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 Kandial branch in Gurdaspur, Batala, 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 UTIB0002289. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Kandial, Gurdaspur
Below in the table are the key details related to IFSC Code UTIB0002289 of Axis Bank for its branch located in Gurdaspur, within the district of Batala in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002289 |
| Branch | Kandial |
| City | Gurdaspur |
| District | Batala |
| State | Punjab |
| Address | Ground Floor, Khasra No. 16//9/3/5, 16//9/3/4, Hadbast No. 218, Vill Kandial, Tehsil Batala, Dist Gurdaspur, Punjab, Pin- 143513 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Gurdaspur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002289 for the Kandial branch of Axis Bank has a very important 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 Kandial, Gurdaspur, Punjab, is provided a unique IFSC like UTIB0002289 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Gurdaspur.
- 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 Gurdaspur and Batala.
- 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 Punjab and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Kandial do not get misguided to another person.
Format of the IFSC Code UTIB0002289
This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the explanation:
- First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): This stays zero till there is any future use.
- Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Kandial in Gurdaspur.
For example, the IFSC Code UTIB0002289 of Axis Bank for the Kandial branch includes these elements, identifying the bank and the branch location in Gurdaspur and Punjab accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002289 of Axis Bank for its Kandial branch located in Gurdaspur, 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
Most banks, including Axis Bank branches in Gurdaspur and Batala, print the IFSC and MICR codes 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 Kandial or Gurdaspur to get the exact IFSC Code UTIB0002289.
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 Gurdaspur, you'll get the correct details.
How to Use IFSC Code UTIB0002289 for Online Transfers?
Once you have the IFSC Code UTIB0002289 for the Kandial branch of Axis Bank in Gurdaspur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0002289. 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 UTIB0002289.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Kandial in Gurdaspur, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Kandial, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Gurdaspur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002289.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Ground Floor, Khasra No. 16//9/3/5, 16//9/3/4, Hadbast No. 218, Vill Kandial, Tehsil Batala, Dist Gurdaspur, Punjab, Pin- 143513 located in Gurdaspur, Batala, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.