The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Ahmednagar Zilla Prathmik Shikshak branch in Ahmadnagar, Shevgaon, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed 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 UTIB0SAZP08. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Ahmednagar Zilla Prathmik Shikshak, Ahmadnagar

The table below shows the main details of the IFSC Code UTIB0SAZP08 for the Axis Bank branch in Ahmadnagar, which falls under the Shevgaon district in Maharashtra.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SAZP08
Branch Ahmednagar Zilla Prathmik Shikshak
City Ahmadnagar
District Shevgaon
State Maharashtra
Address Ambedkar Chowk Shevgaon Ahmednagar 414502

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Ahmadnagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SAZP08 for the Ahmednagar Zilla Prathmik Shikshak branch of Axis Bank has an 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 UTIB0SAZP08 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 Shevgaon.
  • 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 UTIB0SAZP08

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

AAAA0CCCCCC

Here's the explanation:

  • First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
  • 5th character (0): This stays zero till there is any future use.
  • Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Ahmednagar Zilla Prathmik Shikshak in Ahmadnagar.

For example, the IFSC Code UTIB0SAZP08 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 UTIB0SAZP08 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 Shevgaon, 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 UTIB0SAZP08.

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 UTIB0SAZP08 for Online Transfers?

Once you have the IFSC Code UTIB0SAZP08 for the Ahmednagar Zilla Prathmik Shikshak branch of Axis Bank in Ahmadnagar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0SAZP08. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0SAZP08.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Ahmednagar Zilla Prathmik Shikshak in Ahmadnagar, your payment can get delayed or might not go through at all.

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)

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 UTIB0SAZP08.

Is IFSC Code UTIB0SAZP08 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 Ambedkar Chowk Shevgaon Ahmednagar 414502.

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.