IFSC Code of The Akola-Washim District Central Cooperative Bank Ltd Akola, Paras Branch Branch, Maharashtra

Below are the complete branch details for The Akola-Washim District Central Cooperative Bank Ltd Akola, PARAS BRANCH branch, located in PARAS, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is ADCC0000055. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.

The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case ADCC0000055 for The Akola-Washim District Central Cooperative Bank Ltd Akola – PARAS BRANCH — saves you from rejected transfers, returned credits and the back-and-forth that follows them.

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-Washim District Central Cooperative Bank Ltd Akola – PARAS BRANCH is ADCC0000055. The first four letters ADCC are the bank's identifier, the fifth digit is reserved as 0, and the trailing six characters 000055 map to this branch in PARAS, MAHARASHTRA.

Bank profile

The Akola-Washim District Central Cooperative Bank Ltd Akola is among the recognised banks listed on the Reserve Bank of India's payments network. The Paras Branch branch — IFSC ADCC0000055 — extends the bank's services to customers in and around Paras, Maharashtra.

Paras Branch branch overview

Located at THE AKOLA-WASHIM DISTRICT CENTRAL COOP. BANK LTD.,BRANCH PARAS, AT. PO. PARAS, TQ. BALAPUR, DIST.AKOLA. 444109, the Paras Branch branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC ADCC0000055 is required for all interbank electronic transfers routed through this branch.

Branch details at a glance

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-Washim District Central Cooperative Bank Ltd Akola's PARAS BRANCH branch came to be assigned the code ADCC0000055.

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 ADCC0000055, money simply cannot be routed to the PARAS BRANCH branch electronically.

MICR & cheque-truncation details

Cheques drawn on the Paras Branch branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC ADCC0000055 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 ADCC0000055

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 ADCC0000055 across all three.

How to use IFSC ADCC0000055 for an NEFT transfer

NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to The Akola-Washim District Central Cooperative Bank Ltd Akola's PARAS BRANCH 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 ADCC0000055.
4. Confirm the bank name auto-populates as The Akola-Washim District Central Cooperative Bank Ltd Akola and the branch as PARAS BRANCH.
5. Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.

RTGS transfers via IFSC ADCC0000055

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 The Akola-Washim District Central Cooperative Bank Ltd Akola – PARAS BRANCH, ensure your bank's portal accepts IFSC ADCC0000055 while registering the beneficiary. RTGS is also available 24x7.

IMPS to The Akola-Washim District Central Cooperative Bank Ltd Akola PARAS BRANCH (IFSC ADCC0000055)

IMPS (Immediate Payment Service) offers instant, 24x7 fund transfers up to ₹5 lakh per transaction. Provide the beneficiary's account number along with IFSC ADCC0000055 in your mobile or internet banking app, and the money is credited to the PARAS BRANCH branch account within seconds.

Comparing NEFT, RTGS and IMPS for transfers to Paras Branch

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 ADCC0000055:

• 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 PARAS BRANCH is still linked to IFSC ADCC0000055.

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 ADCC0000055

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-Washim District Central Cooperative Bank Ltd Akola – PARAS BRANCH is still mapped to IFSC ADCC0000055. 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 ADCC0000055 and the beneficiary's account number to complete the transfer.

Account types you can open at the Paras Branch branch

Once you have an account at The Akola-Washim District Central Cooperative Bank Ltd Akola – PARAS BRANCH, the IFSC ADCC0000055 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 Paras Branch branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 724-2414275.

• 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 ADCC0000055

Online banking and IFSC ADCC0000055

The Akola-Washim District Central Cooperative Bank Ltd Akola customers can register for net banking and the bank's official mobile app once their account at the PARAS BRANCH 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 ADCC0000055 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 Paras Branch branch sits at THE AKOLA-WASHIM DISTRICT CENTRAL COOP. BANK LTD.,BRANCH PARAS, AT. PO. PARAS, TQ. BALAPUR, DIST.AKOLA. 444109. If you are travelling from outside Paras, search for the branch on a maps application using the bank name and locality, or call 724-2414275 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 ADCC0000055 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-Washim District Central Cooperative Bank Ltd Akola – PARAS BRANCH:

• The IFSC is exactly ADCC0000055 with no extra spaces.
• The beneficiary's account number matches what they shared, digit for digit.
• The portal auto-fills The Akola-Washim District Central Cooperative Bank Ltd Akola as the bank name and PARAS BRANCH 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 Paras Branch branch is closed on the 2nd and 4th Saturdays, all Sundays and on national or regional bank holidays. Online channels using IFSC ADCC0000055, however, work 24x7.

Other ways to verify the IFSC code

While this page already lists the verified IFSC ADCC0000055 for The Akola-Washim District Central Cooperative Bank Ltd Akola – PARAS BRANCH, 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 ADCC0000055 belongs to The Akola-Washim District Central Cooperative Bank Ltd Akola's PARAS BRANCH branch, located at THE AKOLA-WASHIM DISTRICT CENTRAL COOP. BANK LTD.,BRANCH PARAS, AT. PO. PARAS,… in PARAS, 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.