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 The Chopda Peoples Co-Op Bank Ltd branch in Jalgaon, Chopda, 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 Jalgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SCPCB1. 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 Chopda Peoples Co-Op Bank Ltd, Jalgaon
Below in the table are the key details related to IFSC Code UTIB0SCPCB1 of Axis Bank for its branch located in Jalgaon, within the district of Chopda in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SCPCB1 |
| Branch | The Chopda Peoples Co-Op Bank Ltd |
| City | Jalgaon |
| District | Chopda |
| State | Maharashtra |
| Address | Rath Galli Chopda 425107 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Jalgaon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SCPCB1 for the The Chopda Peoples Co-Op Bank Ltd 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in The Chopda Peoples Co-Op Bank Ltd, Jalgaon, Maharashtra, is provided a unique IFSC like UTIB0SCPCB1 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Jalgaon.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Jalgaon and Chopda.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in The Chopda Peoples Co-Op Bank Ltd do not get misguided to another person.
Format of the IFSC Code UTIB0SCPCB1
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 The Chopda Peoples Co-Op Bank Ltd in Jalgaon.
For example, the IFSC Code UTIB0SCPCB1 of Axis Bank for the The Chopda Peoples Co-Op Bank Ltd branch includes these elements, identifying the bank and the branch location in Jalgaon and Maharashtra accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0SCPCB1 of Axis Bank for its The Chopda Peoples Co-Op Bank Ltd branch located in Jalgaon, the following methods can help:
Cheque Book
The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Jalgaon and Chopda, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for The Chopda Peoples Co-Op Bank Ltd or Jalgaon to get the exact IFSC Code UTIB0SCPCB1.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Jalgaon, then it will provide you proper information.
How to Use IFSC Code UTIB0SCPCB1 for Online Transfers?
Once you have the IFSC Code UTIB0SCPCB1 for the The Chopda Peoples Co-Op Bank Ltd 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 UTIB0SCPCB1. 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 UTIB0SCPCB1.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank The Chopda Peoples Co-Op Bank Ltd 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 differ from IFSC codes. If you are looking for the MICR code of Axis Bank in The Chopda Peoples Co-Op Bank Ltd, 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 Jalgaon to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0SCPCB1.
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 Rath Galli Chopda 425107 located in Jalgaon, Chopda, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.