IFSC Code of Axis Bank, Andarsul Urban Co Op Bank Ltd, Andarsul, Maharashtra- UTIB0SAUCB1

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 Andarsul Urban Co Op Bank Ltd branch in Nasik, Andarsul, 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 Nasik or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UTIB0SAUCB1. 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, Andarsul Urban Co Op Bank Ltd, Nasik

Here are the key points that are associated with the IFSC Code UTIB0SAUCB1 of Axis Bank for its branch located in Nasik, within the district of Andarsul 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 Nasik for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0SAUCB1 for the Andarsul Urban Co Op Bank Ltd 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0SAUCB1 is given to every bank branch, including Axis Bank located in Andarsul Urban Co Op Bank Ltd, Nasik, 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 Nasik.
• 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 Nasik and Andarsul.
• 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 Andarsul Urban Co Op Bank Ltd doesn't end up at another location.

Format of the IFSC Code UTIB0SAUCB1

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 Andarsul Urban Co Op Bank Ltd in Nasik.

For example, the IFSC Code UTIB0SAUCB1 of Axis Bank for the Andarsul Urban Co Op Bank Ltd branch includes these elements, identifying the bank and the branch location in Nasik and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0SAUCB1 of Axis Bank for its Andarsul Urban Co Op Bank Ltd branch located in Nasik, the following methods can help you out:

Cheque Book

The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in Nasik and Andarsul, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and go to the branch locator section. Then search for Andarsul Urban Co Op Bank Ltd or Nasik to find the exact IFSC Code UTIB0SAUCB1.

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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Nasik will provide accurate information.

How to Use IFSC Code UTIB0SAUCB1 for Online Transfers?

Once you have the IFSC Code UTIB0SAUCB1 for the Andarsul Urban Co Op Bank Ltd branch of Axis Bank in Nasik, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0SAUCB1. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UTIB0SAUCB1.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Andarsul Urban Co Op Bank Ltd in Nasik, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Andarsul Urban Co Op Bank Ltd, here are some of the ways you can get 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.

Knowing both IFSC and MICR code can help account holders in Nasik manage their online transfers and cheque clearances easily.