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 Imphal Urban Co Operative Bank branch in Imphal East, Imphal, Manipur, 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 Imphal East or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code UTIB0SIUCB1. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Imphal Urban Co Operative Bank, Imphal East
The table below shows the main details of the IFSC Code UTIB0SIUCB1 for the Axis Bank branch in Imphal East, which falls under the Imphal district in Manipur.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SIUCB1 |
| Branch | Imphal Urban Co Operative Bank |
| City | Imphal East |
| District | Imphal |
| State | Manipur |
| Address | Administrative Office,M G Avenue,Manipur,Pin 795001 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Imphal East for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SIUCB1 for the Imphal Urban Co Operative Bank branch of Axis Bank plays a vital 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 Imphal Urban Co Operative Bank, Imphal East, Manipur, is provided a unique IFSC like UTIB0SIUCB1 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Imphal East.
- 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 Imphal East and Imphal.
- 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 Manipur and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Imphal Urban Co Operative Bank do not get misguided to another person.
Format of the IFSC Code UTIB0SIUCB1
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 Imphal Urban Co Operative Bank in Imphal East.
For example, the IFSC Code UTIB0SIUCB1 of Axis Bank for the Imphal Urban Co Operative Bank branch includes these elements, identifying the bank and the branch location in Imphal East and Manipur correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0SIUCB1 of Axis Bank for its Imphal Urban Co Operative Bank branch located in Imphal East, 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 Imphal East and Imphal, 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 Imphal Urban Co Operative Bank or Imphal East to get the exact IFSC Code UTIB0SIUCB1.
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 Imphal East, you'll get the correct details.
How to Use IFSC Code UTIB0SIUCB1 for Online Transfers?
Once you have the IFSC Code UTIB0SIUCB1 for the Imphal Urban Co Operative Bank branch of Axis Bank in Imphal East, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0SIUCB1. 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 UTIB0SIUCB1.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Imphal Urban Co Operative Bank in Imphal East, 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 Imphal Urban Co Operative Bank, 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 Imphal East manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0SIUCB1.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Administrative Office,M G Avenue,Manipur,Pin 795001 located in Imphal East, Imphal, Manipur.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.