IFSC Code of Apna Sahakari Bank Limited, Pratiksha Nagar Branch, Maharashtra

Use this page as a one-stop reference for everything related to Apna Sahakari Bank Limited's PRATIKSHA NAGAR branch in MUMBAI, MAHARASHTRA. The branch's IFSC code ASBL0000027 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.

IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.

In our case, ASBL0000027 is the IFSC of Apna Sahakari Bank Limited's PRATIKSHA NAGAR branch. The format is fixed: ASBL = bank code, 0 = reserved, 000027 = branch identifier.

Branch details at a glance

Bank profile

Apna Sahakari Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Pratiksha Nagar branch — IFSC ASBL0000027 — extends the bank's services to customers in and around Mumbai, Maharashtra.

About this branch

The branch is located at M 2 CHS, D WING, GALA NO.1 TO 6, PRATIKSHA NAGAR, SION, MUMBAI 400022. It serves the Mumbai region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of Apna Sahakari Bank Limited. The IFSC ASBL0000027 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 Apna Sahakari Bank Limited's PRATIKSHA NAGAR branch came to be assigned the code ASBL0000027.

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 ASBL0000027, money simply cannot be routed to the PRATIKSHA NAGAR branch electronically.

How to transfer money using IFSC ASBL0000027

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 ASBL0000027 across all three.

NEFT to Apna Sahakari Bank Limited, PRATIKSHA NAGAR using IFSC ASBL0000027

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 ASBL0000027, and confirm that the system picks up Apna Sahakari Bank Limited – PRATIKSHA NAGAR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

RTGS transfers via IFSC ASBL0000027

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 – PRATIKSHA NAGAR, ensure your bank's portal accepts IFSC ASBL0000027 while registering the beneficiary. RTGS is also available 24x7.

IMPS to Apna Sahakari Bank Limited PRATIKSHA NAGAR (IFSC ASBL0000027)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ASBL0000027 in your mobile or internet banking app, and the money is credited to the PRATIKSHA NAGAR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Pratiksha Nagar

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 ASBL0000027:

• 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 PRATIKSHA NAGAR is still linked to IFSC ASBL0000027.

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 ASBL0000027

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 Apna Sahakari Bank Limited – PRATIKSHA NAGAR is still mapped to IFSC ASBL0000027. 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 ASBL0000027 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Pratiksha Nagar branch is mapped to IFSC ASBL0000027 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 ASBL0000027.

Products and services

Customers walking into the Pratiksha Nagar branch can access most of Apna Sahakari Bank Limited'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 ASBL0000027

MICR & cheque-truncation details

Cheques drawn on the Pratiksha Nagar branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC ASBL0000027 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC ASBL0000027

Apna Sahakari Bank Limited customers can register for net banking and the bank's official mobile app once their account at the PRATIKSHA 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 ASBL0000027 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 Apna Sahakari Bank Limited – PRATIKSHA NAGAR:

• The IFSC is exactly ASBL0000027 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 PRATIKSHA 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.

How to reach the Pratiksha Nagar branch

The branch is located at M 2 CHS, D WING, GALA NO.1 TO 6, PRATIKSHA NAGAR, SION, MUMBAI 400022, which puts it inside Mumbai, the broader Greater Bombay district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “Apna Sahakari Bank Limited Pratiksha Nagar branch” — the verified location pin for IFSC ASBL0000027 should appear at the top of the results.
2. Confirm the branch is open by calling 22-24028000 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 ASBL0000027 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC ASBL0000027 for Apna Sahakari Bank Limited – PRATIKSHA 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 Pratiksha Nagar branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ASBL0000027, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: ASBL0000027 is the IFSC code of Apna Sahakari Bank Limited, PRATIKSHA NAGAR branch, in MUMBAI, 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.