IFSC Code of Axis Bank, Baradwari, Jamshedpur, Jharkhand- UTIB0005412

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 Baradwari branch in East Singhbhum, Jamshedpur, Jharkhand, 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 Singhbhum or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code UTIB0005412. 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, Baradwari, East Singhbhum

Here are the key points that are associated with the IFSC Code UTIB0005412 of Axis Bank for its branch located in East Singhbhum, within the district of Jamshedpur in the state of Jharkhand.

These details helps users in online banking and for businesses and individuals who use Axis Bank in East Singhbhum for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005412 for the Baradwari branch of Axis Bank plays a vital 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 Baradwari, East Singhbhum, Jharkhand, is provided a unique IFSC like UTIB0005412 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in East Singhbhum.
• 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 Singhbhum and Jamshedpur.
• 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 Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Baradwari do not get misguided to another person.

Format of the IFSC Code UTIB0005412

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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
• 5th character (0): This is always zero and is reserved for future use.
• Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Baradwari in East Singhbhum.

For example, the IFSC Code UTIB0005412 of Axis Bank for the Baradwari branch has these elements, identifying the bank and the branch location in East Singhbhum and Jharkhand correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0005412 of Axis Bank for its Baradwari branch located in East Singhbhum, the following methods can help:

Cheque Book

The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in East Singhbhum and Jamshedpur, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and find the branch locator section. Search for Baradwari or East Singhbhum to get the exact IFSC Code UTIB0005412.

Mobile Banking App

If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.

RBI Website

The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and East Singhbhum that will provide accurate information.

How to Use IFSC Code UTIB0005412 for Online Transfers?

Once you have the IFSC Code UTIB0005412 for the Baradwari branch of Axis Bank in East Singhbhum, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0005412. 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 UTIB0005412.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Baradwari in East Singhbhum, 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 Baradwari, 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 Singhbhum to handle online money transfers and get their cheques cleared smoothly.