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 Shirdi (Maharashtra) branch in Ahmednagar, Shirdi, 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 UTIB0000663. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Shirdi (Maharashtra), Ahmednagar
Here are the key points that are associated with the IFSC Code UTIB0000663 of Axis Bank for its branch located in Ahmednagar, within the district of Shirdi in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000663 |
| Branch | Shirdi (Maharashtra) |
| City | Ahmednagar |
| District | Shirdi |
| State | Maharashtra |
| Address | Sai Sawli, Nagar-Manmad Road, Near Bhakta Niwas,At Post Shirdi, Taluka Rahata, Dist. Ahmednagarpin 423 109, Maharashtra |
These details help users in online banking and for businesses and individuals who use Axis Bank in Ahmednagar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000663 for the Shirdi (Maharashtra) 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Shirdi (Maharashtra), Ahmednagar, Maharashtra, are given a unique IFSC like UTIB0000663 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Ahmednagar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Ahmednagar and Shirdi.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Axis Bank in Shirdi (Maharashtra) goes to the correct branch. This is important because Axis Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0000663
The format of the IFSC Code for banks, including Axis Bank, has 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 Shirdi (Maharashtra) in Ahmednagar.
For example, the IFSC Code UTIB0000663 of Axis Bank for the Shirdi (Maharashtra) branch includes 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 trying to find the IFSC Code UTIB0000663 of Axis Bank for its Shirdi (Maharashtra) 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
Most banks, including Axis Bank branches in Ahmednagar and Shirdi, print the IFSC and MICR codes 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 Shirdi (Maharashtra) or Ahmednagar to get the exact IFSC Code UTIB0000663.
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 UTIB0000663 for Online Transfers?
Once you have the IFSC Code UTIB0000663 for the Shirdi (Maharashtra) 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 UTIB0000663. 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 UTIB0000663.
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 Shirdi (Maharashtra) 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 Shirdi (Maharashtra), 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.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000663.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Sai Sawli, Nagar-Manmad Road, Near Bhakta Niwas,At Post Shirdi, Taluka Rahata, Dist. Ahmednagarpin 423 109, Maharashtra located in Ahmednagar, Shirdi, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.