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

If you are searching for the IFSC code of The Akola Urban Cooperative Bank Limited, KALBADEVI branch in MUMBAI, MAHARASHTRA, this page has every detail you need. The verified IFSC code for this branch is TAUB0001020. 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 KALBADEVI branch, and detailed step-by-step guides for using the IFSC TAUB0001020 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.

An IFSC (Indian Financial System Code) is an 11-character alphanumeric code issued by the Reserve Bank of India. It uniquely identifies every bank branch that participates in the RBI's electronic fund-transfer systems – NEFT, RTGS and IMPS. The first four characters represent the bank, the fifth is always a zero (reserved for future use), and the last six characters identify the specific branch.

For The Akola Urban Cooperative Bank Limited's KALBADEVI branch, the IFSC TAUB0001020 breaks down as follows: TAUB identifies the bank, 0 is the reserved character, and 001020 identifies this particular branch.

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 Kalbadevi branch in Mumbai, Maharashtra is part of this network and uses the IFSC code TAUB0001020 for all electronic settlement.

About this branch

The branch is located at 19/21-23,KARNANI HOUSE VITHOBA LANE,VITTHAL WADI KALBADEVI ROAD. 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 The Akola Urban Cooperative Bank Limited. The IFSC TAUB0001020 is used to identify this branch on the RBI payments network.

Branch details at a glance

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 KALBADEVI of The Akola Urban Cooperative Bank Limited — its own 11-character IFSC. The code TAUB0001020 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 TAUB0001020 the same way you would treat your account number — verify it once and save it carefully for future use.

MICR & cheque-truncation details

Cheques drawn on the Kalbadevi branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC TAUB0001020 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.

How to transfer money using IFSC TAUB0001020

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 TAUB0001020 across all three.

NEFT to The Akola Urban Cooperative Bank Limited, KALBADEVI using IFSC TAUB0001020

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 TAUB0001020, and confirm that the system picks up The Akola Urban Cooperative Bank Limited – KALBADEVI. Submit the transfer request, authenticate with OTP, and the amount will reach the beneficiary in the next clearing cycle.

Real-Time Gross Settlement to KALBADEVI

If you need to transfer ₹2 lakh or more in one go to an account at The Akola Urban Cooperative Bank Limited's KALBADEVI branch, RTGS is the right channel. Each transaction is settled individually in real time. Use IFSC TAUB0001020 while initiating the transfer and the credit will appear within minutes.

IMPS to The Akola Urban Cooperative Bank Limited KALBADEVI (IFSC TAUB0001020)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC TAUB0001020 in your mobile or internet banking app, and the money is credited to the KALBADEVI branch account within seconds.

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

All three modes accept the IFSC TAUB0001020 for The Akola Urban Cooperative Bank Limited – KALBADEVI, 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 Kalbadevi 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 KALBADEVI branch, the IFSC TAUB0001020 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.

Account types you can open at the Kalbadevi branch

Once you have an account at The Akola Urban Cooperative Bank Limited – KALBADEVI, the IFSC TAUB0001020 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.

Banking services available

The Kalbadevi branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 22-22414501.

• 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 TAUB0001020

Online banking and IFSC TAUB0001020

The Akola Urban Cooperative Bank Limited customers can register for net banking and the bank's official mobile app once their account at the KALBADEVI 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 TAUB0001020 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.

Reaching the branch

The Kalbadevi branch sits at 19/21-23,KARNANI HOUSE VITHOBA LANE,VITTHAL WADI KALBADEVI ROAD. If you are travelling from outside Mumbai, search for the branch on a maps application using the bank name and locality, or call 22-22414501 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 TAUB0001020 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 The Akola Urban Cooperative Bank Limited – KALBADEVI:

• The IFSC is exactly TAUB0001020 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 KALBADEVI 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 Kalbadevi branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC TAUB0001020, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC TAUB0001020 for The Akola Urban Cooperative Bank Limited – KALBADEVI, 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 address & contact

Frequently asked questions

Summary

The IFSC code TAUB0001020 belongs to The Akola Urban Cooperative Bank Limited's KALBADEVI branch, located at 19/21-23,KARNANI HOUSE VITHOBA LANE,VITTHAL WADI KALBADEVI ROAD in MUMBAI, 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.