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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Jagatsinghpur branch in Jagatsinghpur, Jagatsinghapur, or Odisha, this guide will help you with all the details.
There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Jagatsinghpur or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTIB0001635. 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, Jagatsinghpur, Jagatsinghpur
Here are the key points that are associated with the IFSC Code UTIB0001635 of Axis Bank for its branch located in Jagatsinghpur, within the district of Jagatsinghapur in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001635 |
| Branch | Jagatsinghpur |
| City | Jagatsinghpur |
| District | Jagatsinghapur |
| State | Odisha |
| Address | Plot No. 1353/1821, Sana Bazar Jagatsinghpur, Orissa, Pin 754103 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Jagatsinghpur for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001635 for the Jagatsinghpur branch of Axis Bank plays a vital 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 Jagatsinghpur, Jagatsinghpur, Odisha, are allotted a unique IFSC like UTIB0001635 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jagatsinghpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jagatsinghpur and Jagatsinghapur.
- 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 Jagatsinghpur reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code UTIB0001635
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 Jagatsinghpur in Jagatsinghpur.
For example, the IFSC Code UTIB0001635 of Axis Bank for the Jagatsinghpur branch includes these elements, identifying the bank and the branch location in Jagatsinghpur and Odisha correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0001635 of Axis Bank for its Jagatsinghpur branch located in Jagatsinghpur, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Jagatsinghpur and Jagatsinghapur, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Jagatsinghpur or Jagatsinghpur to get the exact IFSC Code UTIB0001635.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily 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 to help you in searching for Axis Bank and Jagatsinghpur that will provide accurate information.
How to Use IFSC Code UTIB0001635 for Online Transfers?
Once you have the IFSC Code UTIB0001635 for the Jagatsinghpur branch of Axis Bank in Jagatsinghpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0001635. 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 UTIB0001635.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Jagatsinghpur in Jagatsinghpur, your payment can get delayed or might not go through at all.
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 Jagatsinghpur, 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 Jagatsinghpur manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001635.
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 Plot No. 1353/1821, Sana Bazar Jagatsinghpur, Orissa, Pin 754103 located in Jagatsinghpur, Jagatsinghapur, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
