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 The Dhanbad Central Co-Operative Bank Ltd branch in Dhanbad, Dhanbad, 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 Dhanbad or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UTIB0SDCCB1. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, The Dhanbad Central Co-Operative Bank Ltd, Dhanbad
The table below shows the main details of the IFSC Code UTIB0SDCCB1 for the Axis Bank branch in Dhanbad, which falls under the Dhanbad district in Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SDCCB1 |
| Branch | The Dhanbad Central Co-Operative Bank Ltd |
| City | Dhanbad |
| District | Dhanbad |
| State | Jharkhand |
| Address | Radhir Verma Chowk, The Dhanbad Central Co-Operative Bank Ltd,Dhanbad-826001. |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Dhanbad for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0SDCCB1 for the The Dhanbad Central Co-Operative Bank Ltd 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, along with Axis Bank located in The Dhanbad Central Co-Operative Bank Ltd, Dhanbad, Jharkhand, are allotted a unique IFSC like UTIB0SDCCB1 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 The Dhanbad Central Co-Operative Bank Ltd reaches the right place, even though there are thousands of branches in Jharkhand and across India.
Format of the IFSC Code UTIB0SDCCB1
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 The Dhanbad Central Co-Operative Bank Ltd in Dhanbad.
For example, the IFSC Code UTIB0SDCCB1 of Axis Bank for the The Dhanbad Central Co-Operative Bank Ltd branch includes these elements, identifying the bank and the branch location in Dhanbad and Jharkhand correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0SDCCB1 of Axis Bank for its The Dhanbad Central Co-Operative Bank Ltd branch located in Dhanbad, 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 Dhanbad and Dhanbad, 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 The Dhanbad Central Co-Operative Bank Ltd or Dhanbad to get the exact IFSC Code UTIB0SDCCB1.
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 Dhanbad, you'll get the correct details.
How to Use IFSC Code UTIB0SDCCB1 for Online Transfers?
Once you have the IFSC Code UTIB0SDCCB1 for the The Dhanbad Central Co-Operative Bank Ltd branch of Axis Bank in Dhanbad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0SDCCB1. 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 UTIB0SDCCB1.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank The Dhanbad Central Co-Operative Bank Ltd in Dhanbad, 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 The Dhanbad Central Co-Operative Bank Ltd, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Dhanbad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0SDCCB1.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Radhir Verma Chowk, The Dhanbad Central Co-Operative Bank Ltd,Dhanbad-826001. located in Dhanbad, Dhanbad, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.