IFSC Code of Axis Bank, Yavatmal Dist Central Coop Bank Ltd, Sakhara Umarkhed, Maharashtra- UTIB0SYDC88

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, Sakhara Umarkhed, 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 UTIB0SYDC88. 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 UTIB0SYDC88 of Axis Bank for its branch located in Yavatmal, within the district of Sakhara Umarkhed in the state of Maharashtra.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Yavatmal for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SYDC88 for the Yavatmal Dist Central Coop Bank Ltd 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, along with Axis Bank located in Yavatmal Dist Central Coop Bank Ltd, Yavatmal, Maharashtra, are given a unique IFSC like UTIB0SYDC88 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 Sakhara Umarkhed.
• 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 UTIB0SYDC88

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

AAAA0CCCCCC

Here's the breakdown:

• First 4 characters (AAAA): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Yavatmal Dist Central Coop Bank Ltd in Yavatmal.

For example, the IFSC Code UTIB0SYDC88 of Axis Bank for the Yavatmal Dist Central Coop Bank Ltd branch has these elements, identifying the bank and the branch location in Yavatmal and Maharashtra correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0SYDC88 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 Sakhara Umarkhed, 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 UTIB0SYDC88.

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 UTIB0SYDC88 for Online Transfers?

Once you have the IFSC Code UTIB0SYDC88 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 UTIB0SYDC88. 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 UTIB0SYDC88.

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.