IFSC Code of Axis Bank, Phuglana Hoshi, Hoshiarpur, Punjab- UTIB0002151

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 Phuglana Hoshi branch in Hoshiarpur, Hoshiarpur, 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 Hoshiarpur or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0002151. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Phuglana Hoshi, Hoshiarpur

Here are the key points that are associated with the IFSC Code UTIB0002151 of Axis Bank for its branch located in Hoshiarpur, within the district of Hoshiarpur 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 Hoshiarpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002151 for the Phuglana Hoshi 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 Phuglana Hoshi, Hoshiarpur, Punjab, are allotted a unique IFSC like UTIB0002151 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Hoshiarpur.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents confusion between different branches of the same bank in places like Hoshiarpur and Hoshiarpur.
• 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 Phuglana Hoshi reaches the right place, even though there are thousands of branches in Punjab and across India.

Format of the IFSC Code UTIB0002151

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 Phuglana Hoshi in Hoshiarpur.

For example, the IFSC Code UTIB0002151 of Axis Bank for the Phuglana Hoshi branch has these elements, identifying the bank and the branch location in Hoshiarpur and Punjab correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002151 of Axis Bank for its Phuglana Hoshi branch located in Hoshiarpur, 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 Hoshiarpur and Hoshiarpur, 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 Phuglana Hoshi or Hoshiarpur to get the exact IFSC Code UTIB0002151.

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 Hoshiarpur, you'll get the correct details.

How to Use IFSC Code UTIB0002151 for Online Transfers?

Once you have the IFSC Code UTIB0002151 for the Phuglana Hoshi branch of Axis Bank in Hoshiarpur, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0002151. 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 UTIB0002151.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Phuglana Hoshi in Hoshiarpur, your payment can get delayed or might not go through at all.

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Phuglana Hoshi, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Hoshiarpur manage their online transfers and cheque clearances easily.