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 Chandkuri branch in Durg, Chandkuri, West Bengal, 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 Durg or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code UTIB0001666. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Chandkuri, Durg

Here are the main details that are associated with the IFSC Code UTIB0001666 of Axis Bank for its branch located in Durg, within the district of Chandkuri in the state of West Bengal.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0001666
Branch Chandkuri
City Durg
District Chandkuri
State West Bengal
Address Near Csit College,Phulgaon, Chandkuri,Dist Durg ,491221 Chhattisgarh.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Durg for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001666 for the Chandkuri 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 Chandkuri, Durg, West Bengal, are given a unique IFSC like UTIB0001666 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Durg.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It prevents any kind of confusion between different branches of the same bank in places like Durg and Chandkuri.
  • It reduces errors in fund transfers and improves accuracy.
  • It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Axis Bank in Chandkuri goes to the correct branch. This is important because Axis Bank has thousands of branches in West Bengal and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0001666

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 Chandkuri in Durg.

For example, the IFSC Code UTIB0001666 of Axis Bank for the Chandkuri branch includes these elements, identifying the bank and the branch location in Durg and West Bengal accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0001666 of Axis Bank for its Chandkuri branch located in Durg, 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

You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Durg and Chandkuri, print them 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 Chandkuri or Durg to get the exact IFSC Code UTIB0001666.

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 Durg, you'll get the correct details.

How to Use IFSC Code UTIB0001666 for Online Transfers?

If you have the IFSC Code UTIB0001666 for the Chandkuri branch of Axis Bank in Durg, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0001666. 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 UTIB0001666.

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 Chandkuri in Durg, 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 Chandkuri, 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 Durg manage their online transfers and cheque clearances easily.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Chandkuri, Durg?

The IFSC Code is UTIB0001666.

Is the IFSC Code UTIB0001666 permanent?

Yes, but there can be changes during mergers or restructuring.

Is MICR the same as IFSC?

No, MICR is for cheque clearing and the IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Chandkuri?

You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Chandkuri branch?

The address of the branch is Near Csit College,Phulgaon, Chandkuri,Dist Durg ,491221 Chhattisgarh. located in Durg, Chandkuri, West Bengal.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.