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 Jalgaon [Maharashtra] branch in Jalgaon, Jalgaon, 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 Jalgaon or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UTIB0000174. 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, Jalgaon [Maharashtra], Jalgaon
Below in the table are the key details related to IFSC Code UTIB0000174 of Axis Bank for its branch located in Jalgaon, within the district of Jalgaon in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000174 |
| Branch | Jalgaon [Maharashtra] |
| City | Jalgaon |
| District | Jalgaon |
| State | Maharashtra |
| Address | Patel Plaza, C.S.No.2683 A 1 / 17, M.G.Road |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Jalgaon for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0000174 for the Jalgaon [Maharashtra] branch of Axis Bank is vital.
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, including Axis Bank located in Jalgaon [Maharashtra], Jalgaon, Maharashtra, is provided with a unique IFSC like UTIB0000174 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Jalgaon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Jalgaon and Jalgaon.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Maharashtra and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Jalgaon [Maharashtra] do not get mixed with another location.
Format of the IFSC Code UTIB0000174
The format of the IFSC Code for banks, including Axis Bank, has 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 Jalgaon [Maharashtra] in Jalgaon.
For example, the IFSC Code UTIB0000174 of Axis Bank for the Jalgaon [Maharashtra] branch includes these elements, identifying the bank and the branch location in Jalgaon and Maharashtra correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0000174 of Axis Bank for its Jalgaon [Maharashtra] branch located in Jalgaon, 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 Jalgaon and Jalgaon, 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 Jalgaon [Maharashtra] or Jalgaon to find the exact IFSC Code UTIB0000174.
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 Jalgaon will provide accurate information.
How to Use IFSC Code UTIB0000174 for Online Transfers?
Once you have the IFSC Code UTIB0000174 for the Jalgaon [Maharashtra] branch of Axis Bank in Jalgaon, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0000174. 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 UTIB0000174.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Jalgaon [Maharashtra] in Jalgaon, 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 Jalgaon [Maharashtra], 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 Jalgaon manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000174.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Patel Plaza, C.S.No.2683 A 1 / 17, M.G.Road located in Jalgaon, Jalgaon, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.