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 Shyampur branch in Dehradun, Shyampur, Uttarakhand, 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 Dehradun or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code UTIB0004851. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Shyampur, Dehradun
Here are the main details that are associated with the IFSC Code UTIB0004851 of Axis Bank for its branch located in Dehradun, within the district of Shyampur in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004851 |
| Branch | Shyampur |
| City | Dehradun |
| District | Shyampur |
| State | Uttarakhand |
| Address | Ground Flr Khasra No 87 By 19 By 3 New Khasra No 891 Ja, Mauza Shyampur, Pargana Parwa Doon, Teh Rishikesh |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Dehradun for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004851 for the Shyampur 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 provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Shyampur, Dehradun, Uttarakhand, is provided with a unique IFSC like UTIB0004851 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Dehradun.
- 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 Dehradun and Shyampur.
- 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 Uttarakhand and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Shyampur do not get mixed with another location.
Format of the IFSC Code UTIB0004851
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 Shyampur in Dehradun.
For example, the IFSC Code UTIB0004851 of Axis Bank for the Shyampur branch has these elements, identifying the bank and the branch location in Dehradun and Uttarakhand correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0004851 of Axis Bank for its Shyampur branch located in Dehradun, 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 Dehradun and Shyampur, 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 Shyampur or Dehradun to find the exact IFSC Code UTIB0004851.
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 Dehradun will provide accurate information.
How to Use IFSC Code UTIB0004851 for Online Transfers?
Once you have the IFSC Code UTIB0004851 for the Shyampur branch of Axis Bank in Dehradun, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004851. 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 UTIB0004851.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Shyampur in Dehradun may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for cheque clearance and differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Shyampur, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Dehradun manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Shyampur Dehradun branch is UTIB0004851.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Ground Flr Khasra No 87 By 19 By 3 New Khasra No 891 Ja, Mauza Shyampur, Pargana Parwa Doon, Teh Rishikesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.