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 Shirwal branch in Satara, Shirwal, or Maharashtra, 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 Satara or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0003106. 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, Shirwal, Satara
The table below shows the main details of the IFSC Code UTIB0003106 for the Axis Bank branch in Satara, which falls under the Shirwal district in Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003106 |
| Branch | Shirwal |
| City | Satara |
| District | Shirwal |
| State | Maharashtra |
| Address | Ground Floor Baliraja Complex Pune Banglore Highway Nh4 Shirwal Taluka Khandala Satara 412801 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Satara for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003106 for the Shirwal 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Shirwal, Satara, Maharashtra, are given a unique IFSC like UTIB0003106 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Satara.
- 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 Satara and Shirwal.
- 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 Shirwal 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 UTIB0003106
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 Shirwal in Satara.
For example, the IFSC Code UTIB0003106 of Axis Bank for the Shirwal branch includes these elements, identifying the bank and the branch location in Satara and Maharashtra accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0003106 of Axis Bank for its Shirwal branch located in Satara, 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 Satara and Shirwal, 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 Shirwal or Satara to find the exact IFSC Code UTIB0003106.
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 Satara will provide accurate information.
How to Use IFSC Code UTIB0003106 for Online Transfers?
Once you have the IFSC Code UTIB0003106 for the Shirwal branch of Axis Bank in Satara, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0003106. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0003106.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Shirwal in Satara, it can 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 Shirwal, 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 Satara manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shirwal Satara branch is UTIB0003106.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Floor Baliraja Complex Pune Banglore Highway Nh4 Shirwal Taluka Khandala Satara 412801.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.