IFSC Code of Axis Bank, The Vaidyanath Urban Coop Bank, Parli Vaijnath, Maharashtra- UTIB0SVUCB1

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 The Vaidyanath Urban Coop Bank branch in Bid, Parli Vaijnath, 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 UTIB0SVUCB1. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, The Vaidyanath Urban Coop Bank, Bid

Here are the key points that are associated with the IFSC Code UTIB0SVUCB1 of Axis Bank for its branch located in Bid, within the district of Parli Vaijnath in the state of Maharashtra.

These details helps 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 UTIB0SVUCB1 for the The Vaidyanath Urban Coop Bank 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 The Vaidyanath Urban Coop Bank, Bid, Maharashtra, is provided a unique IFSC like UTIB0SVUCB1 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Bid.
• 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 Bid and Parli Vaijnath.
• 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 The Vaidyanath Urban Coop Bank do not get misguided to another person.

Format of the IFSC Code UTIB0SVUCB1

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

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as The Vaidyanath Urban Coop Bank in Bid.

For example, the IFSC Code UTIB0SVUCB1 of Axis Bank for the The Vaidyanath Urban Coop Bank 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 UTIB0SVUCB1 of Axis Bank for its The Vaidyanath Urban Coop Bank branch located in Bid, 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 Bid and Parli Vaijnath, 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 The Vaidyanath Urban Coop Bank or Bid to get the exact IFSC Code UTIB0SVUCB1.

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 Bid that will provide accurate information.

How to Use IFSC Code UTIB0SVUCB1 for Online Transfers?

Once you have the IFSC Code UTIB0SVUCB1 for the The Vaidyanath Urban Coop Bank branch of Axis Bank in Bid, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0SVUCB1. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UTIB0SVUCB1.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank The Vaidyanath Urban Coop Bank in Bid, your payment can get delayed or might not go through at all.

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 The Vaidyanath Urban Coop Bank, 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 Bid to handle online money transfers and get their cheques cleared smoothly.