Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Jagdalpur branch in Bastar, Jagdalpur, or Chhattisgarh, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Bastar or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code UTIB0000710. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Jagdalpur, Bastar
Here are the main details that are associated with the IFSC Code UTIB0000710 of Axis Bank for its branch located in Bastar, within the district of Jagdalpur in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000710 |
| Branch | Jagdalpur |
| City | Bastar |
| District | Jagdalpur |
| State | Chhattisgarh |
| Address | Akashwani Road, Nayapara P.S. Parpa, Jagdalpur 494001 Dist. Bastar, Chattisgarh |
These details help users in online banking and for businesses and individuals who use Axis Bank in Bastar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000710 for the Jagdalpur 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Jagdalpur, Bastar, Chhattisgarh, are given a unique IFSC like UTIB0000710 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Bastar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Bastar and Jagdalpur.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Axis Bank in Jagdalpur goes to the correct branch. This is important because Axis Bank has thousands of branches in Chhattisgarh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0000710
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 Jagdalpur in Bastar.
For example, the IFSC Code UTIB0000710 of Axis Bank for the Jagdalpur branch includes these elements, identifying the bank and the branch location in Bastar and Chhattisgarh accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0000710 of Axis Bank for its Jagdalpur branch located in Bastar, 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 Bastar and Jagdalpur, 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 Jagdalpur or Bastar to get the exact IFSC Code UTIB0000710.
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 Bastar that will provide accurate information.
How to Use IFSC Code UTIB0000710 for Online Transfers?
If you have the IFSC Code UTIB0000710 for the Jagdalpur branch of Axis Bank in Bastar, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000710. 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 UTIB0000710.
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 Jagdalpur in Bastar, it 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 Jagdalpur, 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 Bastar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Jagdalpur Bastar branch is UTIB0000710.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Akashwani Road, Nayapara P.S. Parpa, Jagdalpur 494001 Dist. Bastar, Chattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
