The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Ferozepur [Punjab] branch in Ferozepur, Firozpur, Punjab, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Ferozepur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0000313. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Ferozepur [Punjab], Ferozepur
The table below shows the main details of the IFSC Code UTIB0000313 for the Axis Bank branch in Ferozepur, which falls under the Firozpur district in Punjab.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000313 |
| Branch | Ferozepur [Punjab] |
| City | Ferozepur |
| District | Firozpur |
| State | Punjab |
| Address | Es-30/3, Harji Niwas , 1-The Mall,Ferozepur City |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Ferozepur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0000313 for the Ferozepur [Punjab] branch of Axis Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0000313 is given to every bank branch, including Axis Bank located in Ferozepur [Punjab], Ferozepur, Punjab, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Ferozepur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Ferozepur and Firozpur.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Ferozepur [Punjab] doesn't end up at another location.
Format of the IFSC Code UTIB0000313
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 Ferozepur [Punjab] in Ferozepur.
For example, the IFSC Code UTIB0000313 of Axis Bank for the Ferozepur [Punjab] branch includes these elements, identifying the bank and the branch location in Ferozepur and Punjab accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0000313 of Axis Bank for its Ferozepur [Punjab] branch located in Ferozepur, 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 Ferozepur and Firozpur, 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 Ferozepur [Punjab] or Ferozepur to get the exact IFSC Code UTIB0000313.
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 Ferozepur, you'll get the correct details.
How to Use IFSC Code UTIB0000313 for Online Transfers?
Once you have the IFSC Code UTIB0000313 for the Ferozepur [Punjab] branch of Axis Bank in Ferozepur, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0000313. 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 UTIB0000313.
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 Ferozepur [Punjab] in Ferozepur, 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 Ferozepur [Punjab], 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 Ferozepur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000313.
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 Es-30/3, Harji Niwas , 1-The Mall,Ferozepur City located in Ferozepur, Firozpur, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.