For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Ahmednagar Zilla Prathmik Shikshak branch in Ahmadnagar, Ahmadnagar, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SAZP01. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Ahmednagar Zilla Prathmik Shikshak, Ahmadnagar
Here are the main details that are associated with the IFSC Code UTIB0SAZP01 of Axis Bank for its branch located in Ahmadnagar, within the district of Ahmadnagar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SAZP01 |
| Branch | Ahmednagar Zilla Prathmik Shikshak |
| City | Ahmadnagar |
| District | Ahmadnagar |
| State | Maharashtra |
| Address | Aikya Mandir Anandi Bazar Ahmednagar 414001 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Ahmadnagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SAZP01 for the Ahmednagar Zilla Prathmik Shikshak branch of Axis Bank has a very important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0SAZP01 is given to every bank branch, including Axis Bank located in Ahmednagar Zilla Prathmik Shikshak, Ahmadnagar, Maharashtra, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Ahmadnagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Ahmadnagar and Ahmadnagar.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Ahmednagar Zilla Prathmik Shikshak doesn't end up at another location.
Format of the IFSC Code UTIB0SAZP01
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ahmednagar Zilla Prathmik Shikshak in Ahmadnagar.
For example, the IFSC Code UTIB0SAZP01 of Axis Bank for the Ahmednagar Zilla Prathmik Shikshak branch includes these elements, identifying the bank and the branch location in Ahmadnagar and Maharashtra accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0SAZP01 of Axis Bank for its Ahmednagar Zilla Prathmik Shikshak branch located in Ahmadnagar, the following methods can help:
Cheque Book
The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Ahmadnagar and Ahmadnagar, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for Ahmednagar Zilla Prathmik Shikshak or Ahmadnagar to get the exact IFSC Code UTIB0SAZP01.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Ahmadnagar, then it will provide you proper information.
How to Use IFSC Code UTIB0SAZP01 for Online Transfers?
If you have the IFSC Code UTIB0SAZP01 for the Ahmednagar Zilla Prathmik Shikshak branch of Axis Bank in Ahmadnagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0SAZP01. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0SAZP01.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Ahmednagar Zilla Prathmik Shikshak in Ahmadnagar, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Ahmednagar Zilla Prathmik Shikshak, here are some of the ways you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Knowing both IFSC and MICR code can help account holders in Ahmadnagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ahmednagar Zilla Prathmik Shikshak Ahmadnagar branch is UTIB0SAZP01.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Aikya Mandir Anandi Bazar Ahmednagar 414001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.