There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Urmar Tanda branch in Hoshiarpur, Urmar Tanda, Punjab, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Hoshiarpur or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code UTIB0000714. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Urmar Tanda, Hoshiarpur

Here are some of the key details that come with the IFSC Code UTIB0000714 of Axis Bank for its branch located in Hoshiarpur, within the district of Urmar Tanda in the state of Punjab.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0000714
Branch Urmar Tanda
City Hoshiarpur
District Urmar Tanda
State Punjab
Address Khasra No.100/8/3 (0-4) 9/1/1 (3-0) Sh. R D Complex, Jaja Chowk Tanda-Sri Hargobindpur Road Tanda 144203, Dist. Hoshiarpur, Punjab

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Hoshiarpur for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0000714 for the Urmar Tanda branch of Axis Bank is vital.

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, including Axis Bank located in Urmar Tanda, Hoshiarpur, Punjab, is provided with a unique IFSC like UTIB0000714 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Hoshiarpur.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any errors or confusions between multiple branches of the same bank across different places like Hoshiarpur and Urmar Tanda.
  • It reduces errors in fund transfers and improves accuracy.
  • It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Punjab and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Urmar Tanda do not get mixed with another location.

Format of the IFSC Code UTIB0000714

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 Urmar Tanda in Hoshiarpur.

For example, the IFSC Code UTIB0000714 of Axis Bank for the Urmar Tanda branch includes these elements, identifying the bank and the branch location in Hoshiarpur and Punjab accurately.

How to Find IFSC Code for Axis Bank?

To find the IFSC Code UTIB0000714 of Axis Bank for its Urmar Tanda branch located in Hoshiarpur, 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 Hoshiarpur and Urmar Tanda, 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 Urmar Tanda or Hoshiarpur to find the exact IFSC Code UTIB0000714.

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 Hoshiarpur will provide accurate information.

How to Use IFSC Code UTIB0000714 for Online Transfers?

Once you have the IFSC Code UTIB0000714 for the Urmar Tanda 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 UTIB0000714. 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 UTIB0000714.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Urmar Tanda 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 differ from IFSC codes. If you are looking for the MICR code of Axis Bank in Urmar Tanda, 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 Hoshiarpur to handle online money transfers and get their cheques cleared smoothly.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Urmar Tanda, Hoshiarpur?

The IFSC Code is UTIB0000714.

Is the IFSC Code UTIB0000714 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Urmar Tanda?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Urmar Tanda branch?

The address of the branch is Khasra No.100/8/3 (0-4) 9/1/1 (3-0) Sh. R D Complex, Jaja Chowk Tanda-Sri Hargobindpur Road Tanda 144203, Dist. Hoshiarpur, Punjab located in Hoshiarpur, Urmar Tanda, Punjab.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.