IFSC Code of Axis Bank, Scheme No Seventy Eight, Indore, Madhya Pradesh- UTIB0003780

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 Scheme No Seventy Eight branch in Indore, Indore, Madhya Pradesh, 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 Indore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0003780. 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, Scheme No Seventy Eight, Indore

Here are the key points that are associated with the IFSC Code UTIB0003780 of Axis Bank for its branch located in Indore, within the district of Indore in the state of Madhya Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Indore for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003780 for the Scheme No Seventy Eight 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Scheme No Seventy Eight, Indore, Madhya Pradesh, are given a unique IFSC like UTIB0003780 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Indore.
• 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 Indore and Indore.
• 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 Scheme No Seventy Eight goes to the correct branch. This is important because Axis Bank has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0003780

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 Scheme No Seventy Eight in Indore.

For example, the IFSC Code UTIB0003780 of Axis Bank for the Scheme No Seventy Eight branch includes these elements, identifying the bank and the branch location in Indore and Madhya Pradesh accurately.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0003780 of Axis Bank for its Scheme No Seventy Eight branch located in Indore, 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 Indore and Indore, 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 Scheme No Seventy Eight or Indore to find the exact IFSC Code UTIB0003780.

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 Indore will provide accurate information.

How to Use IFSC Code UTIB0003780 for Online Transfers?

Once you have the IFSC Code UTIB0003780 for the Scheme No Seventy Eight branch of Axis Bank in Indore, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0003780. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0003780.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Scheme No Seventy Eight in Indore, 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 Scheme No Seventy Eight, 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 Indore to handle online money transfers and get their cheques cleared smoothly.