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 Lajpat Rai Road Jagraon branch in Jagraon, Jagraon, 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 Jagraon or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code UTIB0004083. 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, Lajpat Rai Road Jagraon, Jagraon
Here are the key points that are associated with the IFSC Code UTIB0004083 of Axis Bank for its branch located in Jagraon, within the district of Jagraon in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004083 |
| Branch | Lajpat Rai Road Jagraon |
| City | Jagraon |
| District | Jagraon |
| State | Punjab |
| Address | Ground Floor Municipal No 449 1 Jagraon 142026 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Jagraon for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004083 for the Lajpat Rai Road Jagraon branch of Axis Bank has a very 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 Lajpat Rai Road Jagraon, Jagraon, Punjab, are allotted a unique IFSC like UTIB0004083 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jagraon.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Jagraon and Jagraon.
- 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 Lajpat Rai Road Jagraon reaches the right place, even though there are thousands of branches in Punjab and across India.
Format of the IFSC Code UTIB0004083
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): 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 Lajpat Rai Road Jagraon in Jagraon.
For example, the IFSC Code UTIB0004083 of Axis Bank for the Lajpat Rai Road Jagraon branch includes these elements, identifying the bank and the branch location in Jagraon and Punjab accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0004083 of Axis Bank for its Lajpat Rai Road Jagraon branch located in Jagraon, 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 Jagraon and Jagraon, 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 Lajpat Rai Road Jagraon or Jagraon to find the exact IFSC Code UTIB0004083.
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 Jagraon will provide accurate information.
How to Use IFSC Code UTIB0004083 for Online Transfers?
If you have the IFSC Code UTIB0004083 for the Lajpat Rai Road Jagraon branch of Axis Bank in Jagraon, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0004083. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for high-value payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0004083.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Lajpat Rai Road Jagraon in Jagraon, it may result in delayed or failed transactions.
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 Lajpat Rai Road Jagraon, 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 Jagraon to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004083.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor Municipal No 449 1 Jagraon 142026 located in Jagraon, Jagraon, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.