IFSC Code of Axis Bank, Vivekananda Marg Balasore, Balasore, Odisha- UTIB0003021

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Vivekananda Marg Balasore branch in Baleshwar, Balasore, Odisha, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Axis Bank located in Baleshwar or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTIB0003021. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Vivekananda Marg Balasore, Baleshwar

The table below shows the main details of the IFSC Code UTIB0003021 for the Axis Bank branch in Baleshwar, which falls under the Balasore district in Odisha.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Baleshwar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003021 for the Vivekananda Marg Balasore 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 Vivekananda Marg Balasore, Baleshwar, Odisha, is provided with a unique IFSC like UTIB0003021 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Baleshwar.
• 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 Baleshwar and Balasore.
• 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Vivekananda Marg Balasore do not get mixed with another location.

Format of the IFSC Code UTIB0003021

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 Vivekananda Marg Balasore in Baleshwar.

For example, the IFSC Code UTIB0003021 of Axis Bank for the Vivekananda Marg Balasore branch includes these elements, identifying the bank and the branch location in Baleshwar and Odisha accurately.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0003021 of Axis Bank for its Vivekananda Marg Balasore branch located in Baleshwar, 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 Baleshwar and Balasore, 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 Vivekananda Marg Balasore or Baleshwar to find the exact IFSC Code UTIB0003021.

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 Baleshwar will provide accurate information.

How to Use IFSC Code UTIB0003021 for Online Transfers?

Once you have the IFSC Code UTIB0003021 for the Vivekananda Marg Balasore branch of Axis Bank in Baleshwar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0003021. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UTIB0003021.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Vivekananda Marg Balasore in Baleshwar, your payment can get delayed or might not go through at all.

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 Vivekananda Marg Balasore, 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 Baleshwar to handle online money transfers and get their cheques cleared smoothly.