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 Circular Road,Deoghar branch in Deoghar, Deoghar, Jharkhand, 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 Deoghar or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UTIB0005253. 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, Circular Road,Deoghar, Deoghar
Below in the table are the key details related to IFSC Code UTIB0005253 of Axis Bank for its branch located in Deoghar, within the district of Deoghar in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005253 |
| Branch | Circular Road,Deoghar |
| City | Deoghar |
| District | Deoghar |
| State | Jharkhand |
| Address | Virat Tower,Ground Floor,Circular Road,Opposite D C Residence,Barmasia |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Deoghar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0005253 for the Circular Road,Deoghar branch of Axis Bank is vital.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Circular Road,Deoghar, Deoghar, Jharkhand, is provided a unique IFSC like UTIB0005253 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Deoghar.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Deoghar and Deoghar.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Circular Road,Deoghar do not get misguided to another person.
Format of the IFSC Code UTIB0005253
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 Circular Road,Deoghar in Deoghar.
For example, the IFSC Code UTIB0005253 of Axis Bank for the Circular Road,Deoghar branch includes these elements, identifying the bank and the branch location in Deoghar and Jharkhand accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0005253 of Axis Bank for its Circular Road,Deoghar branch located in Deoghar, 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 Deoghar and Deoghar, 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 Circular Road,Deoghar or Deoghar to find the exact IFSC Code UTIB0005253.
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 Deoghar will provide accurate information.
How to Use IFSC Code UTIB0005253 for Online Transfers?
Once you have the IFSC Code UTIB0005253 for the Circular Road,Deoghar branch of Axis Bank in Deoghar, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0005253. 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 UTIB0005253.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Circular Road,Deoghar in Deoghar, your payment can get delayed or might not go through at all.
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 Circular Road,Deoghar, 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 Deoghar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005253.
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 Virat Tower,Ground Floor,Circular Road,Opposite D C Residence,Barmasia located in Deoghar, Deoghar, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
