Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Ahmednagar Zilla Prathmik Shikshak branch in Ahmadnagar, Parner, or Maharashtra, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Ahmadnagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SAZP13. You should definitely 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

The table below shows the main details of the IFSC Code UTIB0SAZP13 for the Axis Bank branch in Ahmadnagar, which falls under the Parner district in Maharashtra.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SAZP13
Branch Ahmednagar Zilla Prathmik Shikshak
City Ahmadnagar
District Parner
State Maharashtra
Address Near S T Stand Parner Ahmednagar 414302

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 UTIB0SAZP13 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 UTIB0SAZP13 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 Parner.
  • 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 UTIB0SAZP13

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 UTIB0SAZP13 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 UTIB0SAZP13 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 Parner, 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 UTIB0SAZP13.

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 UTIB0SAZP13 for Online Transfers?

Once you have the IFSC Code UTIB0SAZP13 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 UTIB0SAZP13. 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 UTIB0SAZP13.

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 check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Ahmednagar Zilla Prathmik Shikshak, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Axis Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Ahmadnagar manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

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

The IFSC Code is UTIB0SAZP13.

Is the IFSC Code UTIB0SAZP13 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Ahmednagar Zilla Prathmik Shikshak?

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Ahmednagar Zilla Prathmik Shikshak branch?

The address of the branch is Near S T Stand Parner Ahmednagar 414302 located in Ahmadnagar, Parner, Maharashtra.

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.