IFSC Code UTIB0005007 - Axis Bank-CHAPPAN DUKAN-Indore

Detail Information
IFSC Code UTIB0005007
Bank Name Axis Bank
Address COMMERCE HOUSE APARTMENT NO UG 13 UG 14, UG 17 A, UG 18 A, MUNICIPAL HOUSE NO 7, RACE COURSE ROAD INDORE
District Indore
State Madhya pradesh
Branch Chappan dukan
Contact +919243234663
Centre Available
IMPS Available
UPI Available
MICR 452211036
RTGS 1
NEFT Not Available
ISO3166 IN-MP
Bankcode UTIB

Overview of UTIB0005007

The IFSC code UTIB0005007 is associated with the Indore CHAPPAN DUKAN Branch of Axis Bank. Located in the bustling city of Indore, 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 UTIB0005007 represents Axis Bank Bank, while 0005007 signifies the unique branch code for CHAPPAN DUKAN.

Significance of IFSC Code for Banking Transactions

The importance of the IFSC code, like UTIB0005007, for the CHAPPAN DUKAN Branch, cannot be overstated. It acts as an address that identifies both the Axis Bank and its specific branch in Indore. 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 UTIB0005007

The IFSC code UTIB0005007 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 Indore. Let's break down the details:

  • IFSC Code (UTIB0005007): 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 "0005007" are a unique identifier for the CHAPPAN DUKAN 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 (COMMERCE HOUSE APARTMENT NO UG 13 UG 14, UG 17 A, UG 18 A, MUNICIPAL HOUSE NO 7, RACE COURSE ROAD INDORE): This specific address pinpoints the exact location of the branch, ensuring that customers can easily find it for their banking needs.
  • City & State (Indore, MADHYA PRADESH): The branch is situated in the heart of Indore, the capital city of MADHYA PRADESH. A city known for its [CITY_FEATURES].
  • Branch (CHAPPAN DUKAN): The [AREA_NAME] area in Indore is a hub of activity, and the Axis Bank branch here caters to both individual and business banking needs.
  • Phone Number (+919243234663): 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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