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 Dhule Vikas Sahakari Bank Ltd branch in Dhule, Dhule, Maharashtra, 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 Dhule or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UTIB0SDVS01. 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, Dhule Vikas Sahakari Bank Ltd, Dhule
Here are the main details that are associated with the IFSC Code UTIB0SDVS01 of Axis Bank for its branch located in Dhule, within the district of Dhule in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SDVS01 |
| Branch | Dhule Vikas Sahakari Bank Ltd |
| City | Dhule |
| District | Dhule |
| State | Maharashtra |
| Address | Alankar Garud Baug Dhule 424001 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Dhule for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SDVS01 for the Dhule Vikas Sahakari Bank Ltd branch of Axis Bank plays an 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 Dhule Vikas Sahakari Bank Ltd, Dhule, Maharashtra, are given a unique IFSC like UTIB0SDVS01 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dhule.
- 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 Dhule and Dhule.
- 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 Dhule Vikas 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 UTIB0SDVS01
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 Dhule Vikas Sahakari Bank Ltd in Dhule.
For example, the IFSC Code UTIB0SDVS01 of Axis Bank for the Dhule Vikas Sahakari Bank Ltd branch includes these elements, identifying the bank and the branch location in Dhule and Maharashtra accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0SDVS01 of Axis Bank for its Dhule Vikas Sahakari Bank Ltd branch located in Dhule, 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 Dhule and Dhule, 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 Dhule Vikas Sahakari Bank Ltd or Dhule to get the exact IFSC Code UTIB0SDVS01.
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 Dhule, then it will provide you proper information.
How to Use IFSC Code UTIB0SDVS01 for Online Transfers?
Once you have the IFSC Code UTIB0SDVS01 for the Dhule Vikas Sahakari Bank Ltd branch of Axis Bank in Dhule, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0SDVS01. 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 UTIB0SDVS01.
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 Dhule Vikas Sahakari Bank Ltd in Dhule, it can 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 Dhule Vikas Sahakari Bank Ltd, 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 Dhule to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0SDVS01.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Alankar Garud Baug Dhule 424001 located in Dhule, Dhule, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.