IFSC Code UTIB0003541 - Axis Bank-NIRALA BAZAR-Aurangabad

Detail Information
IFSC Code UTIB0003541
Bank Name Axis Bank
Address GROUND FLOOR, PLOT NO 11 AND 8, JAIHIND COLONY, NIRALA BZAR, AURANGABAD
District Aurangabad
State Maharashtra
Branch Nirala bazar
Contact +912402347501
Centre Available
IMPS Available
UPI Available
MICR 431211009
RTGS 1
NEFT Not Available
ISO3166 IN-MH
Bankcode UTIB

Overview of UTIB0003541

The IFSC code UTIB0003541 is associated with the Aurangabad NIRALA BAZAR Branch of Axis Bank. Located in the bustling city of Aurangabad, 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 UTIB0003541 represents Axis Bank Bank, while 0003541 signifies the unique branch code for NIRALA BAZAR.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like UTIB0003541, for the NIRALA BAZAR Branch, cannot be overstated. It acts as an address that identifies both the Axis Bank and its specific branch in Aurangabad. 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 UTIB0003541

The IFSC code UTIB0003541 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 Aurangabad. Let's break down the details:

  • IFSC Code (UTIB0003541): 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 "0003541" are a unique identifier for the NIRALA BAZAR 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, PLOT NO 11 AND 8, JAIHIND COLONY, NIRALA BZAR, AURANGABAD): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Aurangabad, MAHARASHTRA): The branch is situated in the heart of Aurangabad, the capital city of MAHARASHTRA. A city known for its [CITY_FEATURES].
  • Branch (NIRALA BAZAR): The [AREA_NAME] area in Aurangabad is a hub of activity, and the Axis Bank branch here caters to both individual and business banking needs.
  • Phone Number (+912402347501): 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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