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 Hasanpur Teghra branch in Begusarai, Hasanpur Teghra, or Bihar, 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 Begusarai or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code UTIB0003517. 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, Hasanpur Teghra, Begusarai
Here are the main details that are associated with the IFSC Code UTIB0003517 of Axis Bank for its branch located in Begusarai, within the district of Hasanpur Teghra in the state of Bihar.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003517 |
| Branch | Hasanpur Teghra |
| City | Begusarai |
| District | Hasanpur Teghra |
| State | Bihar |
| Address | Yamuna Niketan Teghra Station N H 28 Post Teghra |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Begusarai for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003517 for the Hasanpur Teghra 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, along with Axis Bank located in Hasanpur Teghra, Begusarai, Bihar, are given a unique IFSC like UTIB0003517 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Begusarai.
- 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 Begusarai and Hasanpur Teghra.
- 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 Hasanpur Teghra goes to the correct branch. This is important because Axis Bank has thousands of branches in Bihar and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0003517
The format of the IFSC Code for banks, including Axis Bank, follows 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 Hasanpur Teghra in Begusarai.
For example, the IFSC Code UTIB0003517 of Axis Bank for the Hasanpur Teghra branch includes these elements, identifying the bank and the branch location in Begusarai and Bihar accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0003517 of Axis Bank for its Hasanpur Teghra branch located in Begusarai, 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 Begusarai and Hasanpur Teghra, 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 Hasanpur Teghra or Begusarai to find the exact IFSC Code UTIB0003517.
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 Begusarai will provide accurate information.
How to Use IFSC Code UTIB0003517 for Online Transfers?
Once you have the IFSC Code UTIB0003517 for the Hasanpur Teghra branch of Axis Bank in Begusarai, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0003517. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0003517.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Hasanpur Teghra in Begusarai, your payment can get delayed or might not go through at all.
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 Hasanpur Teghra, 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 Begusarai manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003517.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Yamuna Niketan Teghra Station N H 28 Post Teghra located in Begusarai, Hasanpur Teghra, Bihar.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.