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 Mawlai branch in East Khasi Hills, Shillong, Meghalaya, 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 East Khasi Hills or anywhere in Meghalaya can easily transfer funds instantly by using the correct IFSC Code UTIB0003129. 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, Mawlai, East Khasi Hills

The table below shows the main details of the IFSC Code UTIB0003129 for the Axis Bank branch in East Khasi Hills, which falls under the Shillong district in Meghalaya.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0003129
Branch Mawlai
City East Khasi Hills
District Shillong
State Meghalaya
Address Ground And First Floor Skyline View Long Round Road Mawlai

These details helps users in online banking and for businesses and individuals who use Axis Bank in East Khasi Hills for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003129 for the Mawlai 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 Mawlai, East Khasi Hills, Meghalaya, are given a unique IFSC like UTIB0003129 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in East Khasi Hills.
  • 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 East Khasi Hills and Shillong.
  • 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 Mawlai goes to the correct branch. This is important because Axis Bank has thousands of branches in Meghalaya and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0003129

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 Mawlai in East Khasi Hills.

For example, the IFSC Code UTIB0003129 of Axis Bank for the Mawlai branch includes these elements, identifying the bank and the branch location in East Khasi Hills and Meghalaya correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0003129 of Axis Bank for its Mawlai branch located in East Khasi Hills, 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 East Khasi Hills and Shillong, 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 Mawlai or East Khasi Hills to get the exact IFSC Code UTIB0003129.

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 East Khasi Hills, then it will provide you proper information.

How to Use IFSC Code UTIB0003129 for Online Transfers?

If you have the IFSC Code UTIB0003129 for the Mawlai branch of Axis Bank in East Khasi Hills, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003129. 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 UTIB0003129.

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 Mawlai in East Khasi Hills, it may 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 Mawlai, 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 Hills to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Mawlai, East Khasi Hills?

The IFSC Code is UTIB0003129.

Is the IFSC Code UTIB0003129 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

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

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

What is the full address of the Mawlai branch?

The address of the branch is Ground And First Floor Skyline View Long Round Road Mawlai located in East Khasi Hills, Shillong, Meghalaya.

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.

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