IFSC Code of Axis Bank, Mohan Bazar, Dhanbad, Jharkhand- UTIB0003336

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 Mohan Bazar branch in Dhanbad, Dhanbad, 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 Dhanbad or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UTIB0003336. 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, Mohan Bazar, Dhanbad

Here are the main details that are associated with the IFSC Code UTIB0003336 of Axis Bank for its branch located in Dhanbad, within the district of Dhanbad in the state of Jharkhand.

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Dhanbad for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003336 for the Mohan Bazar branch of Axis Bank plays an important 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 UTIB0003336 is given to every bank branch, including Axis Bank located in Mohan Bazar, Dhanbad, Jharkhand, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Dhanbad.
• 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 Dhanbad and Dhanbad.
• 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 Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Mohan Bazar doesn't end up at another location.

Format of the IFSC Code UTIB0003336

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): Show the bank code. For Axis Bank, these letters represent the bank's short name.
• 5th character: Is always zero and is kept for future use.
• Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Mohan Bazar in Dhanbad.

For example, the IFSC Code UTIB0003336 of Axis Bank for the Mohan Bazar branch includes these elements, identifying the bank and the branch location in Dhanbad and Jharkhand accurately.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0003336 of Axis Bank for its Mohan Bazar branch located in Dhanbad, 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 Dhanbad and Dhanbad, 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 Mohan Bazar or Dhanbad to get the exact IFSC Code UTIB0003336.

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 Dhanbad, then it will provide you proper information.

How to Use IFSC Code UTIB0003336 for Online Transfers?

If you have the IFSC Code UTIB0003336 for the Mohan Bazar branch of Axis Bank in Dhanbad, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003336. 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 UTIB0003336.

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 Mohan Bazar in Dhanbad, 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 Mohan Bazar, 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 Dhanbad manage their online transfers and cheque clearances easily.