It is very important to find IFSC code UTIB0006031 of correct branch before initiating a NEFT or RTGS or IMPS transfer. Though all banks will have a mechanism to verify the IFSC Code, Bank Branch, Account Type and Name and any mismatch will result in failed transaction!
The best and simplest place to verify UTIB0006031 IFSC code branch is the cheque book. Most banks now print IFSC Codes on the cheque books. Also, your account pass book should have the IFSC Code printed.
UTIB0006031 is the IFSC Code for Bhagya Nagar Nanded branch of Axis Bank. This can be used for online funds transfer via NEFT, RTGS amd IMPS to Axis Bank account. The address of Bhagya Nagar Nanded branch is Grnd flr radha damodhar heights shop 101 to 108, ashok nagar co op housing society, bhagya nagar rd, which is located in Nanded District of Maharashtra State.
In Axis Bank IFSC Code, the first 4 characters (UTIB) represent the bank name, 5th character is 0 (ZERO), which is reserved for future use. The last 6 characters (006031) represent the Axis Bank branch code.