IFSC Code of Axis Bank, Datta Mandir Road Wakad, Pune, Maharashtra — UTIB0004520

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 Datta Mandir Road Wakad branch in Pimpri Chinchwad, Pune, 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 Pimpri Chinchwad or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0004520. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Datta Mandir Road Wakad, Pimpri Chinchwad

Below in the table are the key details related to IFSC Code UTIB0004520 of Axis Bank for its branch located in Pimpri Chinchwad, within the district of Pune in the state of Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Pimpri Chinchwad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004520 for the Datta Mandir Road Wakad branch of Axis Bank plays an 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 UTIB0004520 is given to every bank branch, including Axis Bank located in Datta Mandir Road Wakad, Pimpri Chinchwad, 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 Pimpri Chinchwad.
• 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 Pimpri Chinchwad and Pune.
• 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 Datta Mandir Road Wakad doesn't end up at another location.

Format of the IFSC Code UTIB0004520

The format of the IFSC Code for banks, including Axis Bank, has 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 Datta Mandir Road Wakad in Pimpri Chinchwad.

For example, the IFSC Code UTIB0004520 of Axis Bank for the Datta Mandir Road Wakad branch includes these elements, identifying the bank and the branch location in Pimpri Chinchwad and Maharashtra correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0004520 of Axis Bank for its Datta Mandir Road Wakad branch located in Pimpri Chinchwad, the following methods can help:

Cheque Book

The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

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

Bank Website

Visit the official website of Axis Bank and find the branch locator section. Search for Datta Mandir Road Wakad or Pimpri Chinchwad to get the exact IFSC Code UTIB0004520.

Mobile Banking App

If you use Axis Bank's mobile app, you can easily 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 to help you in searching for Axis Bank and Pimpri Chinchwad that will provide accurate information.

How to Use IFSC Code UTIB0004520 for Online Transfers?

If you have the IFSC Code UTIB0004520 for the Datta Mandir Road Wakad branch of Axis Bank in Pimpri Chinchwad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0004520. 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 UTIB0004520.

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 Datta Mandir Road Wakad in Pimpri Chinchwad, 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 Datta Mandir Road Wakad, 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 Pimpri Chinchwad manage online transfers as well as cheque clearances with ease.