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 Newal branch in Karnal, Newal, or Haryana, 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 Karnal or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0002212. 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, Newal, Karnal
Here are the main details that are associated with the IFSC Code UTIB0002212 of Axis Bank for its branch located in Karnal, within the district of Newal in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002212 |
| Branch | Newal |
| City | Karnal |
| District | Newal |
| State | Haryana |
| Address | Khewat No.344, Khatoni No.411,Rect. No.53, Killa No.14/1/2(0-5),Village Newal, Tehsil And Karnalpin-132023 |
These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Karnal for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002212 for the Newal branch of Axis Bank plays 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 UTIB0002212 is given to every bank branch, including Axis Bank located in Newal, Karnal, Haryana, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Karnal.
- 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 Karnal and Newal.
- 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 Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Newal doesn't end up at another location.
Format of the IFSC Code UTIB0002212
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Newal in Karnal.
For example, the IFSC Code UTIB0002212 of Axis Bank for the Newal branch has these elements, identifying the bank and the branch location in Karnal and Haryana correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002212 of Axis Bank for its Newal 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
Most banks, including Axis Bank branches in Karnal and Newal, 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 Newal or Karnal to get the exact IFSC Code UTIB0002212.
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 UTIB0002212 for Online Transfers?
Once you have the IFSC Code UTIB0002212 for the Newal 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 UTIB0002212. 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 UTIB0002212.
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 Newal 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 Newal, 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 Karnal to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002212.
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 Khewat No.344, Khatoni No.411,Rect. No.53, Killa No.14/1/2(0-5),Village Newal, Tehsil And Karnalpin-132023 located in Karnal, Newal, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
