The Indian Financial System Code (IFSC) is an 11 character alphanumeric code used to identify the bank and its branch in which the account is held. The bank IFSC code is assigned by RBI to distinguish the different branches that are participating in the NEFT system in India. This code is used by the RTGS, NEFT and IMPS systems. This code enables you to access your account from any part of the world to transfer funds.
If you do not know the IFSC Code, or to find IFSC Code of the bank, visit Find IFSC Code of Banks.
If you already have the Bank IFSC Code, and wish to see which Bank Account's IFSC Code it is, the Bank Branch Details, including Address and Phone Number, enter the IFSC Code below.
Please enter the 11 character IFSC Code:
ABHY0065306 is the IFSC Code of Abhyudaya Co-op Bank Mangalore Branch
Abhyudaya Co-op Bank Mangalore IFSC is ABHY0065306. You can use this code to transfer money using NEFT , RTGS and IMPS system. NEFT and IMPS is the quick way to send money from one bank account to another through online transaction. Banks have different IFSC Codes for different branches of their bank. The IFSC Code is unique to each branch.
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Abhyudaya Co-op Bank Mangalore IFSC Code and Other Details
Following are the details of Abhyudaya Co-op Bank - Mangalore (Karnataka) branch.
Result
| Bank: | Abhyudaya Co-op Bank |
| State: | Karnataka |
| District: | Dakshina Kannada |
| Branch: | Mangalore |
| Branch IFSC Code: | ABHY0065306 (Required for RTGS , NEFT and IMPS Transactions) |
| Branch MICR Code: | 575065002 |
| Branch Code: | Last 6 Characters in IFSC Code Represent the Branch Code |
| Branch Address: | LAXMIDAS COMPLEX, MAIDAN RD, OPP. BUS STAND, MANGALORE, 575 001 |
| Branch Contact Details: | 0824-2423067 |
| Website: | https://www.abhyudayabank.co.in/ |
Other Abhyudaya Co-op Bank branch IFSC codes similar to ABHY0065306
ABHY0065301 ABHY0065302 ABHY0065303 ABHY0065304 ABHY0065305Locate Any Bank Branch in India with the Bank IFSC code
NEFT (National Electronic Funds Transfer) is a system that allows people to send funds from the bank to individuals, firms or businesses. RTGS (Real Time Gross Settlement) is a term used to define the continuous settlement of funds transferred on a gross basis by individuals.These systems use the IFSC codes to route the messages to the concerned bank branch.
IFSC code informationThe bank IFSC code is an excellent and unique code for the international electronic payment system. As mentioned above, it is comprised of 11 alphanumeric characters. These characters are defined below:
· The first four digits represent the bank code e.g. ABHY for the Abhyudaya Co-op Bank.
· The 5th digit is a zero by default i.e. 0.
· The last six digits identify the bank branch e.g. 065306
So, the bank IFSC code for Abhyudaya Co-op Bank , Mangalore in Karnataka is ABHY-0-065306. In this way, you can find the IFSC code for your bank by entering the bank name, branch name, state, city and district information.
NEFT / RTGS Holidays in 2015 ( Even Applicable to Abhyudaya Co-op Bank)
Apart from every Sunday, the NEFT and RTGS transactions won't be available on following dates in the year 2015.
Date
Holiday Reason
26 Jan, 2015
Republic Day
01 April, 2015
Annual Closing of Banks
01 July, 2015
Annual Closing of RBI
18 July, 2015
Eid al-Fitr
15 Aug, 2015
Independence Day
02 Oct, 2015
Gandhi Jayanti
22 Oct, 2015
Dussehra
25 Dec, 2015
Christmas Day
On the above days, if both the participating banks (debtor and creditor) support IMPS Funds Transfer, you have an option to transfer funds through IMPS. You can only transfer funds from Re 1 to Rs 2 lakh. You can confirm with your Abhyudaya Co-op Bank, branch if they support this type of transaction. Not all banks support IMPS transactions at the moment. Both the remitter and beneficiary banks should support fund transfer through IMPS system.
What are the transaction charges for NEFT, RTGS and IMPS fund transfer?
Following table gives you the information on how much are the charges for the transactions :
Transaction Charges NEFT RTGS IMPS
Re 1 - Rs 10,000
Rs 2.50 + Service Tax
NA
Rs 5 + Service Tax
Rs 10,000 - Rs 1 lakh
Rs 5 + Service Tax
NA
Rs 5 + Service Tax
Rs 1 lakh - Rs 2 lakh
Rs 15 + Service Tax
NA
Rs 15 + Service Tax
Rs 2 lakh - Rs 5 lakh
Rs 25 + Service Tax
Rs 25 + Service Tax
NA
Rs 5 lakh - Rs 10 lakh
Rs 25 + Service Tax
Rs 50 + Service Tax
NA
The charges in the above table are applicable for the remitter. For RTGS fund transfer, the minimum amount you can transfer / receive is Rs 2lakh.
IFSC codes and financial transactionsThe bank IFSC codes are used by all the electronic funds transfer mechanisms and online banking solutions to know the starting and ending point of each financial transaction. The online transfer of money can be carried out in a more safe and accurate way by using the IFSC codes.
IFSC codes and internet bankingThe IFSC codes have brought about a huge revolution to the internet banking system in India. Apart from managing the NEFT and RTGS, the IFSC codes are used for third-party funds transfer, online banking transactions, and online purchases. The bank IFSC codes enable high security and precision and give a unique identification to each bank. This helps in the coordination and successful exchange of funds between the sender and the recipient bank.
IFSC code and IMPS (Immediate Payment Service)IMPS is known as Interbank Mobile Payment Service or Immediate Payment Service. IMPS transaction can be done any time, it is 24 x 7 operating, unlike NEFT transaction which is bound to timings and the day. IMPS is available even on Sundays and bank holidays. The beneficiary account is credited immediately when a Fund Transfer request is made through your Mobile phone / Internet Banking. The minimum amount that can be remitted through IMPS is Re 1, while the maximum amount is Rs 2 lakh. If you want to transfer money above 2 lakh, you have 2 options, through NEFT or RTGS. IMPS transactions are charged at slightly higher than NEFT. For amounts upto Rs 10,000 , Rs 5 + service tax. (as on 09-06-2015). You can use ABHY0065306 IFSC Code for IMPS fund transfer . NEFT, RTGS and IMPS share a common IFSC Code assigned by RBI to locate different branches (for eg: Mangalore Dakshina Kannada branch, Abhyudaya Co-op Bank IFSC Code is ABHY0065306) .
How to use IFSC code for PayPal NEFT?To send money via PayPal NEFT, you’ll need to enter the name of the bank of the account holder, the branch location, the name of the account holder and the IFSC code. If a beneficiary has not provided you the IFSC code, you can find it online. Once you’ve found the IFSC code, you can list the beneficiary on your PayPal account. You can now carry out the PayPal NEFT by simply entering the person’s email address.
IFSC codes and mobile appsThere are some mobile apps that enable you to get the bank IFSC codes. One of the apps is named as ‘IFSC code’. This app will allow you to save and share the IFSC codes, and it contains all states, districts, cities and branches names, branch locations, contact details,