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 Athmallik branch in Angul, Athmallik, Odisha, 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 Angul or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code UTIB0004430. 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, Athmallik, Angul
Here are some of the key details that come with the IFSC Code UTIB0004430 of Axis Bank for its branch located in Angul, within the district of Athmallik in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004430 |
| Branch | Athmallik |
| City | Angul |
| District | Athmallik |
| State | Odisha |
| Address | At-Po-Athmallik,Gandhi Chowk,Near Nac Office,Near Nac Office,1St Floor,Dist-Angul,Odisha-759125 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Angul for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0004430 for the Athmallik 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 Athmallik, Angul, Odisha, are allotted a unique IFSC like UTIB0004430 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Angul.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Angul and Athmallik.
- 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 Athmallik reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code UTIB0004430
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 Athmallik in Angul.
For example, the IFSC Code UTIB0004430 of Axis Bank for the Athmallik branch has these elements, identifying the bank and the branch location in Angul and Odisha correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004430 of Axis Bank for its Athmallik branch located in Angul, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Angul and Athmallik, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Athmallik or Angul to get the exact IFSC Code UTIB0004430.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Angul that will provide accurate information.
How to Use IFSC Code UTIB0004430 for Online Transfers?
Once you have the IFSC Code UTIB0004430 for the Athmallik branch of Axis Bank in Angul, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0004430. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0004430.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Athmallik in Angul, 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 Athmallik, 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 Angul manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004430.
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 At-Po-Athmallik,Gandhi Chowk,Near Nac Office,Near Nac Office,1St Floor,Dist-Angul,Odisha-759125 located in Angul, Athmallik, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.