The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Chikhli Road Pimpri Chinchwad branch in Pune, Pune, Maharashtra, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0002654. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Chikhli Road Pimpri Chinchwad, Pune
The table below shows the main details of the IFSC Code UTIB0002654 for the Axis Bank branch in Pune, which falls under the Pune district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002654 |
| Branch | Chikhli Road Pimpri Chinchwad |
| City | Pune |
| District | Pune |
| State | Maharashtra |
| Address | Ground Floor Gmc Vastu Shop No 6 To 11 Plot No1221 Purna Nagar Pimpri Chinchwad Pune Pin 411019 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Pune for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002654 for the Chikhli Road Pimpri Chinchwad 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 UTIB0002654 is given to every bank branch, including Axis Bank located in Chikhli Road Pimpri Chinchwad, Pune, 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 Pune.
- 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 Pune 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 Chikhli Road Pimpri Chinchwad doesn't end up at another location.
Format of the IFSC Code UTIB0002654
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 Chikhli Road Pimpri Chinchwad in Pune.
For example, the IFSC Code UTIB0002654 of Axis Bank for the Chikhli Road Pimpri Chinchwad branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002654 of Axis Bank for its Chikhli Road Pimpri Chinchwad branch located in Pune, 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 Pune 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 Chikhli Road Pimpri Chinchwad or Pune to get the exact IFSC Code UTIB0002654.
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 Pune that will provide accurate information.
How to Use IFSC Code UTIB0002654 for Online Transfers?
Once you have the IFSC Code UTIB0002654 for the Chikhli Road Pimpri Chinchwad branch of Axis Bank in Pune, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0002654. 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 UTIB0002654.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Chikhli Road Pimpri Chinchwad in Pune, your payment can get delayed or might not go through at all.
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 Chikhli Road Pimpri Chinchwad, 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 Pune manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002654.
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 Gmc Vastu Shop No 6 To 11 Plot No1221 Purna Nagar Pimpri Chinchwad Pune Pin 411019 located in Pune, Pune, Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.