IFSC Code of Axis Bank, Kanthal, Ujjain (Mp), Ujjain, Madhya Pradesh- UTIB0001932

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 Kanthal, Ujjain (Mp) branch in Ujjain, Ujjain, 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 Ujjain or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0001932. 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, Kanthal, Ujjain (Mp), Ujjain

Here are the main details that are associated with the IFSC Code UTIB0001932 of Axis Bank for its branch located in Ujjain, within the district of Ujjain in the state of Madhya Pradesh.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Ujjain for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001932 for the Kanthal, Ujjain (Mp) 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, including Axis Bank located in Kanthal, Ujjain (Mp), Ujjain, Madhya Pradesh, is provided with a unique IFSC like UTIB0001932 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Ujjain.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Ujjain and Ujjain.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Kanthal, Ujjain (Mp) do not get mixed with another location.

Format of the IFSC Code UTIB0001932

The format of the IFSC Code for banks, including Axis Bank, has 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 Kanthal, Ujjain (Mp) in Ujjain.

For example, the IFSC Code UTIB0001932 of Axis Bank for the Kanthal, Ujjain (Mp) branch includes these elements, identifying the bank and the branch location in Ujjain and Madhya Pradesh correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0001932 of Axis Bank for its Kanthal, Ujjain (Mp) branch located in Ujjain, 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 Ujjain and Ujjain, 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 Kanthal, Ujjain (Mp) or Ujjain to get the exact IFSC Code UTIB0001932.

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 Ujjain that will provide accurate information.

How to Use IFSC Code UTIB0001932 for Online Transfers?

Once you have the IFSC Code UTIB0001932 for the Kanthal, Ujjain (Mp) branch of Axis Bank in Ujjain, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0001932. 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 UTIB0001932.

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