Below are the complete branch details for Axis Bank, BR AKOLA BAZAR THE YDCC BANK LTD branch, located in AKOLA BAZAR, MAHARASHTRA. The IFSC assigned by the Reserve Bank of India to this branch is UTIB0SYDC06. Whether you want to transfer money, add a beneficiary, verify a cheque or simply confirm the branch address, you will find authentic, up-to-date information on this page that has been cross-checked against the bank's branch directory and the RBI's master list of participants in the National Electronic Funds Transfer system.
The IFSC code is one of the most frequently asked-for pieces of information when somebody wants to send you money or set up a recurring credit such as a salary, EMI auto-debit or supplier payment. Knowing exactly which IFSC belongs to your branch — in this case UTIB0SYDC06 for Axis Bank – BR AKOLA BAZAR THE YDCC BANK LTD — saves you from rejected transfers, returned credits and the back-and-forth that follows them.
IFSC stands for Indian Financial System Code. It is an 11-character code that pinpoints a particular bank branch on the RBI's real-time payment rails. Every NEFT, RTGS or IMPS instruction must carry the destination branch's IFSC for the credit to land in the correct account.
In our case, UTIB0SYDC06 is the IFSC of Axis Bank's BR AKOLA BAZAR THE YDCC BANK LTD branch. The format is fixed: UTIB = bank code, 0 = reserved, SYDC06 = branch identifier.
About Axis Bank
Axis Bank operates a wide network of branches across India, including the Br Akola Bazar the Ydcc Bank Ltd branch in Akola Bazar. Each branch is enabled for NEFT, RTGS, IMPS and core banking, allowing customers to send and receive money anywhere in the country using a unique IFSC – in this case, UTIB0SYDC06.
Branch details at a glance
| Bank Name | Axis Bank |
|---|---|
| Branch | Br Akola Bazar the Ydcc Bank Ltd |
| IFSC Code | UTIB0SYDC06 |
| MICR Code | Refer to cheque leaf |
| Branch Address | YDCC AKOLA BAJAR, AT.PO. AKOLA BAJAR, TQ. YAVATMAL, DIST. YAVATMAL 445109 |
| City | Akola Bazar |
| District | Yavatmal |
| State | Maharashtra |
| STD Code | 7232 |
| Phone | 7588042623 |
Br Akola Bazar the Ydcc Bank Ltd branch overview
Located at YDCC AKOLA BAJAR, AT.PO. AKOLA BAJAR, TQ. YAVATMAL, DIST. YAVATMAL 445109, the Br Akola Bazar the Ydcc Bank Ltd branch handles regular banking operations such as account opening, fixed and recurring deposits, locker facilities, loans, and trade finance services where applicable. The IFSC UTIB0SYDC06 is required for all interbank electronic transfers routed through this branch.
The role of IFSC in India's payments network
India's electronic payment infrastructure — NEFT, RTGS, IMPS, UPI and the National Automated Clearing House (NACH) — is built on a single principle: every participating bank branch must be uniquely identifiable by an alphanumeric code. The Reserve Bank of India introduced the IFSC system to fulfil this requirement, and that is how Axis Bank's BR AKOLA BAZAR THE YDCC BANK LTD branch came to be assigned the code UTIB0SYDC06.
Whether you are receiving a salary on the first of the month, paying a vendor invoice, settling an EMI, or accepting a refund from an e-commerce platform, the IFSC is the silent piece of metadata that tells the network where your account lives. Without IFSC UTIB0SYDC06, money simply cannot be routed to the BR AKOLA BAZAR THE YDCC BANK LTD branch electronically.
Products and account variants supported
Every account opened at the Br Akola Bazar the Ydcc Bank Ltd branch is mapped to IFSC UTIB0SYDC06 on the RBI payments network. The branch generally supports the full retail product catalogue of Axis Bank, including:
- Resident savings accounts and salary accounts
- Current accounts for businesses and professionals
- Fixed deposits, recurring deposits and tax-saver deposits
- Demand drafts, banker's cheques and pay orders
- Retail loans — personal, vehicle, education, gold and home
- Credit cards and overdraft facilities (subject to eligibility)
- Third-party investment products such as mutual funds and insurance (through tie-ups)
Whichever product you choose, the IFSC for incoming credits remains UTIB0SYDC06.
Banking services available
The Br Akola Bazar the Ydcc Bank Ltd branch typically offers the following services. Specific products may vary by branch size; please confirm with the branch on 7232-7588042623.
- Savings, current and salary accounts
- Fixed deposits and recurring deposits
- Personal, vehicle and home loans
- Demat and investment products (where supported)
- Internet banking and mobile banking enrolment
- Debit and credit card issuance
- Locker facilities (subject to availability)
- Foreign exchange services (at authorised branches)
- Bill payments, demand drafts and pay orders
- NEFT / RTGS / IMPS / UPI fund transfers using IFSC UTIB0SYDC06
How to transfer money using IFSC UTIB0SYDC06
Online transfers in India are powered by three major channels — NEFT, RTGS and IMPS — and each one requires a destination IFSC. Below is a quick guide for using IFSC UTIB0SYDC06 across all three.
How to use IFSC UTIB0SYDC06 for an NEFT transfer
NEFT (National Electronic Funds Transfer) is the most widely used method for sending money to Axis Bank's BR AKOLA BAZAR THE YDCC BANK LTD branch. NEFT now settles on a 24x7 basis in half-hourly batches and has no upper limit for retail customers (individual banks may impose their own caps).
- Log in to your internet banking or mobile banking app.
- Choose Add Beneficiary and select NEFT / Other Bank.
- Enter the beneficiary name, account number and the IFSC UTIB0SYDC06.
- Confirm the bank name auto-populates as Axis Bank and the branch as BR AKOLA BAZAR THE YDCC BANK LTD.
- Approve the beneficiary using OTP. Once activated, transfer any amount and the credit will reflect in the next NEFT cycle.
RTGS transfers via IFSC UTIB0SYDC06
RTGS (Real-Time Gross Settlement) is the fastest high-value transfer mechanism in India. It is meant for transfers of ₹2 lakh and above and settles each transaction individually and instantly. To remit through RTGS to Axis Bank – BR AKOLA BAZAR THE YDCC BANK LTD, ensure your bank's portal accepts IFSC UTIB0SYDC06 while registering the beneficiary. RTGS is also available 24x7.
Send money instantly through IMPS
For a real-time, anytime transfer to Axis Bank – BR AKOLA BAZAR THE YDCC BANK LTD, use IMPS. With IFSC UTIB0SYDC06 and the beneficiary's account number you can move up to ₹5 lakh per transaction with instant credit, any day of the year.
Comparing NEFT, RTGS and IMPS for transfers to Br Akola Bazar the Ydcc Bank Ltd
The right transfer rail depends on how urgent the payment is, how large it is, and whether the receiving bank participates in the chosen scheme. Every option below works with the IFSC UTIB0SYDC06:
- NEFT — best for everyday transfers of any amount; settles in half-hourly batches around the clock.
- RTGS — best for transfers of ₹2 lakh and above; settles each transaction individually in real time.
- IMPS — best when speed matters more than batch scheduling; instant credit up to ₹5 lakh.
- UPI — best for small peer-to-peer payments using a VPA; the underlying account at BR AKOLA BAZAR THE YDCC BANK LTD is still linked to IFSC UTIB0SYDC06.
For salary credits, vendor payouts and refunds, employers and merchants usually default to NEFT because of its zero per-transaction cost for retail customers and its 24x7 availability.
How UPI relates to the IFSC code
UPI lets you pay using a short Virtual Payment Address instead of typing the IFSC every time, but behind the scenes every UPI mandate is mapped to an account number plus an IFSC. For accounts at Axis Bank's BR AKOLA BAZAR THE YDCC BANK LTD branch, the IFSC UTIB0SYDC06 is what the National Payments Corporation of India (NPCI) uses to route the credit when you tap Pay on a UPI app.
That is why, even in the UPI era, it is still worth knowing the IFSC of your home branch — for failed UPI mandates, e-mandate set-ups, third-party platform onboarding and salary or refund credits.
Online banking and IFSC UTIB0SYDC06
Axis Bank customers can register for net banking and the bank's official mobile app once their account at the BR AKOLA BAZAR THE YDCC BANK LTD branch is active. Net banking lets you view balances, download statements, open fixed deposits, request cheque books and initiate NEFT/RTGS/IMPS transfers — all without setting foot in the branch. The IFSC UTIB0SYDC06 is pre-filled by the bank for transfers originating from your own account, and you only need to enter it manually when adding an external beneficiary or sharing your account details with a third party.
MICR & cheque-truncation details
Cheques drawn on the Br Akola Bazar the Ydcc Bank Ltd branch are processed through the Cheque Truncation System (CTS). Each cheque carries a unique 9-digit MICR code that pairs with IFSC UTIB0SYDC06 for clearing. If you receive a cheque from this branch, both codes will be visible on the cheque leaf.
Things to verify before sending money
Banking errors are usually small typos that snowball into delayed credits and customer-care follow-ups. Use this short checklist before you confirm any transfer to Axis Bank – BR AKOLA BAZAR THE YDCC BANK LTD:
- The IFSC is exactly UTIB0SYDC06 with no extra spaces.
- The beneficiary's account number matches what they shared, digit for digit.
- The portal auto-fills Axis Bank as the bank name and BR AKOLA BAZAR THE YDCC BANK LTD as the branch.
- The amount and the purpose of payment are correct.
- You have a valid OTP-verifying mobile number on hand.
A 30-second review here saves hours of reconciliation later.
Reaching the branch
The Br Akola Bazar the Ydcc Bank Ltd branch sits at YDCC AKOLA BAJAR, AT.PO. AKOLA BAJAR, TQ. YAVATMAL, DIST. YAVATMAL 445109. If you are travelling from outside Akola Bazar, search for the branch on a maps application using the bank name and locality, or call 7232-7588042623 to ask for landmarks. Many customers find it easier to skip the trip altogether: net banking, mobile apps, NEFT, RTGS, IMPS and UPI all work using the IFSC UTIB0SYDC06 and your account number.
Verifying IFSC UTIB0SYDC06 from official sources
The IFSC listed on this page is sourced from the RBI's master list and validated against the bank's branch directory. To double-check before transferring large sums, you can also confirm UTIB0SYDC06 by:
- Looking at the cheque leaf – IFSC is printed near the MICR band.
- Opening the passbook's first page.
- Calling the branch directly on 7232-7588042623.
- Visiting the bank's official branch locator page.
Working hours
Branch counters at Br Akola Bazar the Ydcc Bank Ltd are usually open from 10 AM to 4 PM on weekdays. Saturdays follow the RBI's alternate-Saturday rule. Even when the branch is closed, NEFT, RTGS, IMPS and UPI transfers addressed to UTIB0SYDC06 continue to work without interruption.
Branch address & contact
Axis BankBr Akola Bazar the Ydcc Bank Ltd Branch
YDCC AKOLA BAJAR, AT.PO. AKOLA BAJAR, TQ. YAVATMAL, DIST. YAVATMAL 445109
Akola Bazar, Maharashtra
Phone: 7232-7588042623
IFSC: UTIB0SYDC06
Frequently asked questions
Is IFSC UTIB0SYDC06 the same for all accounts at Br Akola Bazar the Ydcc Bank Ltd branch?
Yes. The IFSC UTIB0SYDC06 is shared by every account held at Axis Bank's Br Akola Bazar the Ydcc Bank Ltd branch. Only the account number changes from customer to customer.
What is the difference between IFSC and MICR code?
IFSC is an 11-character alphanumeric code used for online transfers, while MICR is a 9-digit numeric code printed on cheques and used by cheque-clearing machines. Both identify the Br Akola Bazar the Ydcc Bank Ltd branch but serve different purposes.
Does Axis Bank Br Akola Bazar the Ydcc Bank Ltd branch offer locker facilities?
Locker availability depends on branch size and customer demand. Please contact the branch on 7232-7588042623 to confirm.
What is the phone number of Axis Bank Br Akola Bazar the Ydcc Bank Ltd branch?
You can reach the branch at 7232-7588042623 during regular banking hours.
How quickly will an NEFT transfer using UTIB0SYDC06 be credited?
NEFT settles in half-hourly batches around the clock. Most transfers to Axis Bank – Br Akola Bazar the Ydcc Bank Ltd reflect within 30 minutes.
Is IFSC UTIB0SYDC06 valid for NEFT and RTGS?
Yes. IFSC UTIB0SYDC06 is valid for all RBI-supported electronic transfer channels including NEFT, RTGS and IMPS.
Final notes
To recap: UTIB0SYDC06 is the IFSC code of Axis Bank, BR AKOLA BAZAR THE YDCC BANK LTD branch, in AKOLA BAZAR, MAHARASHTRA. It is required for every electronic transfer to an account held at this branch. We keep this page updated with the latest address and contact details, so you can rely on the information here for your day-to-day banking needs.
