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 Shirpur branch in Dhule, Shirpur, or Maharashtra, 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 Dhule or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0002203. 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, Shirpur, Dhule
Below in the table are the key details related to IFSC Code UTIB0002203 of Axis Bank for its branch located in Dhule, within the district of Shirpur in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002203 |
| Branch | Shirpur |
| City | Dhule |
| District | Shirpur |
| State | Maharashtra |
| Address | Ground Floor, Shiv Sadan Building, Near Arvind Medical, Main Shirpur Road, Shirpur, Pin -425404 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Dhule for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002203 for the Shirpur branch of Axis Bank has an 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 UTIB0002203 is given to every bank branch, including Axis Bank located in Shirpur, Dhule, 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 Dhule.
- 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 Dhule and Shirpur.
- 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 Shirpur doesn't end up at another location.
Format of the IFSC Code UTIB0002203
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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Shirpur in Dhule.
For example, the IFSC Code UTIB0002203 of Axis Bank for the Shirpur branch has these elements, identifying the bank and the branch location in Dhule and Maharashtra correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002203 of Axis Bank for its Shirpur branch located in Dhule, 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
Most banks, including Axis Bank branches in Dhule and Shirpur, print the IFSC and MICR codes 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 Shirpur or Dhule to get the exact IFSC Code UTIB0002203.
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 Dhule, you'll get the correct details.
How to Use IFSC Code UTIB0002203 for Online Transfers?
Once you have the IFSC Code UTIB0002203 for the Shirpur branch of Axis Bank in Dhule, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0002203. 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 UTIB0002203.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Shirpur in Dhule, your payment can get delayed or might not go through at all.
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 Shirpur, 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 Dhule manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002203.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Shiv Sadan Building, Near Arvind Medical, Main Shirpur Road, Shirpur, Pin -425404 located in Dhule, Shirpur, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
