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 Sawaldeh branch in Araria, Sawaldeh, or Bihar, 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 Araria or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code UTIB0004243. 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, Sawaldeh, Araria
Here are the key points that are associated with the IFSC Code UTIB0004243 of Axis Bank for its branch located in Araria, within the district of Sawaldeh in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004243 |
| Branch | Sawaldeh |
| City | Araria |
| District | Sawaldeh |
| State | Bihar |
| Address | Ground Floor Near Jama Masjid,Ward No 13,Sawaldeh Po-Kanhaili Ps Narpatganj, Araria Bihar 854318 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Araria for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0004243 for the Sawaldeh 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 Sawaldeh, Araria, Bihar, are given a unique IFSC like UTIB0004243 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Araria.
- 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 Araria and Sawaldeh.
- 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 Sawaldeh goes to the correct branch. This is important because Axis Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0004243
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 Sawaldeh in Araria.
For example, the IFSC Code UTIB0004243 of Axis Bank for the Sawaldeh branch has these elements, identifying the bank and the branch location in Araria and Bihar correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0004243 of Axis Bank for its Sawaldeh branch located in Araria, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Araria and Sawaldeh, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Sawaldeh or Araria to find the exact IFSC Code UTIB0004243.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Araria will provide accurate information.
How to Use IFSC Code UTIB0004243 for Online Transfers?
Once you have the IFSC Code UTIB0004243 for the Sawaldeh branch of Axis Bank in Araria, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004243. 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 UTIB0004243.
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 Sawaldeh in Araria, 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 Sawaldeh, 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 Araria to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004243.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor Near Jama Masjid,Ward No 13,Sawaldeh Po-Kanhaili Ps Narpatganj, Araria Bihar 854318 located in Araria, Sawaldeh, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
