Almora Urban Cooperative Bank Limited

RBI has allotted IFSC codes to all the bank branches in India to easily identify transactions done through a particular branch. IFSC codes are unique 11-digit codes with alphanumeric characters, which are given to all bank branches and the code won't repeat. It is mandatory to enter IFSC code or MICR code to identify the branches to perform fund or cash transactions. Without this code the bank branches can't transfer funds.

These codes help the users to ensure that the transferred funds go to the right person, without any errors.

For example, we can take Almora Urban Cooperative Bank Limited IFSC code: "AUCB0000040" - IFSC Code of Almora Urban Cooperative Bank Limited branch in Konark Complex, Almora, Uttarakhand.

• Here, the first four alphabets, AUCB, indicate the bank name, i.e., Almora Urban Cooperative Bank Limited,
• The fifth digit is 0 (zero) - provided for future use
• The last six digits 000040 - denotes a particular branch of Konark Complex Almora in Almora City.

The Indian Financial System Code in short denoted as IFSC is used for online payment applications like Real Time Gross Settlement (RTGS), National Electronic Funds Transfer (NEFT), Immediate Payment Service (IPM), from one bank to another through electronic Instant Mobile Money Transfer service (IMPS), and Centralized Funds Management System (CFMS) instructed by RBI.

RBI has allotted IFSC codes for all banks in India to find out the branches when money transfers take place. According to RBI guidelines, the IFSC code is mandatory for interbank transfers via, NEFT and RTGS to any bank in India. With help of IFSC codes and MICR codes, the online fund transfers are made easy without any confusion. The first four Characters mentioned in IFSC code denote the bank names and the last six digits helps to identify the bank branch name involved in the transaction. The fifth digit is zero for all banks which is next to alphabets provided for future use. This code helps to avoid the risk factor while sending and receiving funds through banks in our country and it makes sure that the money reaches the right account holder at the specified branch.

Easy way to find Almora Urban Cooperative Bank Limited IFSC Code and MICR Code?

If the customer knows the full name of the bank and its branch location, then it is easy to find IFSC codes and MICR codes within a few seconds. The customer can find MICR codes and IFSC codes which are printed on passbook and cheque books/ leaves issued by Bank of Baroda. The website of Reserve Bank of India also offers the entire list of IFSC codes required for the account holder. The customers can also enter into the bank's official website. Some of the third party financial websites or other advertisement websites are also rendering the service to get IFSC codes of any bank and its branches located in India.

Some of the popular financial comparison sites display the table carrying IFSC codes for Bank of Baroda's branches throughout India. Any account holder visiting the website has to choose the Bank IFSC code link present on the home page. Customers by clicking the link will lead to another page where four columns are displayed. Customers must feed some bank details like the state in which it is located, the district in which it is located and branch name to get IFSC codes or MICR codes for Almora Urban Cooperative Bank Limited. The website displays all details about the bank such as the phone number, address of the branch, name, branch code etc.

Almora Urban Cooperative Bank Limited Branch Details

• Uttarakhand

ABOUT ALMORA URBAN CO-OPERATIVE BANK

• Almora Urban Cooperative Bank Limited at Lucknow in India was established in 1991. It has almost 102 branches and headquarters at Lucknow. It provides all financial services to its customers like saving deposit, fixed deposit, recurring deposit, home loans, personal loan, car loan, education loan, gold loan, PPF account, lockers, netbanking, mobile banking, RTGS, NEFT, IMPS, E-Wallet. Atal Pension Yojana, Pradhan MantriJandhanYojana, Pradhan MantriSurakshaBimaYojana, Pradhan MantriJeevanJyotiBimaYojana and many more.


• At present this bank has nearly 102 branches across India and has branches in 11 Districts of Uttarakhand State. The district names are Almora, Bageshwar, Champawat, Dehradun (2), Haridwar, Nainital, Pithoragarh, TehriGarhwalandUdham Singh Nagar. The saving bank accounts can be opened with a sum of Rs.200 or more. The account holder should always maintain a credit balance of Rs.200. They can withdraw only twice a week.


• Since the bank opened its first office in Almora have been a strong proponent of the local community and helping one another. It believes in supporting the community and in patronizing local businesses. For 30 years, this bank has been serving the financial needs of the community offering a variety of personal banking products, business banking products and loan products that compare favourably with other financial institutions. Today the bank has expanded its branch network in many districts of Uttarakhand State.


• Almora Urban Bank's philosophy is to provide a range of financial products to its customers with hospitality and service with a theme of "Bank Local" with the bank that is a part of the local community.


• With cut throat competition in the banking field and facing many challenges of globalization and reforms, the bank earns profit and pays dividends to the shareholders. From the view of social welfare, the bank formulated various schemes for the up-liftment and welfare of the weaker section by providing educational loans at low rates of interest, banking service to senior citizens, handicapped and women with extra care.


• It also provides customer service, such as Franking, D-mat, General Insurance etc,. The bank played an active role in various water & other charitable activities. It was honoured with the title as "Excellent Schedule Bank" given by the Vidarbha Urban Co-op Bank Association Nagpur. The bank is progressing multifold with the cooperation of all the directors and their vision & ceaseless efforts has laid the foundation of a strong & vibrant institution.

The Products and Services

The bank products are Home Loan, Education Loan, Car Loan, Gold Loan, RD Interest Rates, PPF Account, Personal Loan, Business Loan, Two Wheeler Loan, FD Interest Rates, Bank's ATMs. It provides a range of Home Loan Schemes specially designed according to the needs of customers. The rate of interest is very competitive and affordable and requires minimal documentation. It also provides flexible repayment options to its customers. The home loans are approved quickly and easy to get. It has a dedicated team of well-experienced employees which also offer personalized service and assistance of 24/7 customer care service to the customers. The purpose of lending is to purchase or construct a new or old house or flat. Customers who want to repair, renovate, extend, alter an existing house also approach for a loan. People willing to buy a ready flat or house from housing societies or State Government Housing Board or private builders can get a loan. It also provides loans to buy consumer durables for a new house under the Total Home Loan Scheme.

In case of prepayment of Almora Urban Cooperative Bank Home Loan, the customers have options to change it as EMI. One can pre-pay it without any prepayment charges as it allows prepayment at nil charges in case of floating rate home loans. If the customer makes a prepayment, the outstanding balance of the principal amount of home loan reduces.

For further details contact
Almora Urban Cooperative Bank Limited located at Gururani Complex Lala Bazar Almora,
Uttarakhand
India.
Phone no. 05962 - 231947, 230743,
e-mail ID: feedback@almoraurbanbank.com