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 Ranjagola branch in Dhenkanal, Hindol, or Odisha, 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 Dhenkanal or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTIB0002344. 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, Ranjagola, Dhenkanal
Below in the table are the key details related to IFSC Code UTIB0002344 of Axis Bank for its branch located in Dhenkanal, within the district of Hindol in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002344 |
| Branch | Ranjagola |
| City | Dhenkanal |
| District | Hindol |
| State | Odisha |
| Address | First Floor, Khata No. 1411, Plot No. 5368/6890/7297, Mouza Ranjagola, Tehsil Hindol, Dist.Dhenkanal, Orissa, Pin 759018 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Dhenkanal for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002344 for the Ranjagola branch of Axis Bank has an important 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 Ranjagola, Dhenkanal, Odisha, are allotted a unique IFSC like UTIB0002344 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Dhenkanal.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Dhenkanal and Hindol.
- 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 Ranjagola reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code UTIB0002344
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 Ranjagola in Dhenkanal.
For example, the IFSC Code UTIB0002344 of Axis Bank for the Ranjagola branch includes these elements, identifying the bank and the branch location in Dhenkanal and Odisha accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002344 of Axis Bank for its Ranjagola branch located in Dhenkanal, 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 Dhenkanal and Hindol, 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 Ranjagola or Dhenkanal to get the exact IFSC Code UTIB0002344.
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 Dhenkanal, you'll get the correct details.
How to Use IFSC Code UTIB0002344 for Online Transfers?
Once you have the IFSC Code UTIB0002344 for the Ranjagola branch of Axis Bank in Dhenkanal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0002344. 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 UTIB0002344.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Ranjagola in Dhenkanal, 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 Ranjagola, 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 Dhenkanal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002344.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is First Floor, Khata No. 1411, Plot No. 5368/6890/7297, Mouza Ranjagola, Tehsil Hindol, Dist.Dhenkanal, Orissa, Pin 759018 located in Dhenkanal, Hindol, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.