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 Pathalgaon branch in Jashpur, Pathalgaon, Chandigarh, 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 Jashpur or anywhere in Chandigarh can transfer funds instantly by using the correct IFSC Code UTIB0004416. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Pathalgaon, Jashpur
Here are the main details that are associated with the IFSC Code UTIB0004416 of Axis Bank for its branch located in Jashpur, within the district of Pathalgaon in the state of Chandigarh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004416 |
| Branch | Pathalgaon |
| City | Jashpur |
| District | Pathalgaon |
| State | Chandigarh |
| Address | G.S.Complex,Raigarh Road,Opposite To Lici Building, Po Ps Pathalgaon,Dist Jashpur,C.G,Pin 496118 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Jashpur for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004416 for the Pathalgaon 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Pathalgaon, Jashpur, Chandigarh, are given a unique IFSC like UTIB0004416 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Jashpur.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents any kind of confusion between different branches of the same bank in places like Jashpur and Pathalgaon.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It helps ensure that any money sent to Axis Bank in Pathalgaon goes to the correct branch. This is important because Axis Bank has thousands of branches in Chandigarh and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0004416
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 Pathalgaon in Jashpur.
For example, the IFSC Code UTIB0004416 of Axis Bank for the Pathalgaon branch includes these elements, identifying the bank and the branch location in Jashpur and Chandigarh accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0004416 of Axis Bank for its Pathalgaon branch located in Jashpur, 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
Most banks, including Axis Bank branches in Jashpur and Pathalgaon, print the IFSC and MICR codes 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 Pathalgaon or Jashpur to get the exact IFSC Code UTIB0004416.
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 Jashpur, you'll get the correct details.
How to Use IFSC Code UTIB0004416 for Online Transfers?
Once you have the IFSC Code UTIB0004416 for the Pathalgaon branch of Axis Bank in Jashpur, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0004416. 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 UTIB0004416.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Pathalgaon in Jashpur, your payment can get delayed or might not go through at all.
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 Pathalgaon, 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 Jashpur to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0004416.
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 G.S.Complex,Raigarh Road,Opposite To Lici Building, Po Ps Pathalgaon,Dist Jashpur,C.G,Pin 496118 located in Jashpur, Pathalgaon, Chandigarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.