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Akola Janata Commercial Co-operative Bank · Nagpur

AKJB0000020: Akola Janata Commercial Co-operative Bank, Nagpur

IFSC code AKJB0000020 belongs to the Nagpur branch of Akola Janata Commercial Co-operative Bank in Nagpur, Maharashtra. Its MICR code is 440364002.

IFSC
AKJB0000020
MICR
440364002
Bank
Akola Janata Commercial Co-operative Bank
Branch
Nagpur
District
Nagpur
State
Maharashtra
Phone
+917122772314

Branch address

Akola Janata Commercial Co-operative Bank
Servodaya Cloth Market,Gandhi Baug,Nagpur PIN 440 002

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Payment systems

SystemOn RBI's list for this branchWhat it is for
NEFTYesTransfers of any amount, settled in half-hourly batches, all day
RTGSYesLarge transfers (₹2 lakh and above), settled one by one in real time
IMPSYesInstant transfers, any time, usually for smaller amounts
UPINot markedPayments by UPI ID or mobile number from apps

Reading this IFSC

AKJB is Akola Janata Commercial Co-operative Bank's bank code, the fifth character 0 is kept for future use, and 000020 is the code of the Nagpur branch. In the MICR code 440364002, 440 is the city, 364 the bank and 002 the branch.

IFSC and your loan

When you take a loan through Oxon Fintech, the lending partner (a bank or NBFC) pays the money straight into your own bank account, so the application asks for your account number and its IFSC. Check both against your passbook or cheque book: a wrong IFSC can delay the payment. Oxon never asks for your OTP, PIN, CVV or passwords.

Data: the Reserve Bank of India's list of NEFT and RTGS bank branches, as compiled by Razorpay's open-source IFSC dataset. Bank details change from time to time (branches merge, move or close); confirm the IFSC with your bank or on your cheque book before you send money. Oxon Fintech is a loan platform, not a bank, and is not linked to the banks listed.

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Common questions.

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  1. The IFSC of Akola Janata Commercial Co-operative Bank's Nagpur branch (Nagpur, Maharashtra) is AKJB0000020.

  2. 440364002. MICR is printed at the bottom of the branch's cheques.

  3. Servodaya Cloth Market,Gandhi Baug,Nagpur PIN 440 002

  4. RBI's list shows this branch on NEFT, RTGS and IMPS. Use the IFSC AKJB0000020 with the beneficiary's account number.

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