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 Waidhan , Madhya Pradesh branch in Sidhi, Waidhan, 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 Sidhi or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0000886. 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, Waidhan , Madhya Pradesh, Sidhi
The table below shows the main details of the IFSC Code UTIB0000886 for the Axis Bank branch in Sidhi, which falls under the Waidhan district in Madhya Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000886 |
| Branch | Waidhan , Madhya Pradesh |
| City | Sidhi |
| District | Waidhan |
| State | Madhya Pradesh |
| Address | Ground Floor, Shiv Ganga Complex, Tali Waidhan, Waidhan, Dist. Singrauli , Madhya Pradesh , Pin 486886 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Sidhi for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000886 for the Waidhan , Madhya Pradesh 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 Waidhan , Madhya Pradesh, Sidhi, Madhya Pradesh, are given a unique IFSC like UTIB0000886 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Sidhi.
- 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 Sidhi and Waidhan.
- 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 Waidhan , Madhya Pradesh goes to the correct branch. This is important because Axis Bank has thousands of branches in Madhya Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0000886
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 Waidhan , Madhya Pradesh in Sidhi.
For example, the IFSC Code UTIB0000886 of Axis Bank for the Waidhan , Madhya Pradesh branch includes these elements, identifying the bank and the branch location in Sidhi and Madhya Pradesh accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0000886 of Axis Bank for its Waidhan , Madhya Pradesh branch located in Sidhi, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Sidhi and Waidhan, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Waidhan , Madhya Pradesh or Sidhi to get the exact IFSC Code UTIB0000886.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily 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 to help you in searching for Axis Bank and Sidhi that will provide accurate information.
How to Use IFSC Code UTIB0000886 for Online Transfers?
Once you have the IFSC Code UTIB0000886 for the Waidhan , Madhya Pradesh branch of Axis Bank in Sidhi, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0000886. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0000886.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Waidhan , Madhya Pradesh in Sidhi, your payment can get delayed or might not go through at all.
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 Waidhan , Madhya Pradesh, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Sidhi to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code of the Waidhan , Madhya Pradesh Sidhi branch is UTIB0000886.
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, Shiv Ganga Complex, Tali Waidhan, Waidhan, Dist. Singrauli , Madhya Pradesh , Pin 486886.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.