IFSC Code of Axis Bank, Kantabanji, Kantabanji, Odisha- UTIB0001939

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 Kantabanji branch in Balangir, Kantabanji, Odisha, 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 Balangir or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTIB0001939. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Kantabanji, Balangir

Here are some of the key details that come with the IFSC Code UTIB0001939 of Axis Bank for its branch located in Balangir, within the district of Kantabanji in the state of Odisha.

These details help users in online banking and for businesses and individuals who use Axis Bank in Balangir for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001939 for the Kantabanji branch of Axis Bank has a very important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Kantabanji, Balangir, Odisha, is provided a unique IFSC like UTIB0001939 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Balangir.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Balangir and Kantabanji.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Odisha and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Kantabanji do not get misguided to another person.

Format of the IFSC Code UTIB0001939

The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the breakdown of this:

• First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): Always zero which is reserved for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Kantabanji in Balangir.

For example, the IFSC Code UTIB0001939 of Axis Bank for the Kantabanji branch includes these elements, identifying the bank and the branch location in Balangir and Odisha accurately.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0001939 of Axis Bank for its Kantabanji branch located in Balangir, 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 Balangir and Kantabanji, 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 Kantabanji or Balangir to find the exact IFSC Code UTIB0001939.

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 Balangir will provide accurate information.

How to Use IFSC Code UTIB0001939 for Online Transfers?

If you have the IFSC Code UTIB0001939 for the Kantabanji branch of Axis Bank in Balangir, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0001939. 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 UTIB0001939.

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 Kantabanji in Balangir, it may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Kantabanji, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Balangir manage their online transfers and cheque clearances easily.