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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Shillong (Meghalaya) branch in East Khasi Hill, Shillong, Meghalaya, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in East Khasi Hill or anywhere in Meghalaya can transfer funds instantly by using the correct IFSC Code UTIB0000270. 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, Shillong (Meghalaya), East Khasi Hill
Here are the main details that are associated with the IFSC Code UTIB0000270 of Axis Bank for its branch located in East Khasi Hill, within the district of Shillong in the state of Meghalaya.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000270 |
| Branch | Shillong (Meghalaya) |
| City | East Khasi Hill |
| District | Shillong |
| State | Meghalaya |
| Address | Ob Shopping Mall,Police Bazar Junction Jail Road |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in East Khasi Hill for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000270 for the Shillong (Meghalaya) branch of Axis Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Shillong (Meghalaya), East Khasi Hill, Meghalaya, is provided a unique IFSC like UTIB0000270 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in East Khasi Hill.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like East Khasi Hill and Shillong.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Meghalaya and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Shillong (Meghalaya) do not get misguided to another person.
Format of the IFSC Code UTIB0000270
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Shillong (Meghalaya) in East Khasi Hill.
For example, the IFSC Code UTIB0000270 of Axis Bank for the Shillong (Meghalaya) branch includes these elements, identifying the bank and the branch location in East Khasi Hill and Meghalaya accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0000270 of Axis Bank for its Shillong (Meghalaya) branch located in East Khasi Hill, 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 East Khasi Hill and Shillong, 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 Shillong (Meghalaya) or East Khasi Hill to get the exact IFSC Code UTIB0000270.
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 East Khasi Hill, you'll get the correct details.
How to Use IFSC Code UTIB0000270 for Online Transfers?
Once you have the IFSC Code UTIB0000270 for the Shillong (Meghalaya) branch of Axis Bank in East Khasi Hill, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0000270. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 UTIB0000270.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Shillong (Meghalaya) in East Khasi Hill, 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 Shillong (Meghalaya), 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 East Khasi Hill to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000270.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ob Shopping Mall,Police Bazar Junction Jail Road located in East Khasi Hill, Shillong, Meghalaya.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.