Digital banking and online financial transactions in India uses one essential element that ensures you have a seamless and accurate fund transfers, it is the IFSC Code. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Barkagaon branch in Hazaribagh, Barkagaon, Jharkhand, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in Hazaribagh or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UTIB0004644. You should definitely know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Barkagaon, Hazaribagh
Below in the table are the key details related to IFSC Code UTIB0004644 of Axis Bank for its branch located in Hazaribagh, within the district of Barkagaon in the state of Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004644 |
| Branch | Barkagaon |
| City | Hazaribagh |
| District | Barkagaon |
| State | Jharkhand |
| Address | First Floor, Dinesh Apartment, Hazaribagh Road, Opp Boi, Barkagaon, Dist Hazaribagh |
These details help users in online banking and for businesses and individuals who use Axis Bank in Hazaribagh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004644 for the Barkagaon 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, an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Barkagaon, Hazaribagh, Jharkhand, are given a unique IFSC like UTIB0004644 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hazaribagh.
- 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 Hazaribagh and Barkagaon.
- 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 Barkagaon goes to the correct branch. This is important because Axis Bank has thousands of branches in Jharkhand and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0004644
The format of the IFSC Code for banks, including Axis Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Barkagaon in Hazaribagh.
For example, the IFSC Code UTIB0004644 of Axis Bank for the Barkagaon branch includes these elements, identifying the bank and the branch location in Hazaribagh and Jharkhand correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0004644 of Axis Bank for its Barkagaon branch located in Hazaribagh, 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 Hazaribagh and Barkagaon, 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 Barkagaon or Hazaribagh to find the exact IFSC Code UTIB0004644.
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 Hazaribagh will provide accurate information.
How to Use IFSC Code UTIB0004644 for Online Transfers?
If you have the IFSC Code UTIB0004644 for the Barkagaon branch of Axis Bank in Hazaribagh, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004644. 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 UTIB0004644.
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 Barkagaon in Hazaribagh, 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 Barkagaon, here are some ways that you can get 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.
If you know both IFSC and MICR codes, then it can help account holders in Hazaribagh manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004644.
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 First Floor, Dinesh Apartment, Hazaribagh Road, Opp Boi, Barkagaon, Dist Hazaribagh located in Hazaribagh, Barkagaon, Jharkhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.