There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Dahanu branch in Thane, Dahanu, Maharashtra, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Thane or anywhere in Maharashtra can easily transfer funds instantly by using the correct IFSC Code UTIB0003068. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Dahanu, Thane

Here are the main details that are associated with the IFSC Code UTIB0003068 of Axis Bank for its branch located in Thane, within the district of Dahanu in the state of Maharashtra.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0003068
Branch Dahanu
City Thane
District Dahanu
State Maharashtra
Address Ground Floor H K Hall Station Dahanu Road Dahanu Palghar Maharashtra Pin 401602

These details help users in online banking and for businesses and individuals who use Axis Bank in Thane for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003068 for the Dahanu branch of Axis Bank has a very 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 Dahanu, Thane, Maharashtra, are allotted a unique IFSC like UTIB0003068 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Thane.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents confusion between different branches of the same bank in places like Thane and Dahanu.
  • 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 Dahanu reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code UTIB0003068

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 Dahanu in Thane.

For example, the IFSC Code UTIB0003068 of Axis Bank for the Dahanu branch has these elements, identifying the bank and the branch location in Thane and Maharashtra correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0003068 of Axis Bank for its Dahanu branch located in Thane, 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 Thane and Dahanu, 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 Dahanu or Thane to get the exact IFSC Code UTIB0003068.

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 Thane that will provide accurate information.

How to Use IFSC Code UTIB0003068 for Online Transfers?

Once you have the IFSC Code UTIB0003068 for the Dahanu branch of Axis Bank in Thane, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0003068. 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 UTIB0003068.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Dahanu in Thane, 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 Dahanu, 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 Thane to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Dahanu, Thane?

The IFSC Code is UTIB0003068.

Is the IFSC Code UTIB0003068 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Dahanu?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Dahanu branch?

The address of the branch is Ground Floor H K Hall Station Dahanu Road Dahanu Palghar Maharashtra Pin 401602 located in Thane, Dahanu, Maharashtra.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.