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 Dastur Nagar Amaravati branch in Amaravati, Amaravati, 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 Amaravati or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0004073. 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, Dastur Nagar Amaravati, Amaravati
The table below shows the main details of the IFSC Code UTIB0004073 for the Axis Bank branch in Amaravati, which falls under the Amaravati district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004073 |
| Branch | Dastur Nagar Amaravati |
| City | Amaravati |
| District | Amaravati |
| State | Maharashtra |
| Address | Ground Floor Deep Nagar No 2 Near Farshi Stop Chhatri Talao Road Dastur Nagar 444606 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Amaravati for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004073 for the Dastur Nagar Amaravati 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 Dastur Nagar Amaravati, Amaravati, Maharashtra, are given a unique IFSC like UTIB0004073 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Amaravati.
- 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 Amaravati and Amaravati.
- 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 Dastur Nagar Amaravati 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 UTIB0004073
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 Dastur Nagar Amaravati in Amaravati.
For example, the IFSC Code UTIB0004073 of Axis Bank for the Dastur Nagar Amaravati branch includes these elements, identifying the bank and the branch location in Amaravati and Maharashtra accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004073 of Axis Bank for its Dastur Nagar Amaravati branch located in Amaravati, 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 Amaravati and Amaravati, 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 Dastur Nagar Amaravati or Amaravati to get the exact IFSC Code UTIB0004073.
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 Amaravati, you'll get the correct details.
How to Use IFSC Code UTIB0004073 for Online Transfers?
If you have the IFSC Code UTIB0004073 for the Dastur Nagar Amaravati branch of Axis Bank in Amaravati, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004073. 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 UTIB0004073.
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 Dastur Nagar Amaravati in Amaravati, 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 Dastur Nagar Amaravati, 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 Amaravati manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004073.
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 Ground Floor Deep Nagar No 2 Near Farshi Stop Chhatri Talao Road Dastur Nagar 444606 located in Amaravati, Amaravati, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.