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 Dimrapal branch in Bastar, Dimrapal, Chhattisgarh, 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 Bastar or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code UTIB0004781. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Dimrapal, Bastar
Below in the table are the key details related to IFSC Code UTIB0004781 of Axis Bank for its branch located in Bastar, within the district of Dimrapal in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004781 |
| Branch | Dimrapal |
| City | Bastar |
| District | Dimrapal |
| State | Chhattisgarh |
| Address | Late Baliram Kashyap Memorial Government Medical College, Utility Building, Jagdalpur, Cg 494001 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Bastar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004781 for the Dimrapal branch of Axis Bank has an important 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 Dimrapal, Bastar, Chhattisgarh, is provided with a unique IFSC like UTIB0004781 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Bastar.
- 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 Bastar and Dimrapal.
- 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 Chhattisgarh and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Dimrapal do not get mixed with another location.
Format of the IFSC Code UTIB0004781
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 Dimrapal in Bastar.
For example, the IFSC Code UTIB0004781 of Axis Bank for the Dimrapal branch includes these elements, identifying the bank and the branch location in Bastar and Chhattisgarh correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0004781 of Axis Bank for its Dimrapal branch located in Bastar, 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 Bastar and Dimrapal, 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 Dimrapal or Bastar to find the exact IFSC Code UTIB0004781.
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 Bastar will provide accurate information.
How to Use IFSC Code UTIB0004781 for Online Transfers?
Once you have the IFSC Code UTIB0004781 for the Dimrapal branch of Axis Bank in Bastar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004781. 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 UTIB0004781.
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 Dimrapal in Bastar, it can 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 Dimrapal, 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 Bastar to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004781.
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 Late Baliram Kashyap Memorial Government Medical College, Utility Building, Jagdalpur, Cg 494001 located in Bastar, Dimrapal, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
