IFSC Code of Axis Bank, Cidco Nashik, Nashik, Maharashtra- UTIB0003370

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 Cidco Nashik branch in Nashik, Nashik, 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 Nashik or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0003370. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Cidco Nashik, Nashik

Below in the table are the key details related to IFSC Code UTIB0003370 of Axis Bank for its branch located in Nashik, within the district of Nashik in the state of Maharashtra.

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Nashik for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0003370 for the Cidco Nashik branch of Axis Bank is vital.

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 Cidco Nashik, Nashik, Maharashtra, is provided a unique IFSC like UTIB0003370 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Nashik.
• 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 Nashik and Nashik.
• 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 Cidco Nashik do not get misguided to another person.

Format of the IFSC Code UTIB0003370

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 Cidco Nashik in Nashik.

For example, the IFSC Code UTIB0003370 of Axis Bank for the Cidco Nashik branch includes these elements, identifying the bank and the branch location in Nashik and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0003370 of Axis Bank for its Cidco Nashik branch located in Nashik, 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 Nashik and Nashik, 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 Cidco Nashik or Nashik to get the exact IFSC Code UTIB0003370.

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 Nashik, then it will provide you proper information.

How to Use IFSC Code UTIB0003370 for Online Transfers?

If you have the IFSC Code UTIB0003370 for the Cidco Nashik branch of Axis Bank in Nashik, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003370. 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 UTIB0003370.

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 Cidco Nashik in Nashik, 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 Cidco Nashik, 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 Nashik to handle online money transfers and get their cheques cleared smoothly.