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 Moshi Pune branch in Pune, 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 Pune or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0004875. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Moshi Pune, Pune

Here are some of the key details that come with the IFSC Code UTIB0004875 of Axis Bank for its branch located in Pune, within the district of Pune in the state of Maharashtra.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0004875
Branch Moshi Pune
City Pune
District Pune
State Maharashtra
Address Ground Floor, Shop No 1 P, Gk Palacio S No 111, Boradewadi, Dehu Alandi Road Moshi Pimpri Chinchwad Dist Pune 412105

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Pune for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0004875 for the Moshi Pune 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Moshi Pune, Pune, Maharashtra, are given a unique IFSC like UTIB0004875 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Pune.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Pune and Pune.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Axis Bank in Moshi Pune goes to the correct branch. This is important because Axis Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0004875

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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
  • 5th character (0): This is always zero and is reserved for future use.
  • Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Moshi Pune in Pune.

For example, the IFSC Code UTIB0004875 of Axis Bank for the Moshi Pune branch has these elements, identifying the bank and the branch location in Pune and Maharashtra correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0004875 of Axis Bank for its Moshi Pune 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 Moshi Pune or Pune to get the exact IFSC Code UTIB0004875.

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 UTIB0004875 for Online Transfers?

Once you have the IFSC Code UTIB0004875 for the Moshi Pune 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 UTIB0004875. 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 UTIB0004875.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Moshi Pune 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 Moshi Pune, 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)

What is the IFSC Code of Axis Bank Moshi Pune Pune?

The IFSC Code of the Moshi Pune Pune branch is UTIB0004875.

Is IFSC Code UTIB0004875 permanent?

Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.

Is IFSC the same as MICR?

No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.

Where can I find the IFSC Code of my bank branch?

You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.

What is the address of the Axis Bank Moshi Pune branch?

The branch is located at Ground Floor, Shop No 1 P, Gk Palacio S No 111, Boradewadi, Dehu Alandi Road Moshi Pimpri Chinchwad Dist Pune 412105.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.

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