IFSC Code of Axis Bank, Nehru Nagar Square, Bhilainagar, Chhattisgarh- UTIB0001547

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Nehru Nagar Square branch in Durg, Bhilainagar, Chhattisgarh, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Durg or anywhere in Chhattisgarh can easily transfer funds instantly by using the correct IFSC Code UTIB0001547. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Nehru Nagar Square, Durg

Here are the key points that are associated with the IFSC Code UTIB0001547 of Axis Bank for its branch located in Durg, within the district of Bhilainagar in the state of Chhattisgarh.

These details help 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 UTIB0001547 for the Nehru Nagar Square branch of Axis Bank has a very 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 Nehru Nagar Square, Durg, Chhattisgarh, are given a unique IFSC like UTIB0001547 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 Bhilainagar.
• 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 Nehru Nagar Square goes to the correct branch. This is important because Axis Bank has thousands of branches in Chhattisgarh and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0001547

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 Nehru Nagar Square in Durg.

For example, the IFSC Code UTIB0001547 of Axis Bank for the Nehru Nagar Square branch includes these elements, identifying the bank and the branch location in Durg and Chhattisgarh correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0001547 of Axis Bank for its Nehru Nagar Square branch located in Durg, 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 Durg and Bhilainagar, 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 Nehru Nagar Square or Durg to get the exact IFSC Code UTIB0001547.

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 Durg, then it will provide you proper information.

How to Use IFSC Code UTIB0001547 for Online Transfers?

Once you have the IFSC Code UTIB0001547 for the Nehru Nagar Square branch of Axis Bank in Durg, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0001547. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0001547.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Nehru Nagar Square in Durg, it can result in delayed or failed transactions.

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 Nehru Nagar Square, 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 Durg manage online transfers as well as cheque clearances with ease.