IFSC Code of The Akola Urban Cooperative Bank Limited, Adarsh Colony Branch, Maharashtra

If you are searching for the IFSC code of The Akola Urban Cooperative Bank Limited, ADARSH COLONY branch in AKOLA, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is TAUB0001005. You can use it for NEFT, RTGS and IMPS fund transfers, online banking add-payee actions, UPI mandates and any other electronic payment request that asks for an Indian Financial System Code. The information on this page is curated specifically for customers, remitters, employers and businesses who need to credit funds to an account maintained at this branch, and it is structured so you can find what you need within a few seconds of landing here.

You will see the complete branch address, the area STD code and phone number, the city and state, the day-to-day banking services that are typically offered at the ADARSH COLONY branch, and detailed step-by-step guides for using the IFSC TAUB0001005 across NEFT, RTGS and IMPS rails. A frequently-asked-questions section at the end answers the most common queries we receive about this particular 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 The Akola Urban Cooperative Bank Limited – ADARSH COLONY is TAUB0001005. The first four letters TAUB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001005 map to this branch in AKOLA, MAHARASHTRA.

Branch details at a glance

About the bank

The Akola Urban Cooperative Bank Limited serves retail and corporate customers with a full range of deposit, lending, payments and digital banking products. Its Adarsh Colony branch in Akola, Maharashtra is part of this network and uses the IFSC code TAUB0001005 for all electronic settlement.

Adarsh Colony branch overview

Located at POONAM COMPLEX,INCOME TAX CHOWK,GORAKSHAN ROAD,AKOLA 444002, the Adarsh Colony branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC TAUB0001005 is required for all interbank electronic transfers routed through this branch.

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 Akola Urban Cooperative Bank Limited's ADARSH COLONY branch came to be assigned the code TAUB0001005.

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 TAUB0001005, money simply cannot be routed to the ADARSH COLONY branch electronically.

How to transfer money using IFSC TAUB0001005

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 TAUB0001005 across all three.

How to use IFSC TAUB0001005 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Akola Urban Cooperative Bank Limited's ADARSH COLONY 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 TAUB0001005.
4. Confirm the bank name auto-populates as The Akola Urban Cooperative Bank Limited and the branch as ADARSH COLONY.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

Real-Time Gross Settlement to ADARSH COLONY

If you need to transfer ₹2 lakh or more in one go to an account at The Akola Urban Cooperative Bank Limited's ADARSH COLONY branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC TAUB0001005 while initiating the transfer and the credit will appear within minutes.

Send money instantly through IMPS

For a real-time, anytime transfer to The Akola Urban Cooperative Bank Limited – ADARSH COLONY, use IMPS. With IFSC TAUB0001005 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.

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

All three modes accept the IFSC TAUB0001005 for The Akola Urban Cooperative Bank Limited – ADARSH COLONY, 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 Adarsh Colony 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 TAUB0001005

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 The Akola Urban Cooperative Bank Limited – ADARSH COLONY is still mapped to IFSC TAUB0001005. 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 TAUB0001005 and the beneficiary's account number to complete the transfer.

Products and account variants supported

Every account opened at the Adarsh Colony branch is mapped to IFSC TAUB0001005 on the RBI payments network. The branch generally supports the full retail product catalogue of The Akola Urban Cooperative 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 TAUB0001005.

Banking services available

The Adarsh Colony branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 724-459536.

• 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 TAUB0001005

MICR code & cheque clearing

Apart from IFSC, every cheque book issued by The Akola Urban Cooperative Bank Limited carries a 9-digit MICR (Magnetic Ink Character Recognition) code that is read by cheque-sorting machines. The MICR code, the IFSC TAUB0001005 and the account number together uniquely identify the Adarsh Colony branch and your account. The MICR for this branch is printed at the bottom of your cheque leaves.

Digital banking channels

Most day-to-day work that customers used to do at the Adarsh Colony 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 TAUB0001005 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.

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 Akola Urban Cooperative Bank Limited – ADARSH COLONY:

• The IFSC is exactly TAUB0001005 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills The Akola Urban Cooperative Bank Limited as the bank name and ADARSH COLONY 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 Adarsh Colony branch

The branch is located at POONAM COMPLEX,INCOME TAX CHOWK,GORAKSHAN ROAD,AKOLA 444002, 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 “The Akola Urban Cooperative Bank Limited Adarsh Colony branch” — the verified location pin for IFSC TAUB0001005 should appear at the top of the results.
2. Confirm the branch is open by calling 724-459536 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 TAUB0001005 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC TAUB0001005 for The Akola Urban Cooperative Bank Limited – ADARSH COLONY, 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 Adarsh Colony branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC TAUB0001005, however, work 24x7.

Branch address & contact

Frequently asked questions

Summary

The IFSC code TAUB0001005 belongs to The Akola Urban Cooperative Bank Limited's ADARSH COLONY branch, located at POONAM COMPLEX,INCOME TAX CHOWK,GORAKSHAN ROAD,AKOLA 444002 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.