IFSC Code of Axis Bank, Ulhasnagar (East), Ulhasnagar, Maharashtra- UTIB0001053

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Ulhasnagar (East) branch in Thane, Ulhasnagar, Maharashtra, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Thane or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0001053. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Ulhasnagar (East), Thane

Here are some of the key details that come with the IFSC Code UTIB0001053 of Axis Bank for its branch located in Thane, within the district of Ulhasnagar in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Thane for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001053 for the Ulhasnagar (East) 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 Ulhasnagar (East), Thane, Maharashtra, are allotted a unique IFSC like UTIB0001053 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 Ulhasnagar.
• 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 Ulhasnagar (East) reaches the right place, even though there are thousands of branches in Maharashtra and across India.

Format of the IFSC Code UTIB0001053

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 Ulhasnagar (East) in Thane.

For example, the IFSC Code UTIB0001053 of Axis Bank for the Ulhasnagar (East) branch includes these elements, identifying the bank and the branch location in Thane and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0001053 of Axis Bank for its Ulhasnagar (East) branch located in Thane, 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 Thane and Ulhasnagar, 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 Ulhasnagar (East) or Thane to get the exact IFSC Code UTIB0001053.

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 Thane, then it will provide you proper information.

How to Use IFSC Code UTIB0001053 for Online Transfers?

Once you have the IFSC Code UTIB0001053 for the Ulhasnagar (East) 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 UTIB0001053. 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 UTIB0001053.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Ulhasnagar (East) 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 Ulhasnagar (East), 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.