IFSC Code of Axis Bank, Chatiwind Gate Amritsar, Amritsar, Punjab- UTIB0005130

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 Chatiwind Gate Amritsar branch in Amritsar, Amritsar, Punjab, 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 Amritsar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0005130. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Chatiwind Gate Amritsar, Amritsar

Below in the table are the key details related to IFSC Code UTIB0005130 of Axis Bank for its branch located in Amritsar, within the district of Amritsar in the state of Punjab.

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Amritsar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0005130 for the Chatiwind Gate Amritsar branch of Axis Bank is vital.

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, along with Axis Bank located in Chatiwind Gate Amritsar, Amritsar, Punjab, are given a unique IFSC like UTIB0005130 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Amritsar.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Amritsar and Amritsar.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Axis Bank in Chatiwind Gate Amritsar goes to the correct branch. This is important because Axis Bank has thousands of branches in Punjab and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0005130

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 Chatiwind Gate Amritsar in Amritsar.

For example, the IFSC Code UTIB0005130 of Axis Bank for the Chatiwind Gate Amritsar branch includes these elements, identifying the bank and the branch location in Amritsar and Punjab accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0005130 of Axis Bank for its Chatiwind Gate Amritsar branch located in Amritsar, 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 Amritsar and Amritsar, 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 Chatiwind Gate Amritsar or Amritsar to get the exact IFSC Code UTIB0005130.

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 Amritsar, then it will provide you proper information.

How to Use IFSC Code UTIB0005130 for Online Transfers?

Once you have the IFSC Code UTIB0005130 for the Chatiwind Gate Amritsar branch of Axis Bank in Amritsar, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0005130. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0005130.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Chatiwind Gate Amritsar in Amritsar, it can result in delayed or failed transactions.

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 Chatiwind Gate Amritsar, 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 Amritsar manage online transfers as well as cheque clearances with ease.