IFSC Code of Axis Bank, Shahkot, Shahkot, Punjab- UTIB0001281

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 Shahkot branch in Jalandhar, Shahkot, or Punjab, 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 Jalandhar or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0001281. 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, Shahkot, Jalandhar

Here are the main details that are associated with the IFSC Code UTIB0001281 of Axis Bank for its branch located in Jalandhar, within the district of Shahkot 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 UTIB0001281 for the Shahkot 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 UTIB0001281 is given to every bank branch, including Axis Bank located in Shahkot, 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 Shahkot.
• 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 Shahkot doesn't end up at another location.

Format of the IFSC Code UTIB0001281

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shahkot in Jalandhar.

For example, the IFSC Code UTIB0001281 of Axis Bank for the Shahkot branch includes these elements, identifying the bank and the branch location in Jalandhar and Punjab accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0001281 of Axis Bank for its Shahkot branch located in Jalandhar, 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

You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Jalandhar and Shahkot, print them 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 Shahkot or Jalandhar to get the exact IFSC Code UTIB0001281.

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 Jalandhar, you'll get the correct details.

How to Use IFSC Code UTIB0001281 for Online Transfers?

If you have the IFSC Code UTIB0001281 for the Shahkot 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 UTIB0001281. 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 UTIB0001281.

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 Shahkot in Jalandhar, it may result in delayed or failed transactions.

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 Shahkot, 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 Jalandhar manage their online transfers and cheque clearances easily.