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 Nagrik Sahkari Bank Maryadit Jhabua branch in Jhabua, Jhabua, Madhya Pradesh, 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 Jhabua or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0STNSBM. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Nagrik Sahkari Bank Maryadit Jhabua, Jhabua
Here are the key points that are associated with the IFSC Code UTIB0STNSBM of Axis Bank for its branch located in Jhabua, within the district of Jhabua in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0STNSBM |
| Branch | Nagrik Sahkari Bank Maryadit Jhabua |
| City | Jhabua |
| District | Jhabua |
| State | Madhya Pradesh |
| Address | Purana Bus Stand Jhabua 457773 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Jhabua for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0STNSBM for the Nagrik Sahkari Bank Maryadit Jhabua branch of Axis Bank plays 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, including Axis Bank located in Nagrik Sahkari Bank Maryadit Jhabua, Jhabua, Madhya Pradesh, is provided with a unique IFSC like UTIB0STNSBM to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Jhabua.
- 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 Jhabua and Jhabua.
- 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Nagrik Sahkari Bank Maryadit Jhabua do not get mixed with another location.
Format of the IFSC Code UTIB0STNSBM
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 Nagrik Sahkari Bank Maryadit Jhabua in Jhabua.
For example, the IFSC Code UTIB0STNSBM of Axis Bank for the Nagrik Sahkari Bank Maryadit Jhabua branch includes these elements, identifying the bank and the branch location in Jhabua and Madhya Pradesh accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0STNSBM of Axis Bank for its Nagrik Sahkari Bank Maryadit Jhabua branch located in Jhabua, 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
You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Jhabua and Jhabua, print them 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 Nagrik Sahkari Bank Maryadit Jhabua or Jhabua to get the exact IFSC Code UTIB0STNSBM.
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 Jhabua, you'll get the correct details.
How to Use IFSC Code UTIB0STNSBM for Online Transfers?
Once you have the IFSC Code UTIB0STNSBM for the Nagrik Sahkari Bank Maryadit Jhabua branch of Axis Bank in Jhabua, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0STNSBM. 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 UTIB0STNSBM.
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 Nagrik Sahkari Bank Maryadit Jhabua in Jhabua, it can result in delayed or failed transactions.
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 Nagrik Sahkari Bank Maryadit Jhabua, 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 Jhabua to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0STNSBM.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Purana Bus Stand Jhabua 457773 located in Jhabua, Jhabua, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.