There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Dhanera Mercatile Coop Bank, Tharad branch in Banas Kantha, Dhanera, Gujarat, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Banas Kantha or anywhere in Gujarat can easily transfer funds instantly by using the correct IFSC Code UTIB0SDMCB3. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

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

Here are the key points that are associated with the IFSC Code UTIB0SDMCB3 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 UTIB0SDMCB3
Branch Dhanera Mercatile Coop Bank, Tharad
City Banas Kantha
District Dhanera
State Gujarat
Address 1St Floor, Deesa Highway, Tharad 385565

These details helps 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 UTIB0SDMCB3 for the Dhanera Mercatile Coop Bank, Tharad branch of Axis Bank plays a vital 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 Dhanera Mercatile Coop Bank, Tharad, Banas Kantha, Gujarat, are allotted a unique IFSC like UTIB0SDMCB3 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Banas Kantha.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Banas Kantha and Dhanera.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Axis Bank in Dhanera Mercatile Coop Bank, Tharad reaches the right place, even though there are thousands of branches in Gujarat and across India.

Format of the IFSC Code UTIB0SDMCB3

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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Dhanera Mercatile Coop Bank, Tharad in Banas Kantha.

For example, the IFSC Code UTIB0SDMCB3 of Axis Bank for the Dhanera Mercatile Coop Bank, Tharad branch has 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 UTIB0SDMCB3 of Axis Bank for its Dhanera Mercatile Coop Bank, Tharad branch located in Banas Kantha, 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 Banas Kantha and Dhanera, 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 Dhanera Mercatile Coop Bank, Tharad or Banas Kantha to get the exact IFSC Code UTIB0SDMCB3.

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 Banas Kantha, you'll get the correct details.

How to Use IFSC Code UTIB0SDMCB3 for Online Transfers?

If you have the IFSC Code UTIB0SDMCB3 for the Dhanera Mercatile Coop Bank, Tharad branch of Axis Bank in Banas Kantha, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SDMCB3. 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 UTIB0SDMCB3.

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 Dhanera Mercatile Coop Bank, Tharad in Banas Kantha, 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 Dhanera Mercatile Coop Bank, Tharad, 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 Dhanera Mercatile Coop Bank, Tharad Banas Kantha?

The IFSC Code of the Dhanera Mercatile Coop Bank, Tharad Banas Kantha branch is UTIB0SDMCB3.

Is IFSC Code UTIB0SDMCB3 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Axis Bank Dhanera Mercatile Coop Bank, Tharad branch?

The branch is located at 1St Floor, Deesa Highway, Tharad 385565.

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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