IFSC Code of Axis Bank, Nurmahal, Nurmahal, Punjab- UTIB0003031

The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Nurmahal branch in Jalandhar, Nurmahal, Punjab, this complete guide will provide you with detailed information.

The banking system in India has changed over the years, and today customers of Axis Bank located in Jalandhar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0003031. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Nurmahal, Jalandhar

Below in the table are the key details related to IFSC Code UTIB0003031 of Axis Bank for its branch located in Jalandhar, within the district of Nurmahal in the state of Punjab.

These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Jalandhar for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003031 for the Nurmahal branch of Axis Bank has 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 UTIB0003031 is given to every bank branch, including Axis Bank located in Nurmahal, Jalandhar, Punjab, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Jalandhar.
• 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 Jalandhar and Nurmahal.
• 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 Punjab and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Nurmahal doesn't end up at another location.

Format of the IFSC Code UTIB0003031

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 Nurmahal in Jalandhar.

For example, the IFSC Code UTIB0003031 of Axis Bank for the Nurmahal branch includes these elements, identifying the bank and the branch location in Jalandhar and Punjab correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0003031 of Axis Bank for its Nurmahal branch located in Jalandhar, 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 Jalandhar and Nurmahal, 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 Nurmahal or Jalandhar to get the exact IFSC Code UTIB0003031.

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 Jalandhar, then it will provide you proper information.

How to Use IFSC Code UTIB0003031 for Online Transfers?

If you have the IFSC Code UTIB0003031 for the Nurmahal branch of Axis Bank in Jalandhar, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003031. 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 UTIB0003031.

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 Nurmahal in Jalandhar, 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 Nurmahal, 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 Jalandhar to handle online money transfers and get their cheques cleared smoothly.