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IFSC Code of Axis Bank, Kwakeithel Branch, Imphal, Manipur — UTIB0003978

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 Kwakeithel Branch branch in Imphal West, 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 West or anywhere in Manipur can transfer funds instantly by using the correct IFSC Code UTIB0003978. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Kwakeithel Branch, Imphal West

Below in the table are the key details related to IFSC Code UTIB0003978 of Axis Bank for its branch located in Imphal West, within the district of Imphal in the state of Manipur.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0003978
Branch Kwakeithel Branch
City Imphal West
District Imphal
State Manipur
Address Shyamkumar Singh Complex, Ground Floor, Tiddim Road Airport Road, Kwakeithel Bazar

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Imphal West for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003978 for the Kwakeithel Branch branch of Axis Bank plays an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, an 11-character alphanumeric code that is provided by the Reserve Bank of India. A unique IFSC like UTIB0003978 is given to every bank branch, including Axis Bank located in Kwakeithel Branch, Imphal West, Manipur, to make sure that online payments reach the right place.

The IFSC Code is important because:

  • It uniquely identifies the Axis Bank branch in Imphal West.
  • It helps NEFT, RTGS, and IMPS systems route the transfer securely.
  • It avoids any kind of confusion between multiple branches of the same bank across different places like Imphal West and Imphal.
  • It removes errors in fund transfers and improves accuracy.
  • It lets the sender banks validate and confirm branch details before they process the payments.

There are thousands of branches across Manipur and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Kwakeithel Branch doesn't end up at another location.

Format of the IFSC Code UTIB0003978

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 Kwakeithel Branch in Imphal West.

For example, the IFSC Code UTIB0003978 of Axis Bank for the Kwakeithel Branch branch has these elements, identifying the bank and the branch location in Imphal West and Manipur correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0003978 of Axis Bank for its Kwakeithel Branch branch located in Imphal West, the following methods can help:

Cheque Book

The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Axis Bank branches in Imphal West and Imphal, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Kwakeithel Branch or Imphal West to get the exact IFSC Code UTIB0003978.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Imphal West, then it will provide you proper information.

How to Use IFSC Code UTIB0003978 for Online Transfers?

Once you have the IFSC Code UTIB0003978 for the Kwakeithel Branch branch of Axis Bank in Imphal West, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003978. 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 UTIB0003978.

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 Kwakeithel Branch in Imphal West, it can result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Kwakeithel Branch, you can find it by any of the following ways:

  • Check the bottom of your cheque leaf.
  • Go to the first page of your passbook.
  • Visit the official Axis Bank website.
  • Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Imphal West manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Kwakeithel Branch, Imphal West?

The IFSC Code is UTIB0003978.

Is the IFSC Code UTIB0003978 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 Kwakeithel Branch?

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 Kwakeithel Branch branch?

The address of the branch is Shyamkumar Singh Complex, Ground Floor, Tiddim Road Airport Road, Kwakeithel Bazar located in Imphal West, Imphal, Manipur.

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.

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