For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Diphupar branch in Chumukidima, Diphupar, Nagaland, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Chumukidima or anywhere in Nagaland can transfer funds instantly by using the correct IFSC Code UTIB0005121. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Diphupar, Chumukidima

Here are the main details that are associated with the IFSC Code UTIB0005121 of Axis Bank for its branch located in Chumukidima, within the district of Diphupar in the state of Nagaland.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0005121
Branch Diphupar
City Chumukidima
District Diphupar
State Nagaland
Address Ground And 1St Floor,Nh 29, 4Th Mile,Diphupar,Near Youth Net Office,Diphupar, District Chumukidima,Nagaland 797115

These details helps users in online banking and for businesses and individuals who use Axis Bank in Chumukidima for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005121 for the Diphupar branch of Axis Bank plays a vital role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0005121 is given to every bank branch, including Axis Bank located in Diphupar, Chumukidima, Nagaland, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Chumukidima.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Chumukidima and Diphupar.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Nagaland and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Diphupar doesn't end up at another location.

Format of the IFSC Code UTIB0005121

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 Diphupar in Chumukidima.

For example, the IFSC Code UTIB0005121 of Axis Bank for the Diphupar branch includes these elements, identifying the bank and the branch location in Chumukidima and Nagaland accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0005121 of Axis Bank for its Diphupar branch located in Chumukidima, 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 Chumukidima and Diphupar, 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 Diphupar or Chumukidima to get the exact IFSC Code UTIB0005121.

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 Chumukidima that will provide accurate information.

How to Use IFSC Code UTIB0005121 for Online Transfers?

If you have the IFSC Code UTIB0005121 for the Diphupar branch of Axis Bank in Chumukidima, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0005121. 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 UTIB0005121.

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 Diphupar in Chumukidima, 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 Diphupar, 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 Chumukidima manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Diphupar, Chumukidima?

The IFSC Code is UTIB0005121.

Is the IFSC Code UTIB0005121 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Diphupar?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Diphupar branch?

The address of the branch is Ground And 1St Floor,Nh 29, 4Th Mile,Diphupar,Near Youth Net Office,Diphupar, District Chumukidima,Nagaland 797115 located in Chumukidima, Diphupar, Nagaland.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.