For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Faridabad branch in Faridabad, Faridabad, Haryana, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Faridabad or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0005406. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Faridabad, Faridabad

Below in the table are the key details related to IFSC Code UTIB0005406 of Axis Bank for its branch located in Faridabad, within the district of Faridabad in the state of Haryana.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0005406
Branch Faridabad
City Faridabad
District Faridabad
State Haryana
Address Ground Floor,Shop No 31,32,33,34 And35,Broadway Street,Amolik Heights,Sector 88,Faridabad

These details helps users in online banking and for businesses and individuals who use Axis Bank in Faridabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005406 for the Faridabad 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 Faridabad, Faridabad, Haryana, are given a unique IFSC like UTIB0005406 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code UTIB0005406

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 Faridabad in Faridabad.

For example, the IFSC Code UTIB0005406 of Axis Bank for the Faridabad branch has these elements, identifying the bank and the branch location in Faridabad and Haryana correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0005406 of Axis Bank for its Faridabad branch located in Faridabad, 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 Faridabad and Faridabad, 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 Faridabad or Faridabad to get the exact IFSC Code UTIB0005406.

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 Faridabad, you'll get the correct details.

How to Use IFSC Code UTIB0005406 for Online Transfers?

Once you have the IFSC Code UTIB0005406 for the Faridabad branch of Axis Bank in Faridabad, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0005406. 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 UTIB0005406.

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 Faridabad in Faridabad, 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 Faridabad, 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 Faridabad to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Faridabad, Faridabad?

The IFSC Code is UTIB0005406.

Is the IFSC Code UTIB0005406 permanent?

Yes, but it can change during merging or restructuring of the bank.

Is MICR the same as IFSC?

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

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

You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.

What is the full address of the Faridabad branch?

The address of the branch is Ground Floor,Shop No 31,32,33,34 And35,Broadway Street,Amolik Heights,Sector 88,Faridabad located in Faridabad, Faridabad, Haryana.

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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