IFSC Code UTIB0000463 - Axis Bank-RATLAM (MADHYA PRADESH)-Ratlam

Detail Information
IFSC Code UTIB0000463
Bank Name Axis Bank
Address ANKLESARIA COMPLEX, GROUND FLOOR, OPPOSITE DRM OFFICE,DO BATTI,
District Ratlam
State Madhya pradesh
Branch Ratlam (madhya pradesh)
Contact +919826021952
Centre Available
IMPS Available
UPI Available
MICR 457211002
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode UTIB

Overview of UTIB0000463

The IFSC code UTIB0000463 is associated with the Ratlam RATLAM (MADHYA PRADESH) Branch of Axis Bank. Located in the bustling city of Ratlam, MADHYA PRADESH, this branch is one of the many Axis Bank branches that cater to the banking needs of the local residents. The code "UTIB" in UTIB0000463 represents Axis Bank Bank, while 0000463 signifies the unique branch code for RATLAM (MADHYA PRADESH).

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like UTIB0000463, for the RATLAM (MADHYA PRADESH) Branch, cannot be overstated. It acts as an address that identifies both the Axis Bank and its specific branch in Ratlam. This ensures that when you're transferring money or setting up a beneficiary for future transactions, your funds are directed to the correct bank branch. Without the IFSC code, the chances of errors in electronic fund transfers would be significantly higher, leading to potential financial losses and administrative hassles.

Deep Dive into UTIB0000463

The IFSC code UTIB0000463 is not just a random combination of letters and numbers. It holds significance in the banking world, especially for those who bank with Axis Bank in Ratlam. Let's break down the details:

  • IFSC Code (UTIB0000463): This unique code is essential for electronic fund transfers. The first four characters "UTIB" represent the bank's name, Axis Bank. The last six characters "0000463" are a unique identifier for the RATLAM (MADHYA PRADESH) branch.
  • Bank Name (Axis Bank): One of [country]'s leading banks, Axis Bank offers a wide range of banking products and financial services to its vast customer base.
  • Address (ANKLESARIA COMPLEX, GROUND FLOOR, OPPOSITE DRM OFFICE,DO BATTI,): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Ratlam, MADHYA PRADESH): The branch is situated in the heart of Ratlam, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (RATLAM (MADHYA PRADESH)): The [AREA_NAME] area in Ratlam is a hub of activity, and the Axis Bank branch here caters to both individual and business banking needs.
  • Phone Number (+919826021952): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.

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