Axis Bank, THE VAIDYANATH URBAN COOP BANK, BID Branch IFSC Code

The IFSC code UTIB0SVUCB1 is assigned to Axis Bank, THE VAIDYANATH URBAN COOP BANK located in BID, 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 UTIB0SVUCB1
Branch Code SVUCB1
Branch THE VAIDYANATH URBAN COOP BANK
City BID
District PARLI VAIJNATH
State MAHARASHTRA
Address MONDHA PARLI VAIJNATH DISTRICT BEED 431515 Maps
Contact +912446223389

Nearby Axis Bank Branches

BEED
BID
DEENDAYAL NAGARI SAHAKARI BANK LTD
BID
VASUNDHARA MAHILA NAGARI SAHAKARI
BID

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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)
SVUCB1 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.

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 UTIB0SVUCB1 is the Indian Financial System Code assigned to Axis Bank, THE VAIDYANATH URBAN COOP BANK branch in BID, MAHARASHTRA. This 11-character code uniquely identifies this bank branch in India's electronic payment systems.

This branch is located in BID, PARLI VAIJNATH, MAHARASHTRA. The full address is: MONDHA PARLI VAIJNATH DISTRICT BEED 431515

The branch code is SVUCB1. 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

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: UTIB0SVUCB1
  5. Verify the bank and branch details auto-populated
  6. Complete the transfer
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