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 Gangapur Road , Nashik branch in Nasik, 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 Nasik or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0001041. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Gangapur Road , Nashik, Nasik
The table below shows the main details of the IFSC Code UTIB0001041 for the Axis Bank branch in Nasik, which falls under the Nashik district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001041 |
| Branch | Gangapur Road , Nashik |
| City | Nasik |
| District | Nashik |
| State | Maharashtra |
| Address | Ground Floor, Shop No.5 A & B, Rishiraj Regency, Opp. Pumping Station, Gangapur Road , Nashik, Pin 422005 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Nasik for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001041 for the Gangapur Road , Nashik branch of Axis Bank has a very important role.
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 UTIB0001041 is given to every bank branch, including Axis Bank located in Gangapur Road , Nashik, 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 Nashik.
- 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 Gangapur Road , Nashik doesn't end up at another location.
Format of the IFSC Code UTIB0001041
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): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Gangapur Road , Nashik in Nasik.
For example, the IFSC Code UTIB0001041 of Axis Bank for the Gangapur Road , Nashik branch includes these elements, identifying the bank and the branch location in Nasik and Maharashtra accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0001041 of Axis Bank for its Gangapur Road , Nashik branch located in Nasik, 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 Nasik and Nashik, 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 Gangapur Road , Nashik or Nasik to get the exact IFSC Code UTIB0001041.
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 Nasik, you'll get the correct details.
How to Use IFSC Code UTIB0001041 for Online Transfers?
Once you have the IFSC Code UTIB0001041 for the Gangapur Road , Nashik 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 UTIB0001041. 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 UTIB0001041.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Gangapur Road , Nashik 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 differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Gangapur Road , Nashik, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Nasik manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001041.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor, Shop No.5 A & B, Rishiraj Regency, Opp. Pumping Station, Gangapur Road , Nashik, Pin 422005 located in Nasik, Nashik, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.