There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Ahmednagar Zilla Prathmik Shikshak branch in Ahmadnagar, Ahmadnagar, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Ahmadnagar or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UTIB0SAZP02. You should know how the IFSC Code works and how it helps 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 UTIB0SAZP02 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 UTIB0SAZP02
Branch Ahmednagar Zilla Prathmik Shikshak
City Ahmadnagar
District Ahmadnagar
State Maharashtra
Address Gurukul Lal Taki Road Ahmednagar 414001

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Ahmadnagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0SAZP02 for the Ahmednagar Zilla Prathmik Shikshak branch of Axis Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Ahmednagar Zilla Prathmik Shikshak, Ahmadnagar, Maharashtra, are allotted a unique IFSC like UTIB0SAZP02 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Ahmadnagar.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Ahmadnagar and Ahmadnagar.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Axis Bank in Ahmednagar Zilla Prathmik Shikshak reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code UTIB0SAZP02

The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved 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 UTIB0SAZP02 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?

To find the IFSC Code UTIB0SAZP02 of Axis Bank for its Ahmednagar Zilla Prathmik Shikshak branch located in Ahmadnagar, the following methods can help you out:

Cheque Book

The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in Ahmadnagar and Ahmadnagar, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and go to the branch locator section. Then search for Ahmednagar Zilla Prathmik Shikshak or Ahmadnagar to find the exact IFSC Code UTIB0SAZP02.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes. Searching for Axis Bank and Ahmadnagar will provide accurate information.

How to Use IFSC Code UTIB0SAZP02 for Online Transfers?

Once you have the IFSC Code UTIB0SAZP02 for the Ahmednagar Zilla Prathmik Shikshak branch of Axis Bank in Ahmadnagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SAZP02. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0SAZP02.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Ahmednagar Zilla Prathmik Shikshak in Ahmadnagar, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Ahmednagar Zilla Prathmik Shikshak, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Ahmadnagar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank Ahmednagar Zilla Prathmik Shikshak Ahmadnagar?

The IFSC Code of the Ahmednagar Zilla Prathmik Shikshak Ahmadnagar branch is UTIB0SAZP02.

Is IFSC Code UTIB0SAZP02 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Axis Bank Ahmednagar Zilla Prathmik Shikshak branch?

The branch is located at Gurukul Lal Taki Road Ahmednagar 414001.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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