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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Saraidhela branch in Dhanbad, Dhanbad, or Jharkhand, this guide will help you with all the details.
There have been major changes in the banking sector 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 UTIB0002853. 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, Saraidhela, Dhanbad
Below in the table are the key details related to IFSC Code UTIB0002853 of Axis Bank for its branch located in Dhanbad, within the district of Dhanbad in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002853 |
| Branch | Saraidhela |
| City | Dhanbad |
| District | Dhanbad |
| State | Jharkhand |
| Address | Upper Ground Floor Dhanbadgovindpur Main Road Kg Ashram Dhanbad Jharkhand 828109 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Dhanbad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002853 for the Saraidhela 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, along with Axis Bank located in Saraidhela, Dhanbad, Jharkhand, are allotted a unique IFSC like UTIB0002853 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dhanbad.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dhanbad and Dhanbad.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Saraidhela reaches the right place, even though there are thousands of branches in Jharkhand and across India.
Format of the IFSC Code UTIB0002853
The format of the IFSC Code for banks, including Axis Bank, has 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 Saraidhela in Dhanbad.
For example, the IFSC Code UTIB0002853 of Axis Bank for the Saraidhela branch includes these elements, identifying the bank and the branch location in Dhanbad and Jharkhand correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0002853 of Axis Bank for its Saraidhela branch located in Dhanbad, 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 Dhanbad and Dhanbad, 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 Saraidhela or Dhanbad to find the exact IFSC Code UTIB0002853.
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 Dhanbad will provide accurate information.
How to Use IFSC Code UTIB0002853 for Online Transfers?
If you have the IFSC Code UTIB0002853 for the Saraidhela 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 UTIB0002853. 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 UTIB0002853.
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 Saraidhela in Dhanbad, it may result in delayed or failed transactions.
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 Saraidhela, 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 Dhanbad manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Saraidhela Dhanbad branch is UTIB0002853.
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 Upper Ground Floor Dhanbadgovindpur Main Road Kg Ashram Dhanbad Jharkhand 828109.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.