IFSC Code of Akola Janata Commercial Cooperative Bank, Tajnapeth Branch, Maharashtra

This page lists the IFSC code, branch address, contact number and fund-transfer information for Akola Janata Commercial Cooperative Bank, TAJNAPETH branch in AKOLA. The 11-digit IFSC AKJB0000008 uniquely identifies this branch in the RBI's centralised payments network and is required for every NEFT, RTGS or IMPS transaction routed to this branch. If you are paying somebody who banks with Akola Janata Commercial Cooperative Bank at the TAJNAPETH location, this is the only IFSC you need.

We have organised this page into clearly labelled sections so you can jump straight to the part that interests you — the IFSC and MICR details, the full postal address, the contact phone number, a quick primer on NEFT, RTGS and IMPS, the typical product line-up at the branch, and a frequently asked questions section that addresses the queries people raise most often about this 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 – TAJNAPETH is AKJB0000008. The first four letters AKJB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000008 map to this branch in AKOLA, MAHARASHTRA.

About the bank

Akola Janata Commercial Cooperative Bank serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Tajnapeth branch in Akola, Maharashtra is part of this network and uses the IFSC code AKJB0000008 for all electronic settlement.

Branch details at a glance

About this branch

The branch is located at SUBHASH ROAD, TAJNAPETH, AKOLA PIN 444 001. 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 AKJB0000008 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 TAJNAPETH branch came to be assigned the code AKJB0000008.

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 AKJB0000008, money simply cannot be routed to the TAJNAPETH branch electronically.

Products and account variants supported

Every account opened at the Tajnapeth branch is mapped to IFSC AKJB0000008 on the RBI payments network. The branch generally supports the full retail product catalogue of Akola Janata Commercial 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 AKJB0000008.

Banking services available

The Tajnapeth branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 724-2436155.

• 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 AKJB0000008

How to transfer money using IFSC AKJB0000008

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 AKJB0000008 across all three.

NEFT to Akola Janata Commercial Cooperative Bank, TAJNAPETH using IFSC AKJB0000008

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 AKJB0000008, and confirm that the system picks up Akola Janata Commercial Cooperative Bank – TAJNAPETH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC AKJB0000008

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 – TAJNAPETH, ensure your bank's portal accepts IFSC AKJB0000008 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Akola Janata Commercial Cooperative Bank TAJNAPETH (IFSC AKJB0000008)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC AKJB0000008 in your mobile or internet banking app, and the money is credited to the TAJNAPETH branch account within seconds.

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

All three modes accept the IFSC AKJB0000008 for Akola Janata Commercial Cooperative Bank – TAJNAPETH, 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 Tajnapeth 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.

UPI payments and IFSC AKJB0000008

UPI (Unified Payments Interface) has become the default way for individuals to send money in India. While most UPI transactions are addressed using a Virtual Payment Address (VPA) like name@bank, the underlying account at Akola Janata Commercial Cooperative Bank – TAJNAPETH is still mapped to IFSC AKJB0000008. When a customer links a savings or current account to a UPI app for the first time, the app silently looks up this IFSC against the account number to verify the account exists. The VPA acts as a friendly alias on top of the same plumbing.

If a UPI transfer to or from this branch fails, the most common reasons are an inactive UPI handle, a daily limit breach or a temporary outage at one of the participating banks — not the IFSC. You can always fall back to NEFT or IMPS using the IFSC AKJB0000008 and the beneficiary's account number to complete the transfer.

Online banking and IFSC AKJB0000008

Akola Janata Commercial Cooperative Bank customers can register for net banking and the bank's official mobile app once their account at the TAJNAPETH 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 AKJB0000008 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 & cheque-truncation details

Cheques drawn on the Tajnapeth branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC AKJB0000008 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

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 Akola Janata Commercial Cooperative Bank – TAJNAPETH:

• The IFSC is exactly AKJB0000008 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Akola Janata Commercial Cooperative Bank as the bank name and TAJNAPETH 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.

How to reach the Tajnapeth branch

The branch is located at SUBHASH ROAD, TAJNAPETH, AKOLA PIN 444 001, which puts it inside Akola, the broader Akola district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Akola Janata Commercial Cooperative Bank Tajnapeth branch” — the verified location pin for IFSC AKJB0000008 should appear at the top of the results.
2. Confirm the branch is open by calling 724-2436155 before stepping out, especially around public holidays.
3. Carry photo ID and any account-related documents you may need for the transaction you plan to do.

Most banking work — passbook updates, fund transfers, statement downloads — can also be completed online without visiting the branch in person, as long as you know the IFSC AKJB0000008 and your account number.

Verifying IFSC AKJB0000008 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 AKJB0000008 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 724-2436155.
• 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 Tajnapeth branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC AKJB0000008, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code AKJB0000008 belongs to Akola Janata Commercial Cooperative Bank's TAJNAPETH branch, located at SUBHASH ROAD, TAJNAPETH, AKOLA PIN 444 001 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.