The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Madhupur branch in Deoghar, Madhupur, Jharkhand, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Deoghar or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UTIB0004103. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Madhupur, Deoghar
Below in the table are the key details related to IFSC Code UTIB0004103 of Axis Bank for its branch located in Deoghar, within the district of Madhupur in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004103 |
| Branch | Madhupur |
| City | Deoghar |
| District | Madhupur |
| State | Jharkhand |
| Address | Ground Floor Holding No 299 Kundu Bari Road Ward No10 12 Old Madhupur Jharkhand |
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 UTIB0004103 for the Madhupur 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 Madhupur, Deoghar, Jharkhand, is provided with a unique IFSC like UTIB0004103 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Deoghar.
- 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 Deoghar and Madhupur.
- 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 Jharkhand and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Madhupur do not get mixed with another location.
Format of the IFSC Code UTIB0004103
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 Madhupur in Deoghar.
For example, the IFSC Code UTIB0004103 of Axis Bank for the Madhupur branch has these elements, identifying the bank and the branch location in Deoghar and Jharkhand correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004103 of Axis Bank for its Madhupur branch located in Deoghar, the following methods can help:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf which you can easily spot on the top section.
Passbook
Most banks, including Axis Bank branches in Deoghar and Madhupur, print the IFSC and MICR codes on the first page of your passbook.
Bank Website
Visit the official website of Axis Bank and navigate to the branch locator section. Search for Madhupur or Deoghar to get the exact IFSC Code UTIB0004103.
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 keeps an updated list of all IFSC codes. If you search for Axis Bank and Deoghar, you'll get the correct details.
How to Use IFSC Code UTIB0004103 for Online Transfers?
Once you have the IFSC Code UTIB0004103 for the Madhupur 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 UTIB0004103. The transfer is completed in batches instead of instantly. It is useful for both 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 UTIB0004103.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Madhupur in Deoghar, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Madhupur, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Deoghar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Madhupur Deoghar branch is UTIB0004103.
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 Floor Holding No 299 Kundu Bari Road Ward No10 12 Old Madhupur Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
