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Akola Merchant Co-operative Bank IFSC codes: old codes and the new The Jalgaon People’s Co-operative Bank Ltd, Maharashtra codes

Akola Merchant Co-operative Bank merged into The Jalgaon People’s Co-operative Bank Ltd, Maharashtra in the year 2023-24 (April to March). Every branch became a branch of The Jalgaon People’s Co-operative Bank Ltd, Maharashtra and got a new IFSC code.

Source: the list of de-registered banks of DICGC, the deposit insurer owned by the Reserve Bank of India, which records this bank as merged or amalgamated with The Jalgaon People’s Co-operative Bank Ltd, Maharashtra.

What this page lists

2 old codes of Akola Merchant Co-operative Bank that were in the lists of the Reserve Bank between December 2006 and the merger and are not in use now. For 0 of them we show the new code, found by matching the branch name and place in the current list of The Jalgaon People’s Co-operative Bank Ltd, Maharashtra. Confirm it with the bank before a payment. Where no single branch matched, the page says so instead of guessing: some branches were closed or joined with a nearby branch after the merger.

Old codes of Akola Merchant Co-operative Bank

Branch thenPlaceOld IFSC codeNew bank codeLast listed
Akola Merchant Coop Bank Head OfficeAkolaYESB0AMCB01Not matched: see what to do2024-04
Akola Merchant Coop Bank AkotAkotYESB0AMCB02Not matched: see what to do2024-04

Is my money safe?

Yes. In a merger every account, deposit and loan moves to the bank that took over, with the same balance. Only the names and codes change: the IFSC code, usually the MICR code, the cheque book, and sometimes the account number.

What to do if you still have the old code

  1. If you are paying someone: ask them for the new code, or find it here and confirm it with them. A payment to the old code is refused and the money returns to your account.
  2. If it is your own account: use the code printed on your new cheque book or passbook, or shown in the bank's app. Give the new code to your employer, tenants, clients, mutual funds, insurers and the income tax portal, so salaries, refunds and SIP or EMI debits keep working.
  3. Old cheques: cheque books of the merged bank stopped being accepted after a notice period. Ask your branch for a new one.

Check an old code

11 characters: 4 letters, a zero, then 6 letters or digits. You see the bank, branch, address and MICR code. An old code of a merged or closed bank works too: you see what happened to it.

Questions

What is the new IFSC code of my Akola Merchant Co-operative Bank branch?

Find the branch in the list on this page, or type the old code in the checker. Where a new The Jalgaon People’s Co-operative Bank Ltd, Maharashtra code is known it is shown next to the old one.

Do old Akola Merchant Co-operative Bank IFSC codes still work?

They are no longer in the list of the Reserve Bank, and the branches now have codes of The Jalgaon People’s Co-operative Bank Ltd, Maharashtra. A payment to an old code is likely to be refused and returned, so use the new code.

Did my account number change after the merger?

In some mergers account numbers stayed the same and in others they changed when the accounts moved to the new bank's computer system. Your passbook, statement or the bank's app shows the number in use now.

Old codes come from the lists published since December 2006. Current data as of 1 September 2026. All merged and closed banks