There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Charpali branch in Bargarh, Bargarh, Odisha, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Axis Bank situated in Bargarh or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code UTIB0002253. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Charpali, Bargarh
Below in the table are the key details related to IFSC Code UTIB0002253 of Axis Bank for its branch located in Bargarh, within the district of Bargarh in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002253 |
| Branch | Charpali |
| City | Bargarh |
| District | Bargarh |
| State | Odisha |
| Address | Plot No.205,679,679/1225, Khata No. 163/35,Village Charpali, P.S Padampur, Tehsil Padampur,Dist-Bargarh, Orissa, Pin 768036 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Bargarh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002253 for the Charpali branch of Axis Bank has an 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 Charpali, Bargarh, Odisha, is provided a unique IFSC like UTIB0002253 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Bargarh.
- 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 Bargarh and Bargarh.
- 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 Charpali do not get misguided to another person.
Format of the IFSC Code UTIB0002253
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 Charpali in Bargarh.
For example, the IFSC Code UTIB0002253 of Axis Bank for the Charpali branch includes these elements, identifying the bank and the branch location in Bargarh and Odisha correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0002253 of Axis Bank for its Charpali branch located in Bargarh, 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 Bargarh and Bargarh, 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 Charpali or Bargarh to find the exact IFSC Code UTIB0002253.
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 Bargarh will provide accurate information.
How to Use IFSC Code UTIB0002253 for Online Transfers?
Once you have the IFSC Code UTIB0002253 for the Charpali branch of Axis Bank in Bargarh, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002253. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0002253.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Charpali in Bargarh may 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 Charpali, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Bargarh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002253.
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 Plot No.205,679,679/1225, Khata No. 163/35,Village Charpali, P.S Padampur, Tehsil Padampur,Dist-Bargarh, Orissa, Pin 768036 located in Bargarh, Bargarh, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.