IFSC Code of Axis Bank, Yavatmal Dist Central Coop Bank Ltd, Mahagaon Ps, Maharashtra- UTIB0SYDC83

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 Yavatmal Dist Central Coop Bank Ltd branch in Yavatmal, Mahagaon Ps, or Maharashtra, 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 Yavatmal or anywhere in Maharashtra can transfer funds instantly by using the correct IFSC Code UTIB0SYDC83. 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 UTIB0SYDC83 of Axis Bank for its branch located in Yavatmal, within the district of Mahagaon Ps in the state of Maharashtra.

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Yavatmal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SYDC83 for the Yavatmal Dist Central Coop Bank Ltd branch of Axis Bank plays an important role.

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 UTIB0SYDC83 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 Mahagaon Ps.
• 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 UTIB0SYDC83

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Yavatmal Dist Central Coop Bank Ltd in Yavatmal.

For example, the IFSC Code UTIB0SYDC83 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 UTIB0SYDC83 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 Mahagaon Ps, 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 UTIB0SYDC83.

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 UTIB0SYDC83 for Online Transfers?

Once you have the IFSC Code UTIB0SYDC83 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 the beneficiary's name, account number, and IFSC Code UTIB0SYDC83. 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 UTIB0SYDC83.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Yavatmal Dist Central Coop Bank Ltd in Yavatmal, your payment can get delayed or might not go through at all.

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.