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IFSC Code of Axis Bank, Deendayal Nagari Sahakari Bank Ltd, Ambajogai, Maharashtra — UTIB0SDNSB1

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 Deendayal Nagari Sahakari Bank Ltd branch in Bid, Ambajogai, 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 Bid or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SDNSB1. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Deendayal Nagari Sahakari Bank Ltd, Bid

Here are some of the key details that come with the IFSC Code UTIB0SDNSB1 of Axis Bank for its branch located in Bid, within the district of Ambajogai in the state of Maharashtra.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SDNSB1
Branch Deendayal Nagari Sahakari Bank Ltd
City Bid
District Ambajogai
State Maharashtra
Address Deendayal Bhavan, Near Bus Depot, Parli Road, Ambajogai 431517

These details help users in online banking and for businesses and individuals who use Axis Bank in Bid for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SDNSB1 for the Deendayal Nagari Sahakari Bank Ltd 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 Deendayal Nagari Sahakari Bank Ltd, Bid, Maharashtra, are given a unique IFSC like UTIB0SDNSB1 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Bid.
  • 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 Bid and Ambajogai.
  • 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 Deendayal Nagari Sahakari Bank Ltd 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 UTIB0SDNSB1

The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Deendayal Nagari Sahakari Bank Ltd in Bid.

For example, the IFSC Code UTIB0SDNSB1 of Axis Bank for the Deendayal Nagari Sahakari Bank Ltd branch includes these elements, identifying the bank and the branch location in Bid and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0SDNSB1 of Axis Bank for its Deendayal Nagari Sahakari Bank Ltd branch located in Bid, 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 Bid and Ambajogai, 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 Deendayal Nagari Sahakari Bank Ltd or Bid to get the exact IFSC Code UTIB0SDNSB1.

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 Bid, you'll get the correct details.

How to Use IFSC Code UTIB0SDNSB1 for Online Transfers?

Once you have the IFSC Code UTIB0SDNSB1 for the Deendayal Nagari Sahakari Bank Ltd branch of Axis Bank in Bid, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SDNSB1. 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 UTIB0SDNSB1.

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 Deendayal Nagari Sahakari Bank Ltd in Bid, it can 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 Deendayal Nagari Sahakari Bank Ltd, 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 Bid manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Deendayal Nagari Sahakari Bank Ltd, Bid?

The IFSC Code is UTIB0SDNSB1.

Is the IFSC Code UTIB0SDNSB1 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 Deendayal Nagari Sahakari Bank Ltd?

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 Deendayal Nagari Sahakari Bank Ltd branch?

The address of the branch is Deendayal Bhavan, Near Bus Depot, Parli Road, Ambajogai 431517 located in Bid, Ambajogai, Maharashtra.

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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