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IFSC Code of Axis Bank, The Gondia District Bank, Gondiya, Maharashtra — UTIB0SGDC01

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its The Gondia District Bank branch in Gondia, Gondiya, Maharashtra, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Axis Bank located in Gondia or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SGDC01. 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, The Gondia District Bank, Gondia

Below in the table are the key details related to IFSC Code UTIB0SGDC01 of Axis Bank for its branch located in Gondia, within the district of Gondiya in the state of Maharashtra.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SGDC01
Branch The Gondia District Bank
City Gondia
District Gondiya
State Maharashtra
Address Near Gayatri Mandir Kudwa Nakachowk Pin 441614

These details help users in online banking and for businesses and individuals who use Axis Bank in Gondia for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SGDC01 for the The Gondia District Bank 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 UTIB0SGDC01 is given to every bank branch, including Axis Bank located in The Gondia District Bank, Gondia, 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 Gondia.
  • 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 Gondia and Gondiya.
  • 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 The Gondia District Bank doesn't end up at another location.

Format of the IFSC Code UTIB0SGDC01

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 The Gondia District Bank in Gondia.

For example, the IFSC Code UTIB0SGDC01 of Axis Bank for the The Gondia District Bank branch has these elements, identifying the bank and the branch location in Gondia and Maharashtra correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0SGDC01 of Axis Bank for its The Gondia District Bank branch located in Gondia, 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 Gondia and Gondiya, 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 The Gondia District Bank or Gondia to get the exact IFSC Code UTIB0SGDC01.

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 Gondia, you'll get the correct details.

How to Use IFSC Code UTIB0SGDC01 for Online Transfers?

Once you have the IFSC Code UTIB0SGDC01 for the The Gondia District Bank branch of Axis Bank in Gondia, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SGDC01. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0SGDC01.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank The Gondia District Bank in Gondia 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 The Gondia District 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 Gondia to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank The Gondia District Bank Gondia?

The IFSC Code of the The Gondia District Bank Gondia branch is UTIB0SGDC01.

Is IFSC Code UTIB0SGDC01 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Axis Bank The Gondia District Bank branch?

The branch is located at Near Gayatri Mandir Kudwa Nakachowk Pin 441614.

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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