The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Yavatmal Dist Central Coop Bank Ltd branch in Yavatmal, Zadgaon, Maharashtra, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Axis Bank located in Yavatmal or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SYDC32. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Yavatmal Dist Central Coop Bank Ltd, Yavatmal

The table below shows the main details of the IFSC Code UTIB0SYDC32 for the Axis Bank branch in Yavatmal, which falls under the Zadgaon district in Maharashtra.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0SYDC32
Branch Yavatmal Dist Central Coop Bank Ltd
City Yavatmal
District Zadgaon
State Maharashtra
Address At Po Zadgaon, Tah Ralegaon 445402

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Yavatmal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0SYDC32 for the Yavatmal Dist Central Coop Bank Ltd branch of Axis Bank is vital.

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 Yavatmal Dist Central Coop Bank Ltd, Yavatmal, Maharashtra, is provided a unique IFSC like UTIB0SYDC32 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Axis Bank branch in Yavatmal.
  • 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 Yavatmal and Zadgaon.
  • 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 Maharashtra and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Yavatmal Dist Central Coop Bank Ltd do not get misguided to another person.

Format of the IFSC Code UTIB0SYDC32

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 Yavatmal Dist Central Coop Bank Ltd in Yavatmal.

For example, the IFSC Code UTIB0SYDC32 of Axis Bank for the Yavatmal Dist Central Coop Bank Ltd branch includes these elements, identifying the bank and the branch location in Yavatmal and Maharashtra accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0SYDC32 of Axis Bank for its Yavatmal Dist Central Coop Bank Ltd branch located in Yavatmal, the following methods can help:

Cheque Book

The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.

Passbook

Most banks, including Axis Bank branches in Yavatmal and Zadgaon, print the IFSC and MICR codes on the first page of your passbook.

Bank Website

Visit the official website of Axis Bank and navigate to the branch locator section. Search for Yavatmal Dist Central Coop Bank Ltd or Yavatmal to get the exact IFSC Code UTIB0SYDC32.

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 keeps an updated list of all IFSC codes. If you search for Axis Bank and Yavatmal, you'll get the correct details.

How to Use IFSC Code UTIB0SYDC32 for Online Transfers?

Once you have the IFSC Code UTIB0SYDC32 for the Yavatmal Dist Central Coop Bank Ltd branch of Axis Bank in Yavatmal, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SYDC32. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0SYDC32.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Yavatmal Dist Central Coop Bank Ltd in Yavatmal, it can 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 Yavatmal Dist Central Coop Bank Ltd, 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 Yavatmal manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Yavatmal Dist Central Coop Bank Ltd, Yavatmal?

The IFSC Code is UTIB0SYDC32.

Is the IFSC Code UTIB0SYDC32 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Yavatmal Dist Central Coop Bank Ltd?

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

What is the full address of the Yavatmal Dist Central Coop Bank Ltd branch?

The address of the branch is At Po Zadgaon, Tah Ralegaon 445402 located in Yavatmal, Zadgaon, 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.