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 Jairamnagar branch in Bilaspur, Jairamnagar, Chhattisgarh, 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 Bilaspur or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code UTIB0001667. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Jairamnagar, Bilaspur

The table below shows the main details of the IFSC Code UTIB0001667 for the Axis Bank branch in Bilaspur, which falls under the Jairamnagar district in Chhattisgarh.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0001667
Branch Jairamnagar
City Bilaspur
District Jairamnagar
State Chhattisgarh
Address Deep Parisar, Near Market Main Road, P.O & Block- Masturi, Jairamnagar, Bilaspur, Chattisgarh, Pin 495550

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Bilaspur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001667 for the Jairamnagar branch of Axis Bank plays 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 Jairamnagar, Bilaspur, Chhattisgarh, is provided a unique IFSC like UTIB0001667 so that their online payments reach the right place.

The IFSC Code is important because:

  • It uniquely recognizes the Axis Bank branch in Bilaspur.
  • 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 Bilaspur and Jairamnagar.
  • 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 Chhattisgarh and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Jairamnagar do not get misguided to another person.

Format of the IFSC Code UTIB0001667

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 Jairamnagar in Bilaspur.

For example, the IFSC Code UTIB0001667 of Axis Bank for the Jairamnagar branch includes these elements, identifying the bank and the branch location in Bilaspur and Chhattisgarh correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0001667 of Axis Bank for its Jairamnagar branch located in Bilaspur, 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 Bilaspur and Jairamnagar, 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 Jairamnagar or Bilaspur to get the exact IFSC Code UTIB0001667.

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 Bilaspur that will provide accurate information.

How to Use IFSC Code UTIB0001667 for Online Transfers?

Once you have the IFSC Code UTIB0001667 for the Jairamnagar branch of Axis Bank in Bilaspur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0001667. 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 UTIB0001667.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Jairamnagar in Bilaspur, 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 Jairamnagar, 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 Bilaspur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Jairamnagar, Bilaspur?

The IFSC Code is UTIB0001667.

Is the IFSC Code UTIB0001667 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Jairamnagar?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Jairamnagar branch?

The address of the branch is Deep Parisar, Near Market Main Road, P.O & Block- Masturi, Jairamnagar, Bilaspur, Chattisgarh, Pin 495550 located in Bilaspur, Jairamnagar, Chhattisgarh.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.