IFSC Code of Axis Bank, Khurai, Khurai, Madhya Pradesh- UTIB0002593

Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Khurai branch in Sagar, Khurai, or Madhya Pradesh, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Sagar or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0002593. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Khurai, Sagar

Here are some of the key details that come with the IFSC Code UTIB0002593 of Axis Bank for its branch located in Sagar, within the district of Khurai in the state of Madhya Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Sagar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002593 for the Khurai branch of Axis Bank has an important 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 Khurai, Sagar, Madhya Pradesh, are allotted a unique IFSC like UTIB0002593 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

It makes sure that money sent to Axis Bank in Khurai reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.

Format of the IFSC Code UTIB0002593

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 Khurai in Sagar.

For example, the IFSC Code UTIB0002593 of Axis Bank for the Khurai branch includes these elements, identifying the bank and the branch location in Sagar and Madhya Pradesh accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0002593 of Axis Bank for its Khurai branch located in Sagar, the following methods can help:

Cheque Book

The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

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

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Khurai or Sagar to get the exact IFSC Code UTIB0002593.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Sagar, then it will provide you proper information.

How to Use IFSC Code UTIB0002593 for Online Transfers?

Once you have the IFSC Code UTIB0002593 for the Khurai branch of Axis Bank in Sagar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002593. 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 UTIB0002593.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Khurai in Sagar may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Khurai, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Sagar manage their online transfers and cheque clearances easily.