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 The Moti Urban Co Op Bank Visarwadi branch in Nandurbar, Visarwadi, 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 Nandurbar or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UTIB0STMUC2. 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, The Moti Urban Co Op Bank Visarwadi, Nandurbar

Here are the main details that are associated with the IFSC Code UTIB0STMUC2 of Axis Bank for its branch located in Nandurbar, within the district of Visarwadi in the state of Maharashtra.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0STMUC2
Branch The Moti Urban Co Op Bank Visarwadi
City Nandurbar
District Visarwadi
State Maharashtra
Address Gram Panchayat Property No 5127 Behind Gram Panchayat Office Po Visarwadi Dist Nandurbar 425426

These details helps users in online banking and for businesses and individuals who use Axis Bank in Nandurbar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0STMUC2 for the The Moti Urban Co Op Bank Visarwadi 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 provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in The Moti Urban Co Op Bank Visarwadi, Nandurbar, Maharashtra, is provided with a unique IFSC like UTIB0STMUC2 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Nandurbar.
  • 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 Nandurbar and Visarwadi.
  • 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 The Moti Urban Co Op Bank Visarwadi do not get mixed with another location.

Format of the IFSC Code UTIB0STMUC2

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 The Moti Urban Co Op Bank Visarwadi in Nandurbar.

For example, the IFSC Code UTIB0STMUC2 of Axis Bank for the The Moti Urban Co Op Bank Visarwadi branch includes these elements, identifying the bank and the branch location in Nandurbar and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0STMUC2 of Axis Bank for its The Moti Urban Co Op Bank Visarwadi branch located in Nandurbar, 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 Nandurbar and Visarwadi, 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 Moti Urban Co Op Bank Visarwadi or Nandurbar to get the exact IFSC Code UTIB0STMUC2.

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 Nandurbar, you'll get the correct details.

How to Use IFSC Code UTIB0STMUC2 for Online Transfers?

Once you have the IFSC Code UTIB0STMUC2 for the The Moti Urban Co Op Bank Visarwadi branch of Axis Bank in Nandurbar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0STMUC2. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0STMUC2.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank The Moti Urban Co Op Bank Visarwadi in Nandurbar 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 The Moti Urban Co Op Bank Visarwadi, 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 Nandurbar to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in The Moti Urban Co Op Bank Visarwadi, Nandurbar?

The IFSC Code is UTIB0STMUC2.

Is the IFSC Code UTIB0STMUC2 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank The Moti Urban Co Op Bank Visarwadi?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the The Moti Urban Co Op Bank Visarwadi branch?

The address of the branch is Gram Panchayat Property No 5127 Behind Gram Panchayat Office Po Visarwadi Dist Nandurbar 425426 located in Nandurbar, Visarwadi, Maharashtra.

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.