IFSC Code of Axis Bank, Yavatmal Dist Central Coop Bank Ltd, Shirasgaon Pandhari, Maharashtra- UTIB0SYDC70

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, Shirasgaon Pandhari, 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 UTIB0SYDC70. 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 the main details that are associated with the IFSC Code UTIB0SYDC70 of Axis Bank for its branch located in Yavatmal, within the district of Shirasgaon Pandhari in the state of Maharashtra.

These details help 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 UTIB0SYDC70 for the Yavatmal Dist Central Coop Bank Ltd 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0SYDC70 is given to every bank branch, including Axis Bank located in Yavatmal Dist Central Coop Bank Ltd, Yavatmal, Maharashtra, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Yavatmal.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any kind of confusion between multiple branches of the same bank across different places like Yavatmal and Shirasgaon Pandhari.
• It removes errors in fund transfers and improves accuracy.
• It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Maharashtra and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Yavatmal Dist Central Coop Bank Ltd doesn't end up at another location.

Format of the IFSC Code UTIB0SYDC70

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 UTIB0SYDC70 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 UTIB0SYDC70 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

You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Yavatmal and Shirasgaon Pandhari, print them 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 UTIB0SYDC70.

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 UTIB0SYDC70 for Online Transfers?

Once you have the IFSC Code UTIB0SYDC70 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 UTIB0SYDC70. 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 UTIB0SYDC70.

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 cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Yavatmal Dist Central Coop Bank Ltd, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Yavatmal manage online transfers as well as cheque clearances with ease.