The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Bathu Basti branch in Andaman, Port Blair, Andaman And Nicobar Island, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Andaman or anywhere in Andaman And Nicobar Island can transfer funds instantly by using the correct IFSC Code UTIB0001898. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Bathu Basti, Andaman
Here are some of the key details that come with the IFSC Code UTIB0001898 of Axis Bank for its branch located in Andaman, within the district of Port Blair in the state of Andaman And Nicobar Island.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001898 |
| Branch | Bathu Basti |
| City | Andaman |
| District | Port Blair |
| State | Andaman And Nicobar Island |
| Address | Ground And First Floor, Opposite Hotel Karpagam, Garacharma.Port Blair, Dist.South Andamans, Andaman And Nicobar,Pin 744105 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Andaman for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001898 for the Bathu Basti branch of Axis Bank plays 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, along with Axis Bank located in Bathu Basti, Andaman, Andaman And Nicobar Island, are allotted a unique IFSC like UTIB0001898 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Andaman.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Andaman and Port Blair.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Bathu Basti reaches the right place, even though there are thousands of branches in Andaman And Nicobar Island and across India.
Format of the IFSC Code UTIB0001898
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 Bathu Basti in Andaman.
For example, the IFSC Code UTIB0001898 of Axis Bank for the Bathu Basti branch has these elements, identifying the bank and the branch location in Andaman and Andaman And Nicobar Island correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0001898 of Axis Bank for its Bathu Basti branch located in Andaman, 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 Andaman and Port Blair, 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 Bathu Basti or Andaman to get the exact IFSC Code UTIB0001898.
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 Andaman, you'll get the correct details.
How to Use IFSC Code UTIB0001898 for Online Transfers?
Once you have the IFSC Code UTIB0001898 for the Bathu Basti branch of Axis Bank in Andaman, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001898. Transfers are processed in batches. This is suitable for personal and business payments.
RTGS
Used for high-value payments above ₹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 UTIB0001898.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Bathu Basti in Andaman may 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 Bathu Basti, 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 Andaman to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001898.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground And First Floor, Opposite Hotel Karpagam, Garacharma.Port Blair, Dist.South Andamans, Andaman And Nicobar,Pin 744105 located in Andaman, Port Blair, Andaman And Nicobar Island.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.