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 Jakhalabandha branch in Assam, Jakhalabandha, Assam, 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 Assam or anywhere in Assam can transfer funds instantly by using the correct IFSC Code UTIB0005663. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Jakhalabandha, Assam
Here are some of the key details that come with the IFSC Code UTIB0005663 of Axis Bank for its branch located in Assam, within the district of Jakhalabandha in the state of Assam.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005663 |
| Branch | Jakhalabandha |
| City | Assam |
| District | Jakhalabandha |
| State | Assam |
| Address | Ground Floor, Nh 37, Opp Jakhalabandha L P School Jakhalabandha, Nagaon Assam 782136 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Assam for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005663 for the Jakhalabandha 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 Jakhalabandha, Assam, Assam, is provided with a unique IFSC like UTIB0005663 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Assam.
- 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 Assam and Jakhalabandha.
- 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 Assam and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Jakhalabandha do not get mixed with another location.
Format of the IFSC Code UTIB0005663
The format of the IFSC Code for banks, including Axis Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Jakhalabandha in Assam.
For example, the IFSC Code UTIB0005663 of Axis Bank for the Jakhalabandha branch includes these elements, identifying the bank and the branch location in Assam and Assam correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005663 of Axis Bank for its Jakhalabandha branch located in Assam, 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 Assam and Jakhalabandha, 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 Jakhalabandha or Assam to get the exact IFSC Code UTIB0005663.
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 Assam, you'll get the correct details.
How to Use IFSC Code UTIB0005663 for Online Transfers?
If you have the IFSC Code UTIB0005663 for the Jakhalabandha branch of Axis Bank in Assam, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005663. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0005663.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Jakhalabandha in Assam, it may result in delayed or failed transactions.
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 Jakhalabandha, 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 Assam manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005663.
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 Floor, Nh 37, Opp Jakhalabandha L P School Jakhalabandha, Nagaon Assam 782136 located in Assam, Jakhalabandha, Assam.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.