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 Matak Majri branch in Karnal, Matak Majri, Haryana, 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 Karnal or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code UTIB0002211. 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, Matak Majri, Karnal

Below in the table are the key details related to IFSC Code UTIB0002211 of Axis Bank for its branch located in Karnal, within the district of Matak Majri in the state of Haryana.

Particulars Details
Bank Axis Bank
IFSC Code UTIB0002211
Branch Matak Majri
City Karnal
District Matak Majri
State Haryana
Address Rect. No.21, Killa No.4/2/2(0-7),Comprised In Khewat No.214, Khatoni No 225, Village Matak Majri, Tehsil Indri,Karnal,Pin-132041

These details helps users in online banking and for businesses and individuals who use Axis Bank in Karnal for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002211 for the Matak Majri branch of Axis Bank plays a vital 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 Matak Majri, Karnal, Haryana, are given a unique IFSC like UTIB0002211 to ensure that online payments reach the right destination.

The IFSC Code is important because:

  • It clearly tells which bank branch it is in Karnal.
  • 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 Karnal and Matak Majri.
  • 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 Matak Majri goes to the correct branch. This is important because Axis Bank has thousands of branches in Haryana and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0002211

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

AAAA0CCCCCC

Here's the breakdown of this:

  • First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
  • 5th character (0): Always zero which is reserved for future use.
  • Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Matak Majri in Karnal.

For example, the IFSC Code UTIB0002211 of Axis Bank for the Matak Majri branch includes these elements, identifying the bank and the branch location in Karnal and Haryana accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002211 of Axis Bank for its Matak Majri branch located in Karnal, 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 Karnal and Matak Majri, 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 Matak Majri or Karnal to get the exact IFSC Code UTIB0002211.

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 Karnal, you'll get the correct details.

How to Use IFSC Code UTIB0002211 for Online Transfers?

Once you have the IFSC Code UTIB0002211 for the Matak Majri branch of Axis Bank in Karnal, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002211. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0002211.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Matak Majri in Karnal, it can 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 Matak Majri, here are some ways that 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.

If you know both IFSC and MICR codes, then it can help account holders in Karnal manage online transfers as well as cheque clearances with ease.

Frequently Asked Questions (FAQs)

What is the IFSC Code of Axis Bank in Matak Majri, Karnal?

The IFSC Code is UTIB0002211.

Is the IFSC Code UTIB0002211 permanent?

Yes, but it can change if the bank merges or goes through restructuring.

Is MICR the same as IFSC?

No. MICR is for cheque clearing; IFSC is for online transfers.

Where can I find the IFSC Code of Axis Bank Matak Majri?

You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.

What is the full address of the Matak Majri branch?

The address of the branch is Rect. No.21, Killa No.4/2/2(0-7),Comprised In Khewat No.214, Khatoni No 225, Village Matak Majri, Tehsil Indri,Karnal,Pin-132041 located in Karnal, Matak Majri, Haryana.

What is the use of IFSC Code in online banking?

The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.