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 Chandigarh branch in Chandigarh, Chandigarh, 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 Chandigarh or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code UTIB0005410. 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, Chandigarh, Chandigarh
The table below shows the main details of the IFSC Code UTIB0005410 for the Axis Bank branch in Chandigarh, which falls under the Chandigarh district in Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005410 |
| Branch | Chandigarh |
| City | Chandigarh |
| District | Chandigarh |
| State | Chhattisgarh |
| Address | Axis Bank Ltd Ground And First Floor, Sco 4, Sector 27 C, Chandigarh 160019 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Chandigarh for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005410 for the Chandigarh 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, including Axis Bank located in Chandigarh, Chandigarh, Chhattisgarh, is provided with a unique IFSC like UTIB0005410 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Chandigarh.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Chandigarh and Chandigarh.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Chhattisgarh and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Chandigarh do not get mixed with another location.
Format of the IFSC Code UTIB0005410
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 Chandigarh in Chandigarh.
For example, the IFSC Code UTIB0005410 of Axis Bank for the Chandigarh branch includes these elements, identifying the bank and the branch location in Chandigarh and Chhattisgarh accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005410 of Axis Bank for its Chandigarh branch located in Chandigarh, the following methods can help:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Axis Bank branches in Chandigarh and Chandigarh, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Axis Bank and navigate to the branch locator section. Search for Chandigarh or Chandigarh to get the exact IFSC Code UTIB0005410.
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 keeps an updated list of all IFSC codes. If you search for Axis Bank and Chandigarh, you'll get the correct details.
How to Use IFSC Code UTIB0005410 for Online Transfers?
If you have the IFSC Code UTIB0005410 for the Chandigarh branch of Axis Bank in Chandigarh, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005410. 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 UTIB0005410.
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 Chandigarh in Chandigarh, it may result in delayed or failed transactions.
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 Chandigarh, 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 Chandigarh manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005410.
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 Axis Bank Ltd Ground And First Floor, Sco 4, Sector 27 C, Chandigarh 160019 located in Chandigarh, Chandigarh, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
