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 Badaun branch in Budaun, Badaun, Uttar Pradesh, 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 Budaun or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0001106. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Badaun, Budaun
Here are the main details that are associated with the IFSC Code UTIB0001106 of Axis Bank for its branch located in Budaun, within the district of Badaun in the state of Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001106 |
| Branch | Badaun |
| City | Budaun |
| District | Badaun |
| State | Uttar Pradesh |
| Address | Ground Floor,Municipal No. 704/660,Civil Lines, Badaun,Uttar Pradesh, Pin 243601 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Budaun for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0001106 for the Badaun branch of Axis Bank is vital.
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 Badaun, Budaun, Uttar Pradesh, are given a unique IFSC like UTIB0001106 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Budaun.
- 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 Budaun and Badaun.
- 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 Badaun goes to the correct branch. This is important because Axis Bank has thousands of branches in Uttar Pradesh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0001106
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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Badaun in Budaun.
For example, the IFSC Code UTIB0001106 of Axis Bank for the Badaun branch has these elements, identifying the bank and the branch location in Budaun and Uttar Pradesh correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0001106 of Axis Bank for its Badaun branch located in Budaun, 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 Budaun and Badaun, 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 Badaun or Budaun to find the exact IFSC Code UTIB0001106.
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 Budaun will provide accurate information.
How to Use IFSC Code UTIB0001106 for Online Transfers?
If you have the IFSC Code UTIB0001106 for the Badaun branch of Axis Bank in Budaun, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001106. 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 UTIB0001106.
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 Badaun in Budaun, it may result in delayed or failed transactions.
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 Badaun, 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 Budaun manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001106.
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 Ground Floor,Municipal No. 704/660,Civil Lines, Badaun,Uttar Pradesh, Pin 243601 located in Budaun, Badaun, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.