IFSC Code of Axis Bank, Jai Kalimata Mahila Urban Coop Bank, Basmath, Maharashtra- UTIB0SJKMM1

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Jai Kalimata Mahila Urban Coop Bank branch in Hingoli, Basmath, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Hingoli or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SJKMM1. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Jai Kalimata Mahila Urban Coop Bank, Hingoli

Here are the key points that are associated with the IFSC Code UTIB0SJKMM1 of Axis Bank for its branch located in Hingoli, within the district of Basmath in the state of Maharashtra.

These details help users in online banking and for businesses and individuals who use Axis Bank in Hingoli for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SJKMM1 for the Jai Kalimata Mahila Urban Coop 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Jai Kalimata Mahila Urban Coop Bank, Hingoli, Maharashtra, are given a unique IFSC like UTIB0SJKMM1 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Hingoli.
• 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 Hingoli and Basmath.
• 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 Jai Kalimata Mahila Urban Coop Bank 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 UTIB0SJKMM1

The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jai Kalimata Mahila Urban Coop Bank in Hingoli.

For example, the IFSC Code UTIB0SJKMM1 of Axis Bank for the Jai Kalimata Mahila Urban Coop Bank branch includes these elements, identifying the bank and the branch location in Hingoli and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0SJKMM1 of Axis Bank for its Jai Kalimata Mahila Urban Coop Bank branch located in Hingoli, 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 Hingoli and Basmath, 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 Jai Kalimata Mahila Urban Coop Bank or Hingoli to find the exact IFSC Code UTIB0SJKMM1.

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 Hingoli will provide accurate information.

How to Use IFSC Code UTIB0SJKMM1 for Online Transfers?

Once you have the IFSC Code UTIB0SJKMM1 for the Jai Kalimata Mahila Urban Coop Bank branch of Axis Bank in Hingoli, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0SJKMM1. 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 UTIB0SJKMM1.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Jai Kalimata Mahila Urban Coop Bank in Hingoli, 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 Jai Kalimata Mahila Urban Coop Bank, 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 Hingoli manage online transfers as well as cheque clearances with ease.