IFSC Code of Axis Bank, Basudevpur, Bhadrak, Odisha- UTIB0003880

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 Basudevpur branch in Balasore, Bhadrak, 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 Balasore or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTIB0003880. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Basudevpur, Balasore

Here are some of the key details that come with the IFSC Code UTIB0003880 of Axis Bank for its branch located in Balasore, within the district of Bhadrak in the state of Odisha.

These details help users in online banking and for businesses and individuals who use Axis Bank in Balasore for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003880 for the Basudevpur 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 Basudevpur, Balasore, Odisha, is provided a unique IFSC like UTIB0003880 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Balasore.
• 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 Balasore and Bhadrak.
• 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 Basudevpur do not get misguided to another person.

Format of the IFSC Code UTIB0003880

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

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Basudevpur in Balasore.

For example, the IFSC Code UTIB0003880 of Axis Bank for the Basudevpur branch includes these elements, identifying the bank and the branch location in Balasore and Odisha accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0003880 of Axis Bank for its Basudevpur branch located in Balasore, 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 Balasore and Bhadrak, 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 Basudevpur or Balasore to get the exact IFSC Code UTIB0003880.

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 Balasore that will provide accurate information.

How to Use IFSC Code UTIB0003880 for Online Transfers?

Once you have the IFSC Code UTIB0003880 for the Basudevpur branch of Axis Bank in Balasore, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003880. 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 UTIB0003880.

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 Basudevpur in Balasore, it can 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 Basudevpur, 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 Balasore manage online transfers as well as cheque clearances with ease.