For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Ahmednagar Dist Central Co-Op Bank branch in Ahmednagar, Ahmednagar, Maharashtra, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Ahmednagar or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SADCC1. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Ahmednagar Dist Central Co-Op Bank, Ahmednagar
Here are some of the key details that come with the IFSC Code UTIB0SADCC1 of Axis Bank for its branch located in Ahmednagar, within the district of Ahmednagar in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SADCC1 |
| Branch | Ahmednagar Dist Central Co-Op Bank |
| City | Ahmednagar |
| District | Ahmednagar |
| State | Maharashtra |
| Address | Head Office Station Roadahmednagar 414001 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Ahmednagar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SADCC1 for the Ahmednagar Dist Central Co-Op Bank 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 provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Ahmednagar Dist Central Co-Op Bank, Ahmednagar, Maharashtra, is provided with a unique IFSC like UTIB0SADCC1 to ensure that online payments reach the right destination.
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 errors or confusions between multiple branches of the same bank across different places like Ahmednagar and Ahmednagar.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Ahmednagar Dist Central Co-Op Bank do not get mixed with another location.
Format of the IFSC Code UTIB0SADCC1
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): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Ahmednagar Dist Central Co-Op Bank in Ahmednagar.
For example, the IFSC Code UTIB0SADCC1 of Axis Bank for the Ahmednagar Dist Central Co-Op Bank branch includes these elements, identifying the bank and the branch location in Ahmednagar and Maharashtra accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0SADCC1 of Axis Bank for its Ahmednagar Dist Central Co-Op Bank branch located in Ahmednagar, the following methods can help:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Ahmednagar and Ahmednagar, print them on the first page of your passbook.
Bank Website
Visit the official website of Axis Bank and navigate to the branch locator section. Search for Ahmednagar Dist Central Co-Op Bank or Ahmednagar to get the exact IFSC Code UTIB0SADCC1.
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 keeps an updated list of all IFSC codes. If you search for Axis Bank and Ahmednagar, you'll get the correct details.
How to Use IFSC Code UTIB0SADCC1 for Online Transfers?
If you have the IFSC Code UTIB0SADCC1 for the Ahmednagar Dist Central Co-Op Bank branch of Axis Bank in Ahmednagar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0SADCC1. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0SADCC1.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Ahmednagar Dist Central Co-Op Bank in Ahmednagar, it may 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 Ahmednagar Dist Central Co-Op Bank, 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 Ahmednagar manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Ahmednagar Dist Central Co-Op Bank Ahmednagar branch is UTIB0SADCC1.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Head Office Station Roadahmednagar 414001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.