For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Sknsbl Sitabardi Nagpur branch in Nagpur, Nagpur, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Nagpur or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SKNS06. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Sknsbl Sitabardi Nagpur, Nagpur

Here are some of the key details that come with the IFSC Code UTIB0SKNS06 of Axis Bank for its branch located in Nagpur, within the district of Nagpur in the state of Maharashtra.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SKNS06
Branch Sknsbl Sitabardi Nagpur
City Nagpur
District Nagpur
State Maharashtra
Address Plot No 138A Ward No 107 Chakkarwar Court Sony Lane Sita Buldi Nagpur 440012

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Nagpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0SKNS06 for the Sknsbl Sitabardi Nagpur 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, along with Axis Bank located in Sknsbl Sitabardi Nagpur, Nagpur, Maharashtra, are allotted a unique IFSC like UTIB0SKNS06 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Nagpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Nagpur and Nagpur.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It makes sure that money sent to Axis Bank in Sknsbl Sitabardi Nagpur reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code UTIB0SKNS06

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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Sknsbl Sitabardi Nagpur in Nagpur.

For example, the IFSC Code UTIB0SKNS06 of Axis Bank for the Sknsbl Sitabardi Nagpur branch has these elements, identifying the bank and the branch location in Nagpur and Maharashtra correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0SKNS06 of Axis Bank for its Sknsbl Sitabardi Nagpur branch located in Nagpur, 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 Nagpur and Nagpur, 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 Sknsbl Sitabardi Nagpur or Nagpur to get the exact IFSC Code UTIB0SKNS06.

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 Nagpur, you'll get the correct details.

How to Use IFSC Code UTIB0SKNS06 for Online Transfers?

If you have the IFSC Code UTIB0SKNS06 for the Sknsbl Sitabardi Nagpur branch of Axis Bank in Nagpur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SKNS06. Transfers are processed in batches. Suitable for 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0SKNS06.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Sknsbl Sitabardi Nagpur in Nagpur, it may 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 Sknsbl Sitabardi Nagpur, 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 Nagpur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank Sknsbl Sitabardi Nagpur Nagpur?

The IFSC Code of the Sknsbl Sitabardi Nagpur Nagpur branch is UTIB0SKNS06.

Is IFSC Code UTIB0SKNS06 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Axis Bank Sknsbl Sitabardi Nagpur branch?

The branch is located at Plot No 138A Ward No 107 Chakkarwar Court Sony Lane Sita Buldi Nagpur 440012.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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