IFSC CODE DETAILS

AXIS BANK

SHEGAON Branch

UTIB0002831

Branch Information

IFSC Code UTIB0002831
Bank AXIS BANK
Branch SHEGAON
Address GROUND FLOOR SHRI GAJANAN ELECTRONICS MAIN ROAD SHEGAON 444203
City SHEGAON
District BULDHANA
State MAHARASHTRA
PIN Code 444203
STD Code 91

Understanding IFSC Code UTIB0002831

UTIB
Bank Code
0
Reserved
002831
Branch Code
  • UTIB: identifies AXIS BANK
  • 0: reserved digit (always 0 for future use)
  • 002831: identifies the SHEGAON branch in SHEGAON, MAHARASHTRA

Frequently Asked Questions: UTIB0002831

What is the IFSC code of AXIS BANK SHEGAON branch?

The IFSC code of AXIS BANK SHEGAON branch is UTIB0002831. This code is used for NEFT, RTGS, and IMPS fund transfers to this branch in SHEGAON, MAHARASHTRA (PIN 444203).

What does the IFSC code UTIB0002831 mean?

UTIB identifies AXIS BANK, 0 is a reserved digit (always 0), and 002831 identifies the SHEGAON branch. Together they form the 11-character IFSC code assigned by the Reserve Bank of India.

Where is AXIS BANK SHEGAON branch located?

AXIS BANK SHEGAON branch is located at GROUND FLOOR SHRI GAJANAN ELECTRONICS MAIN ROAD SHEGAON 444203. PIN code: 444203.

Can I use UTIB0002831 for NEFT, RTGS, IMPS and UPI?

Yes, UTIB0002831 is valid for all electronic transfers: NEFT (24x7, batch settlement), RTGS (real-time, minimum Rs 2 lakh), IMPS (instant, 24x7, up to Rs 5 lakh), and UPI (IFSC is used internally for bank routing in all UPI transactions). Enter this code with the account number to transfer funds to AXIS BANK SHEGAON.

What is the MICR code for AXIS BANK SHEGAON branch?

MICR (Magnetic Ink Character Recognition) is a 9-digit code used for cheque clearing and processing. Unlike the IFSC code used for online transfers, the MICR code is printed at the bottom of your cheque leaf using magnetic ink and is read by automated clearing machines.

Is the IFSC code UTIB0002831 still active?

Based on RBI records, UTIB0002831 is an active IFSC code assigned to AXIS BANK SHEGAON in SHEGAON, MAHARASHTRA. If you receive a transaction failure citing this IFSC, contact AXIS BANK directly or verify on the RBI website, as codes may be updated following bank mergers or branch relocations.

Verify Before You Transfer

Always confirm the IFSC code directly with AXIS BANK or the RBI before initiating a high-value transfer.

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PIN code for this branch: 444203

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