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 Dhanera Mercatile Coop Bank Panthwada branch in Banas Kantha, Dhanera, Gujarat, 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 Banas Kantha or anywhere in Gujarat can transfer funds instantly by using the correct IFSC Code UTIB0SDMCB2. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Dhanera Mercatile Coop Bank Panthwada, Banas Kantha

Below in the table are the key details related to IFSC Code UTIB0SDMCB2 of Axis Bank for its branch located in Banas Kantha, within the district of Dhanera in the state of Gujarat.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SDMCB2
Branch Dhanera Mercatile Coop Bank Panthwada
City Banas Kantha
District Dhanera
State Gujarat
Address Station Road, Patharwada, 385545

These details help users in online banking and for businesses and individuals who use Axis Bank in Banas Kantha for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SDMCB2 for the Dhanera Mercatile Coop Bank Panthwada 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Dhanera Mercatile Coop Bank Panthwada, Banas Kantha, Gujarat, is provided a unique IFSC like UTIB0SDMCB2 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Axis Bank branch in Banas Kantha.
  • 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 Banas Kantha and Dhanera.
  • 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 Gujarat and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Dhanera Mercatile Coop Bank Panthwada do not get misguided to another person.

Format of the IFSC Code UTIB0SDMCB2

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 Dhanera Mercatile Coop Bank Panthwada in Banas Kantha.

For example, the IFSC Code UTIB0SDMCB2 of Axis Bank for the Dhanera Mercatile Coop Bank Panthwada branch includes these elements, identifying the bank and the branch location in Banas Kantha and Gujarat correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0SDMCB2 of Axis Bank for its Dhanera Mercatile Coop Bank Panthwada branch located in Banas Kantha, the following methods can help:

Cheque Book

The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in Banas Kantha and Dhanera, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and find the branch locator section. Search for Dhanera Mercatile Coop Bank Panthwada or Banas Kantha to get the exact IFSC Code UTIB0SDMCB2.

Mobile Banking App

If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Banas Kantha that will provide accurate information.

How to Use IFSC Code UTIB0SDMCB2 for Online Transfers?

Once you have the IFSC Code UTIB0SDMCB2 for the Dhanera Mercatile Coop Bank Panthwada branch of Axis Bank in Banas Kantha, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SDMCB2. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0SDMCB2.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Dhanera Mercatile Coop Bank Panthwada in Banas Kantha 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 Dhanera Mercatile Coop Bank Panthwada, 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 Banas Kantha to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Dhanera Mercatile Coop Bank Panthwada, Banas Kantha?

The IFSC Code is UTIB0SDMCB2.

Is the IFSC Code UTIB0SDMCB2 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Dhanera Mercatile Coop Bank Panthwada?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Dhanera Mercatile Coop Bank Panthwada branch?

The address of the branch is Station Road, Patharwada, 385545 located in Banas Kantha, Dhanera, Gujarat.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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