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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Yavatmal Dist Central Coop Bank Ltd branch in Yavatmal, Wadhona Bz., Maharashtra, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in Yavatmal or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SYDC35. 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, Yavatmal Dist Central Coop Bank Ltd, Yavatmal
Here are some of the key details that come with the IFSC Code UTIB0SYDC35 of Axis Bank for its branch located in Yavatmal, within the district of Wadhona Bz. in the state of Maharashtra.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SYDC35 |
| Branch | Yavatmal Dist Central Coop Bank Ltd |
| City | Yavatmal |
| District | Wadhona Bz. |
| State | Maharashtra |
| Address | At Po Wadhona Bz, Tah Ralegaon 445402 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Yavatmal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SYDC35 for the Yavatmal Dist Central Coop Bank Ltd branch of Axis Bank plays a vital 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 Yavatmal Dist Central Coop Bank Ltd, Yavatmal, Maharashtra, are given a unique IFSC like UTIB0SYDC35 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Yavatmal.
- 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 Yavatmal and Wadhona Bz..
- 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 Yavatmal Dist Central Coop Bank Ltd goes to the correct branch. This is important because Axis Bank has thousands of branches in Maharashtra and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0SYDC35
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 Yavatmal Dist Central Coop Bank Ltd in Yavatmal.
For example, the IFSC Code UTIB0SYDC35 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 correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0SYDC35 of Axis Bank for its Yavatmal Dist Central Coop Bank Ltd branch located in Yavatmal, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Yavatmal and Wadhona Bz., print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Yavatmal Dist Central Coop Bank Ltd or Yavatmal to find the exact IFSC Code UTIB0SYDC35.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Yavatmal will provide accurate information.
How to Use IFSC Code UTIB0SYDC35 for Online Transfers?
Once you have the IFSC Code UTIB0SYDC35 for the Yavatmal Dist Central Coop Bank Ltd branch of Axis Bank in Yavatmal, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0SYDC35. Transfers are processed in batches. This is suitable for 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 UTIB0SYDC35.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Yavatmal Dist Central Coop Bank Ltd in Yavatmal may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Yavatmal Dist Central Coop Bank Ltd, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Yavatmal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0SYDC35.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is At Po Wadhona Bz, Tah Ralegaon 445402 located in Yavatmal, Wadhona Bz., Maharashtra.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.