IFSC Code of Axis Bank, Dongar Parasia Chw Mp, Parasia, Madhya Pradesh- UTIB0002594

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Dongar Parasia Chw Mp branch in Chhindwara, Parasia, or Madhya Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Chhindwara or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0002594. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Dongar Parasia Chw Mp, Chhindwara

Here are the main details that are associated with the IFSC Code UTIB0002594 of Axis Bank for its branch located in Chhindwara, within the district of Parasia in the state of Madhya Pradesh.

These details help users in online banking and for businesses and individuals who use Axis Bank in Chhindwara for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002594 for the Dongar Parasia Chw Mp 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0002594 is given to every bank branch, including Axis Bank located in Dongar Parasia Chw Mp, Chhindwara, Madhya Pradesh, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Chhindwara.
• 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 Chhindwara and Parasia.
• 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 Madhya Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Dongar Parasia Chw Mp doesn't end up at another location.

Format of the IFSC Code UTIB0002594

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 Dongar Parasia Chw Mp in Chhindwara.

For example, the IFSC Code UTIB0002594 of Axis Bank for the Dongar Parasia Chw Mp branch includes these elements, identifying the bank and the branch location in Chhindwara and Madhya Pradesh accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0002594 of Axis Bank for its Dongar Parasia Chw Mp branch located in Chhindwara, the following methods can help:

Cheque Book

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

Passbook

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

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Dongar Parasia Chw Mp or Chhindwara to get the exact IFSC Code UTIB0002594.

Mobile Banking App

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

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Chhindwara, then it will provide you proper information.

How to Use IFSC Code UTIB0002594 for Online Transfers?

If you have the IFSC Code UTIB0002594 for the Dongar Parasia Chw Mp branch of Axis Bank in Chhindwara, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002594. 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 UTIB0002594.

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 Dongar Parasia Chw Mp in Chhindwara, 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 Dongar Parasia Chw Mp, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Chhindwara manage online transfers as well as cheque clearances with ease.