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 Mangali Akalan branch in Hisar, Hisar, Haryana, 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 Hisar or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0005402. 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, Mangali Akalan, Hisar
Here are some of the key details that come with the IFSC Code UTIB0005402 of Axis Bank for its branch located in Hisar, within the district of Hisar in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005402 |
| Branch | Mangali Akalan |
| City | Hisar |
| District | Hisar |
| State | Haryana |
| Address | Ground Floor,Property Id 060950Mga0000Ih0224 Village Mangali Akalan,Near Govt Girls Sr Sec School |
These details help users in online banking and for businesses and individuals who use Axis Bank in Hisar for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005402 for the Mangali Akalan 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 Mangali Akalan, Hisar, Haryana, are allotted a unique IFSC like UTIB0005402 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Hisar.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Hisar and Hisar.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Mangali Akalan reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code UTIB0005402
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 Mangali Akalan in Hisar.
For example, the IFSC Code UTIB0005402 of Axis Bank for the Mangali Akalan branch has these elements, identifying the bank and the branch location in Hisar and Haryana correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005402 of Axis Bank for its Mangali Akalan branch located in Hisar, 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 Hisar and Hisar, 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 Mangali Akalan or Hisar to get the exact IFSC Code UTIB0005402.
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 Hisar, you'll get the correct details.
How to Use IFSC Code UTIB0005402 for Online Transfers?
Once you have the IFSC Code UTIB0005402 for the Mangali Akalan branch of Axis Bank in Hisar, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005402. 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 UTIB0005402.
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 Mangali Akalan in Hisar, 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 Mangali Akalan, 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 Hisar manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005402.
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,Property Id 060950Mga0000Ih0224 Village Mangali Akalan,Near Govt Girls Sr Sec School located in Hisar, Hisar, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.