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

This page lists the IFSC code, branch address, contact number and fund-transfer information for Akola Janata Commercial Cooperative Bank, KARANJA branch in KARANJA. The 11-digit IFSC AKJB0000006 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 KARANJA 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 – KARANJA is AKJB0000006. The first four letters AKJB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000006 map to this branch in KARANJA, MAHARASHTRA.

About Akola Janata Commercial Cooperative Bank

Akola Janata Commercial Cooperative Bank operates a wide network of branches across India, including the Karanja branch in Karanja. 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, AKJB0000006.

Karanja branch overview

Located at JANVAIBHAV, SHASIKANT TALKIES ROAD, KARANJA PIN 444 105, the Karanja branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC AKJB0000006 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

Why every Akola Janata Commercial Cooperative Bank branch has a unique IFSC

Before electronic settlement systems went live in India, money transfers between banks relied heavily on demand drafts, mail transfers and telegraphic transfers. These older instruments routinely took days to clear and were prone to misrouting because there was no single machine-readable identifier for a branch. The Reserve Bank of India solved this by issuing each participating branch — including KARANJA of Akola Janata Commercial Cooperative Bank — its own 11-character IFSC. The code AKJB0000006 is therefore not just an internal reference; it is the digital postcode that lets the RBI's NEFT, RTGS and IMPS rails route funds straight to the right branch ledger without any human intervention.

Today, almost every salary credit, vendor payment, refund and EMI deduction in the country flows through this network, which is exactly why a correct IFSC matters so much. A wrong character can either bounce the transfer or send it to the wrong branch, and reversing such a credit is a manual, time-consuming process. Treat IFSC AKJB0000006 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Karanja branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC AKJB0000006 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC AKJB0000006

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 AKJB0000006 across all three.

How to use IFSC AKJB0000006 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Akola Janata Commercial Cooperative Bank's KARANJA 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).

1. Log in to your internet banking or mobile banking app.
2. Choose Add Beneficiary and select NEFT / Other Bank.
3. Enter the beneficiary name, account number and the IFSC AKJB0000006.
4. Confirm the bank name auto-populates as Akola Janata Commercial Cooperative Bank and the branch as KARANJA.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC AKJB0000006

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 – KARANJA, ensure your bank's portal accepts IFSC AKJB0000006 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Akola Janata Commercial Cooperative Bank KARANJA (IFSC AKJB0000006)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC AKJB0000006 in your mobile or internet banking app, and the money is credited to the KARANJA branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Karanja

The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC AKJB0000006:

• NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
• RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
• IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
• UPI — best for small peer-to-peer payments using a VPA; the underlying account at KARANJA is still linked to IFSC AKJB0000006.

For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.

UPI payments and IFSC AKJB0000006

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 – KARANJA is still mapped to IFSC AKJB0000006. 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 AKJB0000006 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Karanja branch is mapped to IFSC AKJB0000006 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 AKJB0000006.

Products and services

Customers walking into the Karanja branch can access most of Akola Janata Commercial Cooperative Bank's standard product suite, including:

• Account opening – savings, current, NRI, salary
• Term deposits and recurring deposits
• Retail and small-business loans
• Insurance and mutual-fund tie-ups
• Locker, safe deposit and ATM card services
• Online and mobile banking activation
• Electronic transfers via IFSC AKJB0000006

Digital banking channels

Most day-to-day work that customers used to do at the Karanja branch counter can now be completed digitally — adding a beneficiary, transferring funds, applying for a fixed deposit, raising a service request or downloading account statements. The IFSC AKJB0000006 is the link between the digital channel and the branch ledger; once a transaction is confirmed, the credit or debit is reflected in the same core banking system that the branch officers see.

How to reach the Karanja branch

The branch is located at JANVAIBHAV, SHASIKANT TALKIES ROAD, KARANJA PIN 444 105, which puts it inside Karanja, the broader Washim 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 Karanja branch” — the verified location pin for IFSC AKJB0000006 should appear at the top of the results.
2. Confirm the branch is open by calling 7256-222194 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 AKJB0000006 and your account number.

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 – KARANJA:

• The IFSC is exactly AKJB0000006 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 KARANJA 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.

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 Karanja branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC AKJB0000006, however, work 24x7.

Verifying IFSC AKJB0000006 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 AKJB0000006 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 7256-222194.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: AKJB0000006 is the IFSC code of Akola Janata Commercial Cooperative Bank, KARANJA branch, in KARANJA, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.