IFSC Code of Axis Bank, Ahmednagar Branch, Ahmadnagar, Maharashtra- UTIB0000215

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 Branch branch in Ahmednagar, 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 Ahmednagar or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UTIB0000215. 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 Branch, Ahmednagar

Here are the key points that are associated with the IFSC Code UTIB0000215 of Axis Bank for its branch located in Ahmednagar, within the district of Ahmadnagar in the state of Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Ahmednagar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0000215 for the Ahmednagar Branch 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0000215 is given to every bank branch, including Axis Bank located in Ahmednagar Branch, Ahmednagar, 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 Ahmednagar.
• 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 Ahmednagar 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 Branch doesn't end up at another location.

Format of the IFSC Code UTIB0000215

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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Ahmednagar Branch in Ahmednagar.

For example, the IFSC Code UTIB0000215 of Axis Bank for the Ahmednagar Branch branch has these elements, identifying the bank and the branch location in Ahmednagar and Maharashtra correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0000215 of Axis Bank for its Ahmednagar Branch branch located in Ahmednagar, 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 Ahmednagar 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 Branch or Ahmednagar to get the exact IFSC Code UTIB0000215.

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 Ahmednagar, then it will provide you proper information.

How to Use IFSC Code UTIB0000215 for Online Transfers?

Once you have the IFSC Code UTIB0000215 for the Ahmednagar Branch branch of Axis Bank in Ahmednagar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0000215. 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 UTIB0000215.

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 Branch in Ahmednagar, 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 Branch, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Ahmednagar manage online transfers as well as cheque clearances with ease.