IFSC Code of Axis Bank, Shri Kanyaka Nagari Sahakari Bank, Chandrapur, Chandigarh- UTIB0SKNS01

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Shri Kanyaka Nagari Sahakari Bank branch in Chandrapur, Chandrapur, Chandigarh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Chandrapur or anywhere in Chandigarh can easily transfer funds instantly by using the correct IFSC Code UTIB0SKNS01. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Shri Kanyaka Nagari Sahakari Bank, Chandrapur

Here are some of the key details that come with the IFSC Code UTIB0SKNS01 of Axis Bank for its branch located in Chandrapur, within the district of Chandrapur in the state of Chandigarh.

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Chandrapur for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SKNS01 for the Shri Kanyaka Nagari Sahakari Bank branch of Axis Bank plays 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 Shri Kanyaka Nagari Sahakari Bank, Chandrapur, Chandigarh, are given a unique IFSC like UTIB0SKNS01 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Chandrapur.
• 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 Chandrapur and Chandrapur.
• 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 Shri Kanyaka Nagari Sahakari Bank goes to the correct branch. This is important because Axis Bank has thousands of branches in Chandigarh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0SKNS01

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 Shri Kanyaka Nagari Sahakari Bank in Chandrapur.

For example, the IFSC Code UTIB0SKNS01 of Axis Bank for the Shri Kanyaka Nagari Sahakari Bank branch has these elements, identifying the bank and the branch location in Chandrapur and Chandigarh correctly.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0SKNS01 of Axis Bank for its Shri Kanyaka Nagari Sahakari Bank branch located in Chandrapur, 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 Chandrapur and Chandrapur, 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 Shri Kanyaka Nagari Sahakari Bank or Chandrapur to find the exact IFSC Code UTIB0SKNS01.

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 Chandrapur will provide accurate information.

How to Use IFSC Code UTIB0SKNS01 for Online Transfers?

Once you have the IFSC Code UTIB0SKNS01 for the Shri Kanyaka Nagari Sahakari Bank branch of Axis Bank in Chandrapur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0SKNS01. 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 UTIB0SKNS01.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Shri Kanyaka Nagari Sahakari Bank in Chandrapur, 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 Shri Kanyaka Nagari Sahakari Bank, 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 Chandrapur manage their online transfers and cheque clearances easily.