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 Vinayakpura Ichhawar branch in Sehore, Ichhawar, 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 UTIB0004945. 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, Vinayakpura Ichhawar, Sehore
Below in the table are the key details related to IFSC Code UTIB0004945 of Axis Bank for its branch located in Sehore, within the district of Ichhawar in the state of Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004945 |
| Branch | Vinayakpura Ichhawar |
| City | Sehore |
| District | Ichhawar |
| State | Madhya Pradesh |
| Address | Ground Floor Khasra No 4813 Village Vinayakpura Tehasil Ichhawar |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Sehore for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004945 for the Vinayakpura Ichhawar branch of Axis Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Vinayakpura Ichhawar, Sehore, Madhya Pradesh, is provided a unique IFSC like UTIB0004945 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Sehore.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Sehore and Ichhawar.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Madhya Pradesh and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Vinayakpura Ichhawar do not get misguided to another person.
Format of the IFSC Code UTIB0004945
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 Vinayakpura Ichhawar in Sehore.
For example, the IFSC Code UTIB0004945 of Axis Bank for the Vinayakpura Ichhawar branch has these elements, identifying the bank and the branch location in Sehore and Madhya Pradesh correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0004945 of Axis Bank for its Vinayakpura Ichhawar branch located in Sehore, 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 Sehore and Ichhawar, 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 Vinayakpura Ichhawar or Sehore to find the exact IFSC Code UTIB0004945.
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 Sehore will provide accurate information.
How to Use IFSC Code UTIB0004945 for Online Transfers?
If you have the IFSC Code UTIB0004945 for the Vinayakpura Ichhawar branch of Axis Bank in Sehore, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004945. 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 UTIB0004945.
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 Vinayakpura Ichhawar in Sehore, it 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 Vinayakpura Ichhawar, 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 UTIB0004945.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor Khasra No 4813 Village Vinayakpura Tehasil Ichhawar located in Sehore, Ichhawar, Madhya Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.