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 Ranveerpur branch in Kabeerdham, Kabeerdham, Chhattisgarh, 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 Kabeerdham or anywhere in Chhattisgarh can transfer funds instantly by using the correct IFSC Code UTIB0005553. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Ranveerpur, Kabeerdham
Here are the main details that are associated with the IFSC Code UTIB0005553 of Axis Bank for its branch located in Kabeerdham, within the district of Kabeerdham in the state of Chhattisgarh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005553 |
| Branch | Ranveerpur |
| City | Kabeerdham |
| District | Kabeerdham |
| State | Chhattisgarh |
| Address | Ground Floor, Bazar Chowk Road, Bazar Chowk, Po Ranveerpur, Ps Lohara |
These details help users in online banking and for businesses and individuals who use Axis Bank in Kabeerdham for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005553 for the Ranveerpur 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 Ranveerpur, Kabeerdham, Chhattisgarh, are allotted a unique IFSC like UTIB0005553 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kabeerdham.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kabeerdham and Kabeerdham.
- 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 Ranveerpur reaches the right place, even though there are thousands of branches in Chhattisgarh and across India.
Format of the IFSC Code UTIB0005553
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 Ranveerpur in Kabeerdham.
For example, the IFSC Code UTIB0005553 of Axis Bank for the Ranveerpur branch includes these elements, identifying the bank and the branch location in Kabeerdham and Chhattisgarh accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005553 of Axis Bank for its Ranveerpur branch located in Kabeerdham, 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 Kabeerdham and Kabeerdham, 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 Ranveerpur or Kabeerdham to get the exact IFSC Code UTIB0005553.
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 Kabeerdham, you'll get the correct details.
How to Use IFSC Code UTIB0005553 for Online Transfers?
Once you have the IFSC Code UTIB0005553 for the Ranveerpur branch of Axis Bank in Kabeerdham, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0005553. The transfer is completed in batches instead of instantly. It is useful for both 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0005553.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Ranveerpur in Kabeerdham, your payment can get delayed or might not go through at all.
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 Ranveerpur, 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 Kabeerdham manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005553.
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, Bazar Chowk Road, Bazar Chowk, Po Ranveerpur, Ps Lohara located in Kabeerdham, Kabeerdham, Chhattisgarh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.