IFSC Code ASBL0000062 - Apna Sahakari Bank Limited Chembur
SHOP NO E4/5/6 MARY LAND APT. CHS SANDU WADI CHEMBUR
Quick Info
IFSC: ASBL0000062
District: GREATER BOMBAY
Status: Active
About Apna Sahakari Bank Limited Chembur
IFSC Code ASBL0000062 belongs to Apna Sahakari Bank Limited Chembur branch located in Mumbai, Greater Bombay, Maharashtra. This branch serves customers in Mumbai, Greater Bombay, Maharashtra and surrounding areas.
Understanding IFSC Code ASBL0000062
The IFSC (Indian Financial System Code) ASBL0000062 is an 11-character alphanumeric code assigned by the Reserve Bank of India (RBI) to uniquely identify this specific bank branch. The code structure follows a specific format:
- First 4 characters (ASBL): Bank code identifying Apna Sahakari Bank Limited
- 5th character (0): Reserved for future use (always 0)
- Last 6 characters (000062): Unique branch identifier for Chembur
Electronic Fund Transfer Services
IFSC Code ASBL0000062 is essential for all electronic fund transfers in India. This code ensures that money transfers are routed to the correct bank branch. The following payment systems use IFSC codes:
NEFT (National Electronic Funds Transfer)
Batch processing system for fund transfers. Available Yes at this branch.
Processing: Multiple batches daily, typically settles within 2 hours during banking hours.
RTGS (Real Time Gross Settlement)
Real-time fund transfer for high-value transactions (minimum ₹2 lakh). Available Yes at this branch.
Processing: Real-time settlement, typically within minutes during RTGS hours.
IMPS (Immediate Payment Service)
24/7 instant fund transfer service via mobile or internet banking. Available Yes at this branch.
Processing: Instant transfer, available 24/7 including holidays.
UPI (Unified Payments Interface)
Instant mobile payment system using UPI ID or QR code. Available Yes at this branch.
Processing: Instant transfer, available 24/7, no IFSC code needed for UPI transactions.
Branch Location and Accessibility
The Apna Sahakari Bank Limited Chembur branch is located at SHOP NO E4/5/6 MARY LAND APT. CHS SANDU WADI CHEMBUR in Mumbai, Greater Bombay, Maharashtra. This location serves customers in Mumbai, Greater Bombay, Maharashtra and nearby areas. When initiating any electronic fund transfer to an account held at this branch, you must use IFSC Code ASBL0000062 to ensure the transaction is routed correctly.
How to Use IFSC Code ASBL0000062
When making online fund transfers to an account at this branch, you will need:
- IFSC Code: ASBL0000062 (for NEFT, RTGS, IMPS)
- Account Number: The recipient's account number
- Account Holder Name: As registered with the bank
Finding Other Apna Sahakari Bank Limited Branches
If you're looking for other Apna Sahakari Bank Limited branches in Mumbai, Greater Bombay, Maharashtra or nearby areas, use our Apna Sahakari Bank Limited branch finder. You can search by city, district, or state to find all Apna Sahakari Bank Limited branches with their respective IFSC codes.
Branch Details
| IFSC Code: | ASBL0000062 |
| Bank Name: | Apna Sahakari Bank Limited |
| Branch Name: | Chembur |
| Address: | SHOP NO E4/5/6 MARY LAND APT. CHS SANDU WADI CHEMBUR |
| City: | Mumbai |
| District: | Greater Bombay |
| State: | Maharashtra |
Payment Services Available
Apna Sahakari Bank Limited Chembur Branch IFSC Code ASBL0000062 — Complete Banking Guide for Mumbai, Maharashtra
IFSC code ASBL0000062 belongs to the Chembur branch of Apna Sahakari Bank Limited in Mumbai, Greater Bombay district, Maharashtra. This 11-character code, assigned by the Reserve Bank of India, is mandatory for all digital fund transfers — NEFT, RTGS, IMPS, and UPI. Every payment initiated to an account at this branch must include IFSC ASBL0000062 to ensure accurate routing through India's centralised payment infrastructure. Providing an incorrect IFSC may delay or fail the transaction, so always verify the code before confirming any transfer.
About Apna Sahakari Bank Limited, Chembur Branch
The Chembur branch of Apna Sahakari Bank Limited in Mumbai, Maharashtra serves retail and corporate customers in Greater Bombay district with a full range of banking products. Services typically include savings and current accounts, fixed and recurring deposits, personal and home loans, vehicle finance, trade finance, locker facilities, and wealth management. The branch also supports digital banking — internet banking, mobile banking, UPI, and contactless debit/credit card issuance. Its IFSC ASBL0000062 is the key identifier for all fund transfers routed to accounts at this location through RBI's payment systems.
Payment Methods Using IFSC ASBL0000062
Four primary digital payment rails use IFSC ASBL0000062 for transfers to Apna Sahakari Bank Limited, Chembur: NEFT — batch-based, 48 half-hourly settlements daily, no minimum amount, ideal for regular transfers; RTGS — real-time, 24×7, minimum ₹2 lakh, used for high-value transactions; IMPS — instant, 24×7, up to ₹5 lakh, best for urgent transfers; UPI — uses Virtual Payment Address (VPA) linked to accounts at this branch, instant and zero-cost for most transactions. For each method, the sender's bank verifies IFSC ASBL0000062 against the RBI IFSC master list before processing the payment.
MICR Code and Branch Details
In addition to the IFSC, the Chembur branch of Apna Sahakari Bank Limited in Mumbai carries a MICR (Magnetic Ink Character Recognition) code — a 9-digit number printed on cheques that identifies the bank, city, and branch for cheque clearing through the MICR-based clearing system. While NEFT/RTGS/IMPS use the IFSC ASBL0000062 exclusively for electronic transfers, MICR remains relevant for paper-based cheque processing. Both codes are listed on this page for complete branch reference.
How to Verify IFSC ASBL0000062 Before Transferring
Before initiating any high-value transfer to IFSC ASBL0000062, verify the code through: (1) the RBI's official IFSC repository at rbi.org.in; (2) Apna Sahakari Bank Limited's official website branch locator; (3) MahaFind's IFSC lookup — the page you are currently viewing. Cross-reference the branch address and bank name displayed here against the details provided by your recipient to confirm accuracy. A mismatch in even one character of the IFSC can reroute your transfer to a different branch entirely.
FAQs — Apna Sahakari Bank Limited Chembur, Mumbai IFSC
What is the IFSC of Apna Sahakari Bank Limited Chembur in Mumbai?
The IFSC of Apna Sahakari Bank Limited, Chembur branch in Mumbai, Maharashtra is ASBL0000062. Use this for NEFT, RTGS, IMPS, and UPI transfers to any account at this branch.
What is the minimum amount for NEFT to IFSC ASBL0000062?
There is no minimum amount for NEFT transfers. You can send as little as ₹1. RTGS requires a minimum of ₹2 lakh. IMPS supports up to ₹5 lakh per transaction. All three use IFSC ASBL0000062 to route funds to Apna Sahakari Bank Limited, Chembur, Mumbai.
Who assigns IFSC codes like ASBL0000062?
The Reserve Bank of India (RBI) assigns all IFSC codes in India. Apna Sahakari Bank Limited applied for the IFSC for its Chembur branch in Mumbai, and RBI issued ASBL0000062 as the unique identifier. The complete list of valid IFSCs is maintained in RBI's IFSC master directory.
Can I use IFSC ASBL0000062 for UPI payments?
UPI payments are linked to a Virtual Payment Address (VPA) rather than an IFSC directly, but the underlying account is mapped to IFSC ASBL0000062 at Apna Sahakari Bank Limited, Chembur, Mumbai. When sending money via NEFT/RTGS/IMPS to this branch's account holders, always use IFSC ASBL0000062.
About IFSC Code ASBL0000062
IFSC Code ASBL0000062 belongs to Apna Sahakari Bank Limited branch Chembur located in Mumbai, Greater Bombay, Maharashtra.
Branch Information
- IFSC Code: ASBL0000062
- Bank: Apna Sahakari Bank Limited
- Branch: Chembur
- Address: SHOP NO E4/5/6 MARY LAND APT. CHS SANDU WADI CHEMBUR
- City: Mumbai
- District: Greater Bombay
- State: Maharashtra
Payment Services
- NEFT: Available
- RTGS: Available
- IMPS: Available
- UPI: Available