IFSC Code of Axis Bank, Hardowal, Derababa Nanak, Punjab- UTIB0002404

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 Hardowal branch in Gurdaspur, Derababa Nanak, Punjab, 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 Gurdaspur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0002404. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Hardowal, Gurdaspur

Here are some of the key details that come with the IFSC Code UTIB0002404 of Axis Bank for its branch located in Gurdaspur, within the district of Derababa Nanak in the state of Punjab.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Gurdaspur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002404 for the Hardowal 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Hardowal, Gurdaspur, Punjab, are given a unique IFSC like UTIB0002404 to ensure that online payments reach the right destination.

The IFSC Code is important because:

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

Format of the IFSC Code UTIB0002404

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 Hardowal in Gurdaspur.

For example, the IFSC Code UTIB0002404 of Axis Bank for the Hardowal branch has these elements, identifying the bank and the branch location in Gurdaspur and Punjab correctly.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0002404 of Axis Bank for its Hardowal branch located in Gurdaspur, the following methods can help you out:

Cheque Book

The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.

Passbook

Most banks, including Axis Bank branches in Gurdaspur and Derababa Nanak, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

Visit the official website of Axis Bank and go to the branch locator section. Then search for Hardowal or Gurdaspur to find the exact IFSC Code UTIB0002404.

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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Gurdaspur will provide accurate information.

How to Use IFSC Code UTIB0002404 for Online Transfers?

If you have the IFSC Code UTIB0002404 for the Hardowal branch of Axis Bank in Gurdaspur, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002404. 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 UTIB0002404.

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