Axis Bank, INDIRA MAHILA SAHAKARI BANK LTD, NANDURBAR Branch IFSC Code

The IFSC code UTIB0SIMB01 is assigned to Axis Bank, INDIRA MAHILA SAHAKARI BANK LTD located in NANDURBAR, MAHARASHTRA. This code is required for electronic fund transfers like NEFT, RTGS, and IMPS transactions.

✓ NEFT ✓ RTGS ✓ IMPS ✓ UPI

Bank Details

Bank Name Axis Bank
IFSC Code UTIB0SIMB01
MICR Code 423807101
Branch Code SIMB01
Branch INDIRA MAHILA SAHAKARI BANK LTD
City NANDURBAR
District NANDURBAR
State MAHARASHTRA
Address SHREE RAM TOWER NEAR MUNCIPAL CORPORATION NANDURBAR 425 412 Maps
Contact +912564222515

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Understanding IFSC and MICR Codes

What is IFSC Code?

IFSC (Indian Financial System Code) is an 11-character alphanumeric code used to identify bank branches in India. It is essential for electronic fund transfers through NEFT, RTGS, and IMPS systems.

UTIB Bank Code
0 Reserved (0)
SIMB01 Branch Code

What is MICR Code?

MICR (Magnetic Ink Character Recognition) is a 9-digit code printed on cheques. It helps in faster processing of cheques through automated reading.

423 City Code
807 Bank Code
101 Branch Code

When to Use These Codes?

  • NEFT Transfer: Use IFSC code for National Electronic Funds Transfer (available 24x7)
  • RTGS Transfer: Use IFSC code for Real Time Gross Settlement (for amounts ≥ ₹2 lakhs)
  • IMPS Transfer: Use IFSC code for Immediate Payment Service (instant transfers)
  • Cheque Processing: MICR code is printed on cheques for automated clearing

Frequently Asked Questions

IFSC Code UTIB0SIMB01 is the Indian Financial System Code assigned to Axis Bank, INDIRA MAHILA SAHAKARI BANK LTD branch in NANDURBAR, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in NANDURBAR, NANDURBAR, MAHARASHTRA. The full address is: SHREE RAM TOWER NEAR MUNCIPAL CORPORATION NANDURBAR 425 412

The branch code is SIMB01. This is the last 6 characters of the IFSC code that uniquely identifies this specific branch of Axis Bank.

This branch supports the following electronic fund transfer services:

  • NEFT - Available
  • RTGS - Available
  • IMPS - Available
  • UPI - Available

The MICR (Magnetic Ink Character Recognition) code for this branch is 423807101. MICR code is a 9-digit code used for processing cheques and is printed on cheque leaves.

To use this IFSC code for fund transfers:

  1. Log in to your bank's internet banking or mobile app
  2. Navigate to fund transfer section (NEFT/RTGS/IMPS)
  3. Enter the beneficiary's account number
  4. Enter IFSC Code: UTIB0SIMB01
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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