For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Banaundi branch in Ambala, Naraingarh, Haryana, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Ambala or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0002249. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Banaundi, Ambala
The table below shows the main details of the IFSC Code UTIB0002249 for the Axis Bank branch in Ambala, which falls under the Naraingarh district in Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002249 |
| Branch | Banaundi |
| City | Ambala |
| District | Naraingarh |
| State | Haryana |
| Address | Ground Floor, Khewat No. 108, Khatauni No. 154, Khasrano. 9//20/2(3-15), Village Banaundi, Tehsil Naraingarh, Distt. Ambala, Haryana, Pin 134202 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Ambala for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002249 for the Banaundi branch of Axis Bank plays an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Banaundi, Ambala, Haryana, is provided a unique IFSC like UTIB0002249 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Ambala.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Ambala and Naraingarh.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Haryana and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Banaundi do not get misguided to another person.
Format of the IFSC Code UTIB0002249
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Banaundi in Ambala.
For example, the IFSC Code UTIB0002249 of Axis Bank for the Banaundi branch includes these elements, identifying the bank and the branch location in Ambala and Haryana accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002249 of Axis Bank for its Banaundi branch located in Ambala, the following methods can help:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Ambala and Naraingarh, print them on the first page of your passbook.
Bank Website
Visit the official website of Axis Bank and navigate to the branch locator section. Search for Banaundi or Ambala to get the exact IFSC Code UTIB0002249.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India keeps an updated list of all IFSC codes. If you search for Axis Bank and Ambala, you'll get the correct details.
How to Use IFSC Code UTIB0002249 for Online Transfers?
Once you have the IFSC Code UTIB0002249 for the Banaundi branch of Axis Bank in Ambala, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0002249. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Requires the recipient's account details and Axis Bank IFSC Code UTIB0002249.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Banaundi in Ambala, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Banaundi, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Ambala manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002249.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Khewat No. 108, Khatauni No. 154, Khasrano. 9//20/2(3-15), Village Banaundi, Tehsil Naraingarh, Distt. Ambala, Haryana, Pin 134202 located in Ambala, Naraingarh, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.