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 Cbd, Belapur branch in Ahmadnagar, Belapur, 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 UTIB0000861. 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, Cbd, Belapur, Ahmadnagar
The table below shows the main details of the IFSC Code UTIB0000861 for the Axis Bank branch in Ahmadnagar, which falls under the Belapur district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000861 |
| Branch | Cbd, Belapur |
| City | Ahmadnagar |
| District | Belapur |
| State | Maharashtra |
| Address | Ground Floor, "Ellora", Commercial Unit 1-4, Plot No.27, Sector -11, Cbd Belapur, Navi Mumbai, Dist. Thane, Maharashtra 400614 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Ahmadnagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000861 for the Cbd, Belapur branch of Axis Bank plays 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 UTIB0000861 is given to every bank branch, including Axis Bank located in Cbd, Belapur, 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 Belapur.
- 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 Cbd, Belapur doesn't end up at another location.
Format of the IFSC Code UTIB0000861
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 Cbd, Belapur in Ahmadnagar.
For example, the IFSC Code UTIB0000861 of Axis Bank for the Cbd, Belapur 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 UTIB0000861 of Axis Bank for its Cbd, Belapur 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 Belapur, 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 Cbd, Belapur or Ahmadnagar to find the exact IFSC Code UTIB0000861.
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 UTIB0000861 for Online Transfers?
Once you have the IFSC Code UTIB0000861 for the Cbd, Belapur 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 UTIB0000861. 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 UTIB0000861.
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 Cbd, Belapur in Ahmadnagar, it can 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 Cbd, Belapur, 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 is UTIB0000861.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor, "Ellora", Commercial Unit 1-4, Plot No.27, Sector -11, Cbd Belapur, Navi Mumbai, Dist. Thane, Maharashtra 400614 located in Ahmadnagar, Belapur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
