IFSC Code of Axis Bank, Silchar (Assam), Silchar, Assam- UTIB0000271

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Silchar (Assam) branch in Cachar, Silchar, Assam, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Axis Bank located in Cachar or anywhere in Assam can transfer funds instantly by using the correct IFSC Code UTIB0000271. 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, Silchar (Assam), Cachar

Here are some of the key details that come with the IFSC Code UTIB0000271 of Axis Bank for its branch located in Cachar, within the district of Silchar in the state of Assam.

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Cachar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000271 for the Silchar (Assam) 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 Silchar (Assam), Cachar, Assam, is provided a unique IFSC like UTIB0000271 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Cachar.
• 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 Cachar and Silchar.
• 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 Assam and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Silchar (Assam) do not get misguided to another person.

Format of the IFSC Code UTIB0000271

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Silchar (Assam) in Cachar.

For example, the IFSC Code UTIB0000271 of Axis Bank for the Silchar (Assam) branch includes these elements, identifying the bank and the branch location in Cachar and Assam accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0000271 of Axis Bank for its Silchar (Assam) branch located in Cachar, 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 Cachar and Silchar, 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 Silchar (Assam) or Cachar to get the exact IFSC Code UTIB0000271.

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 Cachar that will provide accurate information.

How to Use IFSC Code UTIB0000271 for Online Transfers?

Once you have the IFSC Code UTIB0000271 for the Silchar (Assam) branch of Axis Bank in Cachar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0000271. 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 UTIB0000271.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Silchar (Assam) in Cachar, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Silchar (Assam), here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Cachar manage their online transfers and cheque clearances easily.