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IFSC Code of Axis Bank, Buldana District Central Coop Bank, Buldhana, Maharashtra — UTIB0SBLDB1

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 Buldana District Central Coop Bank branch in Buldhana, Buldhana, 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 Buldhana or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SBLDB1. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Buldana District Central Coop Bank, Buldhana

Here are some of the key details that come with the IFSC Code UTIB0SBLDB1 of Axis Bank for its branch located in Buldhana, within the district of Buldhana in the state of Maharashtra.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SBLDB1
Branch Buldana District Central Coop Bank
City Buldhana
District Buldhana
State Maharashtra
Address Bhonde Chowk Near Govt Hospital Buldana 443001

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Buldhana for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0SBLDB1 for the Buldana District Central Coop Bank branch of Axis Bank is vital.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0SBLDB1 is given to every bank branch, including Axis Bank located in Buldana District Central Coop Bank, Buldhana, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Buldhana.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Buldhana and Buldhana.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Buldana District Central Coop Bank doesn't end up at another location.

Format of the IFSC Code UTIB0SBLDB1

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 Buldana District Central Coop Bank in Buldhana.

For example, the IFSC Code UTIB0SBLDB1 of Axis Bank for the Buldana District Central Coop Bank branch includes these elements, identifying the bank and the branch location in Buldhana and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0SBLDB1 of Axis Bank for its Buldana District Central Coop Bank branch located in Buldhana, the following methods can help you out:

Cheque Book

The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Axis Bank and go to the branch locator section. Then search for Buldana District Central Coop Bank or Buldhana to find the exact IFSC Code UTIB0SBLDB1.

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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Buldhana will provide accurate information.

How to Use IFSC Code UTIB0SBLDB1 for Online Transfers?

Once you have the IFSC Code UTIB0SBLDB1 for the Buldana District Central Coop Bank branch of Axis Bank in Buldhana, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0SBLDB1. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0SBLDB1.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Buldana District Central Coop Bank in Buldhana, 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 Buldana District Central 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 Buldhana to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Buldana District Central Coop Bank, Buldhana?

The IFSC Code is UTIB0SBLDB1.

Is the IFSC Code UTIB0SBLDB1 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Buldana District Central Coop Bank?

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

What is the full address of the Buldana District Central Coop Bank branch?

The address of the branch is Bhonde Chowk Near Govt Hospital Buldana 443001 located in Buldhana, Buldhana, 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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