The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Shri Rukmini Sahakari Bank Ltd Shrigonda branch in Ahmednagar, Shrigonda, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed 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 UTIB0SRSB01. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Shri Rukmini Sahakari Bank Ltd Shrigonda, Ahmednagar
Here are the main details that are associated with the IFSC Code UTIB0SRSB01 of Axis Bank for its branch located in Ahmednagar, within the district of Shrigonda in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SRSB01 |
| Branch | Shri Rukmini Sahakari Bank Ltd Shrigonda |
| City | Ahmednagar |
| District | Shrigonda |
| State | Maharashtra |
| Address | Ap City Pride Building Daund Jamkhed Road Shrigonda, Tal Shrigonda, Dist Ahmednagar, Pin Code 413701 |
These details helps 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 UTIB0SRSB01 for the Shri Rukmini Sahakari Bank Ltd Shrigonda branch of Axis Bank plays a vital role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Shri Rukmini Sahakari Bank Ltd Shrigonda, Ahmednagar, Maharashtra, is provided a unique IFSC like UTIB0SRSB01 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Ahmednagar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Ahmednagar and Shrigonda.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Shri Rukmini Sahakari Bank Ltd Shrigonda do not get misguided to another person.
Format of the IFSC Code UTIB0SRSB01
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 Shri Rukmini Sahakari Bank Ltd Shrigonda in Ahmednagar.
For example, the IFSC Code UTIB0SRSB01 of Axis Bank for the Shri Rukmini Sahakari Bank Ltd Shrigonda 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 looking for the IFSC Code UTIB0SRSB01 of Axis Bank for its Shri Rukmini Sahakari Bank Ltd Shrigonda 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 Shrigonda, 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 Shri Rukmini Sahakari Bank Ltd Shrigonda or Ahmednagar to get the exact IFSC Code UTIB0SRSB01.
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 UTIB0SRSB01 for Online Transfers?
If you have the IFSC Code UTIB0SRSB01 for the Shri Rukmini Sahakari Bank Ltd Shrigonda 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 UTIB0SRSB01. 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 UTIB0SRSB01.
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 Shri Rukmini Sahakari Bank Ltd Shrigonda in Ahmednagar, it may 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 Shri Rukmini Sahakari Bank Ltd Shrigonda, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Ahmednagar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0SRSB01.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ap City Pride Building Daund Jamkhed Road Shrigonda, Tal Shrigonda, Dist Ahmednagar, Pin Code 413701 located in Ahmednagar, Shrigonda, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.