IFSC Code of Axis Bank, Timber Market Ambala, Ambala, Haryana- UTIB0004814

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Timber Market Ambala branch in Ambala, Ambala, Haryana, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Ambala or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code UTIB0004814. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Timber Market Ambala, Ambala

Here are the main details that are associated with the IFSC Code UTIB0004814 of Axis Bank for its branch located in Ambala, within the district of Ambala in the state of Haryana.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Ambala for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004814 for the Timber Market Ambala branch of Axis Bank plays a vital 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 Timber Market Ambala, Ambala, Haryana, is provided with a unique IFSC like UTIB0004814 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 Timber Market Ambala do not get mixed with another location.

Format of the IFSC Code UTIB0004814

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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Timber Market Ambala in Ambala.

For example, the IFSC Code UTIB0004814 of Axis Bank for the Timber Market Ambala branch has these elements, identifying the bank and the branch location in Ambala and Haryana correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0004814 of Axis Bank for its Timber Market Ambala 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 Timber Market Ambala or Ambala to get the exact IFSC Code UTIB0004814.

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 UTIB0004814 for Online Transfers?

Once you have the IFSC Code UTIB0004814 for the Timber Market Ambala 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 UTIB0004814. 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 UTIB0004814.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Timber Market Ambala 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 Timber Market Ambala, here are some ways to obtain 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.

Having both the IFSC and MICR codes makes it easy for account holders in Ambala to handle online money transfers and get their cheques cleared smoothly.