IFSC Code of Axis Bank, Loknete Dattaji Patil Sahkari Bank, Lasalgaon, Maharashtra- UTIB0SLDP47

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 Loknete Dattaji Patil Sahkari Bank branch in Nasik, Lasalgaon, 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 UTIB0SLDP47. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Loknete Dattaji Patil Sahkari Bank, Nasik

Here are the key points that are associated with the IFSC Code UTIB0SLDP47 of Axis Bank for its branch located in Nasik, within the district of Lasalgaon in the state of Maharashtra.

These details helps 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 UTIB0SLDP47 for the Loknete Dattaji Patil Sahkari Bank 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0SLDP47 is given to every bank branch, including Axis Bank located in Loknete Dattaji Patil Sahkari Bank, 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 Lasalgaon.
• 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 Loknete Dattaji Patil Sahkari Bank doesn't end up at another location.

Format of the IFSC Code UTIB0SLDP47

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 Loknete Dattaji Patil Sahkari Bank in Nasik.

For example, the IFSC Code UTIB0SLDP47 of Axis Bank for the Loknete Dattaji Patil Sahkari Bank 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 UTIB0SLDP47 of Axis Bank for its Loknete Dattaji Patil Sahkari Bank 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 Lasalgaon, 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 Loknete Dattaji Patil Sahkari Bank or Nasik to find the exact IFSC Code UTIB0SLDP47.

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 UTIB0SLDP47 for Online Transfers?

Once you have the IFSC Code UTIB0SLDP47 for the Loknete Dattaji Patil Sahkari Bank branch of Axis Bank in Nasik, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SLDP47. 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 UTIB0SLDP47.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Loknete Dattaji Patil Sahkari Bank in Nasik may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Loknete Dattaji Patil Sahkari Bank, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Axis Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Nasik manage online transfers as well as cheque clearances with ease.