Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Raiwali branch in Ambala, Ambala, or Haryana, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Ambala or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0002220. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Raiwali, Ambala
Here are the main details that are associated with the IFSC Code UTIB0002220 of Axis Bank for its branch located in Ambala, within the district of Ambala in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002220 |
| Branch | Raiwali |
| City | Ambala |
| District | Ambala |
| State | Haryana |
| Address | Khewat No.357, Khatoni No.447-449,Khasra,No.7411(0-2) And74/3(0-2), Hadbast,No 29 Teh.Nararaingarh,Village Raiwali,Ambala, Pin-134201 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Ambala for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002220 for the Raiwali branch of Axis Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Raiwali, Ambala, Haryana, is provided with a unique IFSC like UTIB0002220 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Ambala.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Ambala and Ambala.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Haryana and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Raiwali do not get mixed with another location.
Format of the IFSC Code UTIB0002220
This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Raiwali in Ambala.
For example, the IFSC Code UTIB0002220 of Axis Bank for the Raiwali 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 looking for the IFSC Code UTIB0002220 of Axis Bank for its Raiwali branch located in Ambala, the following methods can help:
Cheque Book
The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Ambala and Ambala, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for Raiwali or Ambala to get the exact IFSC Code UTIB0002220.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Ambala, then it will provide you proper information.
How to Use IFSC Code UTIB0002220 for Online Transfers?
Once you have the IFSC Code UTIB0002220 for the Raiwali 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 UTIB0002220. 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 UTIB0002220.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Raiwali in Ambala, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Raiwali, here are some ways that you can get it:
- Check the bottom of your cheque leaf.
- Refer to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
If you know both IFSC and MICR codes, then it can help account holders in Ambala manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Raiwali Ambala branch is UTIB0002220.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Khewat No.357, Khatoni No.447-449,Khasra,No.7411(0-2) And74/3(0-2), Hadbast,No 29 Teh.Nararaingarh,Village Raiwali,Ambala, Pin-134201.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
