IFSC Code of The Ajara Urban Cooperative Bank Limited Ajara, Malakapur Branch, Maharashtra

Use this page as a one-stop reference for everything related to The Ajara Urban Cooperative Bank Limited Ajara's MALAKAPUR branch in KOLHAPUR, MAHARASHTRA. The branch's IFSC code AJAR0000007 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, AJAR0000007 is the IFSC of The Ajara Urban Cooperative Bank Limited Ajara's MALAKAPUR branch. The format is fixed: AJAR = bank code, 0 = reserved, 000007 = branch identifier.

Branch details at a glance

About The Ajara Urban Cooperative Bank Limited Ajara

The Ajara Urban Cooperative Bank Limited Ajara operates a wide network of branches across India, including the Malakapur branch in Kolhapur. 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, AJAR0000007.

About this branch

The branch is located at BAZAR PETH. It serves the Kolhapur region and is connected to the bank's core banking platform, which means transactions initiated here are instantly visible across all other branches of The Ajara Urban Cooperative Bank Limited Ajara. The IFSC AJAR0000007 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 The Ajara Urban Cooperative Bank Limited Ajara's MALAKAPUR branch came to be assigned the code AJAR0000007.

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 AJAR0000007, money simply cannot be routed to the MALAKAPUR branch electronically.

How to transfer money using IFSC AJAR0000007

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 AJAR0000007 across all three.

NEFT to The Ajara Urban Cooperative Bank Limited Ajara, MALAKAPUR using IFSC AJAR0000007

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 AJAR0000007, and confirm that the system picks up The Ajara Urban Cooperative Bank Limited Ajara – MALAKAPUR. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to MALAKAPUR

If you need to transfer ₹2 lakh or more in one go to an account at The Ajara Urban Cooperative Bank Limited Ajara's MALAKAPUR branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC AJAR0000007 while initiating the transfer and the credit will appear within minutes.

IMPS to The Ajara Urban Cooperative Bank Limited Ajara MALAKAPUR (IFSC AJAR0000007)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC AJAR0000007 in your mobile or internet banking app, and the money is credited to the MALAKAPUR branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Malakapur

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 AJAR0000007:

• 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 MALAKAPUR is still linked to IFSC AJAR0000007.

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 The Ajara Urban Cooperative Bank Limited Ajara's MALAKAPUR branch, the IFSC AJAR0000007 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 Malakapur branch is mapped to IFSC AJAR0000007 on the RBI payments network. The branch generally supports the full retail product catalogue of The Ajara Urban Cooperative Bank Limited Ajara, 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 AJAR0000007.

Banking services available

The Malakapur branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 2329-224123.

• 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 AJAR0000007

MICR & cheque-truncation details

Cheques drawn on the Malakapur branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC AJAR0000007 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

Online banking and IFSC AJAR0000007

The Ajara Urban Cooperative Bank Limited Ajara customers can register for net banking and the bank's official mobile app once their account at the MALAKAPUR 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 AJAR0000007 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 The Ajara Urban Cooperative Bank Limited Ajara – MALAKAPUR:

• The IFSC is exactly AJAR0000007 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills The Ajara Urban Cooperative Bank Limited Ajara as the bank name and MALAKAPUR 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 Malakapur branch

The branch is located at BAZAR PETH, which puts it inside Kolhapur, the broader Malakapur district, and the state of Maharashtra. To plan your visit:

1. Open Google Maps on your phone and search for “The Ajara Urban Cooperative Bank Limited Ajara Malakapur branch” — the verified location pin for IFSC AJAR0000007 should appear at the top of the results.
2. Confirm the branch is open by calling 2329-224123 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 AJAR0000007 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC AJAR0000007 for The Ajara Urban Cooperative Bank Limited Ajara – MALAKAPUR, 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.

Working hours

Branch counters at Malakapur are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to AJAR0000007 continue to work without interruption.

Branch address & contact

Frequently asked questions

Final notes

To recap: AJAR0000007 is the IFSC code of The Ajara Urban Cooperative Bank Limited Ajara, MALAKAPUR branch, in KOLHAPUR, 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.