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

If you are searching for the IFSC code of The Akola Urban Cooperative Bank Limited, RAJAPETH branch in AMRAVATI, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is TAUB0001019. 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 RAJAPETH branch, and detailed step-by-step guides for using the IFSC TAUB0001019 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 – RAJAPETH is TAUB0001019. The first four letters TAUB are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 001019 map to this branch in AMRAVATI, MAHARASHTRA.

Bank profile

The Akola Urban Cooperative Bank Limited is among the recognised banks listed on the Reserve Bank of India's payments network. The Rajapeth branch — IFSC TAUB0001019 — extends the bank's services to customers in and around Amravati, Maharashtra.

Branch details at a glance

About this branch

The branch is located at BHAGWAT BUNGLOW,HOTEL NEWEDYAM,RAJAPETH,AMRAVATI. It serves the Amravati 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 Akola Urban Cooperative Bank Limited. The IFSC TAUB0001019 is used to identify this branch on the RBI payments network.

Why every The Akola Urban Cooperative 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 RAJAPETH of The Akola Urban Cooperative Bank Limited — its own 11-character IFSC. The code TAUB0001019 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 TAUB0001019 the same way you would treat your account number — verify it once and save it carefully for future use.

Account types you can open at the Rajapeth branch

Once you have an account at The Akola Urban Cooperative Bank Limited – RAJAPETH, the IFSC TAUB0001019 stays the same regardless of the type of account you hold. The branch typically supports the following options:

• Savings account — for individuals, with chequebook, ATM card and net-banking access.
• Current account — for sole proprietors, partnerships and companies that need higher transaction volumes.
• Salary account — opened in bulk for corporate employees, often with zero-balance benefits.
• NRE / NRO accounts — for non-resident Indians who want to repatriate or maintain rupee balances in India.
• Fixed deposit and recurring deposit — term-based investment accounts with quarterly or cumulative interest.
• Senior citizen accounts — concessional minimum balance and a small interest rate premium on FDs.
• Minor and student accounts — operated jointly with a guardian until the customer turns 18.

Eligibility, minimum balance and KYC requirements vary by product. Speak to a relationship officer at the branch for the latest schedule of charges and interest rates.

Products and services

Customers walking into the Rajapeth branch can access most of The Akola Urban Cooperative 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 TAUB0001019

How to transfer money using IFSC TAUB0001019

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 TAUB0001019 across all three.

NEFT to The Akola Urban Cooperative Bank Limited, RAJAPETH using IFSC TAUB0001019

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 TAUB0001019, and confirm that the system picks up The Akola Urban Cooperative Bank Limited – RAJAPETH. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to RAJAPETH

If you need to transfer ₹2 lakh or more in one go to an account at The Akola Urban Cooperative Bank Limited's RAJAPETH branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC TAUB0001019 while initiating the transfer and the credit will appear within minutes.

IMPS to The Akola Urban Cooperative Bank Limited RAJAPETH (IFSC TAUB0001019)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC TAUB0001019 in your mobile or internet banking app, and the money is credited to the RAJAPETH branch account within seconds.

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

All three modes accept the IFSC TAUB0001019 for The Akola Urban Cooperative Bank Limited – RAJAPETH, 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 Rajapeth 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.

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 Akola Urban Cooperative Bank Limited's RAJAPETH branch, the IFSC TAUB0001019 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.

Digital banking channels

Most day-to-day work that customers used to do at the Rajapeth 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 TAUB0001019 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.

MICR & cheque-truncation details

Cheques drawn on the Rajapeth branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC TAUB0001019 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

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 – RAJAPETH:

• The IFSC is exactly TAUB0001019 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 RAJAPETH 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.

Reaching the branch

The Rajapeth branch sits at BHAGWAT BUNGLOW,HOTEL NEWEDYAM,RAJAPETH,AMRAVATI. If you are travelling from outside Amravati, search for the branch on a maps application using the bank name and locality, or call 721-2575501 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC TAUB0001019 and your account number.

Other ways to verify the IFSC code

While this page already lists the verified IFSC TAUB0001019 for The Akola Urban Cooperative Bank Limited – RAJAPETH, 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 Rajapeth branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC TAUB0001019, however, work 24x7.

Branch address & contact

Frequently asked questions

Final notes

To recap: TAUB0001019 is the IFSC code of The Akola Urban Cooperative Bank Limited, RAJAPETH branch, in AMRAVATI, 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.