IFSC Code of Axis Bank, Chhatarpur, Chhatarpur, Madhya Pradesh- UTIB0000820

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 Chhatarpur branch in Chhatarpur, Chhatarpur, Madhya Pradesh, 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 Chhatarpur or anywhere in Madhya Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0000820. 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, Chhatarpur, Chhatarpur

Here are the key points that are associated with the IFSC Code UTIB0000820 of Axis Bank for its branch located in Chhatarpur, within the district of Chhatarpur in the state of Madhya Pradesh.

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Chhatarpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0000820 for the Chhatarpur 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, including Axis Bank located in Chhatarpur, Chhatarpur, Madhya Pradesh, is provided with a unique IFSC like UTIB0000820 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Chhatarpur.
• 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 Chhatarpur and Chhatarpur.
• 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 Madhya Pradesh and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Chhatarpur do not get mixed with another location.

Format of the IFSC Code UTIB0000820

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 Chhatarpur in Chhatarpur.

For example, the IFSC Code UTIB0000820 of Axis Bank for the Chhatarpur branch has these elements, identifying the bank and the branch location in Chhatarpur and Madhya Pradesh correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0000820 of Axis Bank for its Chhatarpur branch located in Chhatarpur, the following methods can help:

Cheque Book

The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Axis Bank branches in Chhatarpur and Chhatarpur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Chhatarpur or Chhatarpur to get the exact IFSC Code UTIB0000820.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Chhatarpur, then it will provide you proper information.

How to Use IFSC Code UTIB0000820 for Online Transfers?

Once you have the IFSC Code UTIB0000820 for the Chhatarpur branch of Axis Bank in Chhatarpur, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0000820. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0000820.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Chhatarpur in Chhatarpur 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 Chhatarpur, 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 Chhatarpur manage their online transfers and cheque clearances easily.