The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its The Pachora Peoples Co Op Bank Ltd branch in Jalgaon, Pachora, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Jalgaon or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SPPCB1. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, The Pachora Peoples Co Op Bank Ltd, Jalgaon
Here are some of the key details that come with the IFSC Code UTIB0SPPCB1 of Axis Bank for its branch located in Jalgaon, within the district of Pachora in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SPPCB1 |
| Branch | The Pachora Peoples Co Op Bank Ltd |
| City | Jalgaon |
| District | Pachora |
| State | Maharashtra |
| Address | Near Railway Station, Station Road, Pachora 424201, Dist Jalgaon, Ms |
These details helps 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 UTIB0SPPCB1 for the The Pachora Peoples Co Op Bank Ltd branch of Axis Bank plays a vital 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 UTIB0SPPCB1 is given to every bank branch, including Axis Bank located in The Pachora Peoples Co Op Bank Ltd, Jalgaon, 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 Jalgaon.
- 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 Jalgaon and Pachora.
- 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 Pachora Peoples Co Op Bank Ltd doesn't end up at another location.
Format of the IFSC Code UTIB0SPPCB1
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 The Pachora Peoples Co Op Bank Ltd in Jalgaon.
For example, the IFSC Code UTIB0SPPCB1 of Axis Bank for the The Pachora Peoples Co Op Bank Ltd branch includes these elements, identifying the bank and the branch location in Jalgaon and Maharashtra correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0SPPCB1 of Axis Bank for its The Pachora Peoples Co Op Bank Ltd branch located in Jalgaon, 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 Jalgaon and Pachora, 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 Pachora Peoples Co Op Bank Ltd or Jalgaon to get the exact IFSC Code UTIB0SPPCB1.
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 Jalgaon, you'll get the correct details.
How to Use IFSC Code UTIB0SPPCB1 for Online Transfers?
Once you have the IFSC Code UTIB0SPPCB1 for the The Pachora Peoples Co Op Bank Ltd branch of Axis Bank in Jalgaon, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0SPPCB1. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0SPPCB1.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank The Pachora Peoples Co Op Bank Ltd in Jalgaon, it can result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in The Pachora Peoples Co Op Bank Ltd, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Jalgaon manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0SPPCB1.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Near Railway Station, Station Road, Pachora 424201, Dist Jalgaon, Ms located in Jalgaon, Pachora, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.