IFSC Code of Apna Sahakari Bank Limited, Mapusa Branch, Goa

Use this page as a one-stop reference for everything related to Apna Sahakari Bank Limited's MAPUSA branch in MAPUSA, GOA. The branch's IFSC code ASBL0000054 is the key identifier you need whenever a remitter, employer or biller asks for a bank routing number to send funds to an account held at this branch. We have also included the branch's postal address, telephone number, banking hours, common services, and an extensive FAQ block that should answer almost every question that comes up when you are about to add this branch as a beneficiary in your net-banking app for the first time.

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 Apna Sahakari Bank Limited – MAPUSA is ASBL0000054. The first four letters ASBL are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000054 map to this branch in MAPUSA, GOA.

Bank profile

Apna Sahakari Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Mapusa branch — IFSC ASBL0000054 — extends the bank's services to customers in and around Mapusa, Goa.

Mapusa branch overview

Located at KANDALKAL BUILDING,ANGOD, NEAR JAMA MASJID, CHALTA NO 129 OF P T SHEET NO 147, MAPUSA, GOA 403507, the Mapusa branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC ASBL0000054 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

Why every Apna Sahakari Bank Limited 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 MAPUSA of Apna Sahakari Bank Limited — its own 11-character IFSC. The code ASBL0000054 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 ASBL0000054 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by Apna Sahakari Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC ASBL0000054 and the account number together uniquely identify the Mapusa branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

How to transfer money using IFSC ASBL0000054

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 ASBL0000054 across all three.

NEFT to Apna Sahakari Bank Limited, MAPUSA using IFSC ASBL0000054

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 ASBL0000054, and confirm that the system picks up Apna Sahakari Bank Limited – MAPUSA. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC ASBL0000054

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 Apna Sahakari Bank Limited – MAPUSA, ensure your bank's portal accepts IFSC ASBL0000054 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Apna Sahakari Bank Limited MAPUSA (IFSC ASBL0000054)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ASBL0000054 in your mobile or internet banking app, and the money is credited to the MAPUSA branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Mapusa

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 ASBL0000054:

• 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 MAPUSA is still linked to IFSC ASBL0000054.

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.

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 Apna Sahakari Bank Limited's MAPUSA branch, the IFSC ASBL0000054 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 Mapusa branch is mapped to IFSC ASBL0000054 on the RBI payments network. The branch generally supports the full retail product catalogue of Apna Sahakari Bank Limited, 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 ASBL0000054.

Banking services available

The Mapusa branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 832-2255345.

• 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 ASBL0000054

Digital banking channels

Most day-to-day work that customers used to do at the Mapusa 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 ASBL0000054 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 Mapusa branch

The branch is located at KANDALKAL BUILDING,ANGOD, NEAR JAMA MASJID, CHALTA NO 129 OF P T SHEET NO 147, MAPUSA, GOA 403507, which puts it inside Mapusa, the broader North Goa district, and the state of Goa. To plan your visit:

1. Open Google Maps on your phone and search for “Apna Sahakari Bank Limited Mapusa branch” — the verified location pin for IFSC ASBL0000054 should appear at the top of the results.
2. Confirm the branch is open by calling 832-2255345 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 ASBL0000054 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 Apna Sahakari Bank Limited – MAPUSA:

• The IFSC is exactly ASBL0000054 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills Apna Sahakari Bank Limited as the bank name and MAPUSA 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 Mapusa branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ASBL0000054, however, work 24x7.

Verifying IFSC ASBL0000054 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 ASBL0000054 by:

• Looking at the cheque leaf – IFSC is printed near the MICR band.
• Opening the passbook's first page.
• Calling the branch directly on 832-2255345.
• Visiting the bank's official branch locator page.

Branch address & contact

Frequently asked questions

Final notes

To recap: ASBL0000054 is the IFSC code of Apna Sahakari Bank Limited, MAPUSA branch, in MAPUSA, GOA. 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.