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 Guradiya Munda branch in Sehore, Shore, 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 Sehore or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0004602. 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, Guradiya Munda, Sehore
The table below shows the main details of the IFSC Code UTIB0004602 for the Axis Bank branch in Sehore, which falls under the Shore district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004602 |
| Branch | Guradiya Munda |
| City | Sehore |
| District | Shore |
| State | Madhya Pradesh |
| Address | Patidar Complex, Jawar Jod, Indore Bhopal Main Road, Village Guradia Manda Tehsil Jawar |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Sehore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004602 for the Guradiya Munda 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 Guradiya Munda, Sehore, Madhya Pradesh, are allotted a unique IFSC like UTIB0004602 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sehore.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Sehore and Shore.
- 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 Guradiya Munda reaches the right place, even though there are thousands of branches in Madhya Pradesh and across India.
Format of the IFSC Code UTIB0004602
This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Guradiya Munda in Sehore.
For example, the IFSC Code UTIB0004602 of Axis Bank for the Guradiya Munda branch includes these elements, identifying the bank and the branch location in Sehore and Madhya Pradesh accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0004602 of Axis Bank for its Guradiya Munda branch located in Sehore, 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 Sehore and Shore, 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 Guradiya Munda or Sehore to get the exact IFSC Code UTIB0004602.
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 Sehore, then it will provide you proper information.
How to Use IFSC Code UTIB0004602 for Online Transfers?
Once you have the IFSC Code UTIB0004602 for the Guradiya Munda branch of Axis Bank in Sehore, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0004602. 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 UTIB0004602.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Guradiya Munda in Sehore, your payment can get delayed or might not go through at all.
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 Guradiya Munda, 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 Sehore manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004602.
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 Patidar Complex, Jawar Jod, Indore Bhopal Main Road, Village Guradia Manda Tehsil Jawar located in Sehore, Shore, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.