There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Thermax Chowk Pimpri branch in Pune, Pune, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Pune or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UTIB0002762. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Thermax Chowk Pimpri, Pune

Here are the main details that are associated with the IFSC Code UTIB0002762 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 UTIB0002762
Branch Thermax Chowk Pimpri
City Pune
District Pune
State Maharashtra
Address Omkar Plaza Grnd Flr Plot No Gp 77 G Block Midc Nr Thermax Chowk Pimpri Chinchwad Pune 411019

These details helps 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 UTIB0002762 for the Thermax Chowk Pimpri 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Thermax Chowk Pimpri, Pune, Maharashtra, are given a unique IFSC like UTIB0002762 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 Thermax Chowk Pimpri 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 UTIB0002762

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 Thermax Chowk Pimpri in Pune.

For example, the IFSC Code UTIB0002762 of Axis Bank for the Thermax Chowk Pimpri branch includes these elements, identifying the bank and the branch location in Pune and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0002762 of Axis Bank for its Thermax Chowk Pimpri branch located in Pune, 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 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 go to the branch locator section. Then search for Thermax Chowk Pimpri or Pune to find the exact IFSC Code UTIB0002762.

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 Pune will provide accurate information.

How to Use IFSC Code UTIB0002762 for Online Transfers?

If you have the IFSC Code UTIB0002762 for the Thermax Chowk Pimpri branch of Axis Bank in Pune, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002762. 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 UTIB0002762.

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 Thermax Chowk Pimpri in Pune, 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 Thermax Chowk Pimpri, 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 Pune manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Thermax Chowk Pimpri, Pune?

The IFSC Code is UTIB0002762.

Is the IFSC Code UTIB0002762 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Thermax Chowk Pimpri?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Thermax Chowk Pimpri branch?

The address of the branch is Omkar Plaza Grnd Flr Plot No Gp 77 G Block Midc Nr Thermax Chowk Pimpri Chinchwad Pune 411019 located in Pune, Pune, Maharashtra.

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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