• Visiting the bank's official branch locator page.

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 Gorakshan Road branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC AKJB0000010, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code AKJB0000010 belongs to Akola Janata Commercial Cooperative Bank's GORAKSHAN ROAD branch, located at PRABHU PLAZA, NEAR POWER HOUSE, GORAKSHAN ROAD, AKOLA PIN 444 004 in AKOLA, 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.