IFSC Code UTIB0001242 - Axis Bank-SWAVALAMBI NAGAR-Nagpur
| Detail | Information |
|---|---|
| IFSC Code | UTIB0001242 |
| Bank Name | Axis Bank |
| Address | GROUND FLOOR,SUNRAJ VISHWAJIT COMPLEX PLOT NO 06 , PADWALE LAYOUT SWAVALAMBI NAGAR ,RING ROAD NAGPUR 440022 |
| District | Nagpur |
| State | Maharashtra |
| Branch | Swavalambi nagar |
| Contact | +919960211559 |
| Centre | Available |
| IMPS | Available |
| UPI | Available |
| MICR | 440211008 |
| RTGS | 1 |
| NEFT | Not Available |
| ISO3166 | IN-MH |
| Bankcode | UTIB |
Overview of UTIB0001242
The IFSC code UTIB0001242 is associated with the Nagpur SWAVALAMBI NAGAR Branch of Axis Bank. Located in the bustling city of Nagpur, MAHARASHTRA, this branch is one of the many Axis Bank branches that cater to the banking needs of the local residents. The code "UTIB" in UTIB0001242 represents Axis Bank Bank, while 0001242 signifies the unique branch code for SWAVALAMBI NAGAR.
Significance of IFSC Code for Banking Transactions
The importance of the IFSC code, like UTIB0001242, for the SWAVALAMBI NAGAR Branch, cannot be overstated. It acts as an address that identifies both the Axis Bank and its specific branch in Nagpur. 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 UTIB0001242
The IFSC code UTIB0001242 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 Nagpur. Let's break down the details:
- IFSC Code (UTIB0001242): 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 "0001242" are a unique identifier for the SWAVALAMBI NAGAR 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 (GROUND FLOOR,SUNRAJ VISHWAJIT COMPLEX PLOT NO 06 , PADWALE LAYOUT SWAVALAMBI NAGAR ,RING ROAD NAGPUR 440022): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
- City & State (Nagpur, MAHARASHTRA): The branch is situated in the heart of Nagpur, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
- Branch (SWAVALAMBI NAGAR): The [AREA_NAME] area in Nagpur is a hub of activity, and the Axis Bank branch here caters to both individual and business banking needs.
- Phone Number (+919960211559): A direct line to the branch, this number ensures that customers can reach out for any queries, concerns, or banking assistance.