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 Sector Seven branch in Karnal, Karnal, 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 UTIB0004382. 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, Sector Seven, Karnal
Here are the main details that are associated with the IFSC Code UTIB0004382 of Axis Bank for its branch located in Karnal, within the district of Karnal in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0004382 |
| Branch | Sector Seven |
| City | Karnal |
| District | Karnal |
| State | Haryana |
| Address | Basement & Ground Floor,Sco No. 104,Sector 7 Karnal 132001 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Karnal for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0004382 for the Sector Seven branch of Axis Bank is vital.
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 UTIB0004382 is given to every bank branch, including Axis Bank located in Sector Seven, 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 Karnal.
- 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 Sector Seven doesn't end up at another location.
Format of the IFSC Code UTIB0004382
The format of the IFSC Code for banks, including Axis Bank, has an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): Show the bank code. For Axis Bank, these letters represent the bank's short name.
- 5th character: Is always zero and is kept for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sector Seven in Karnal.
For example, the IFSC Code UTIB0004382 of Axis Bank for the Sector Seven branch includes 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 UTIB0004382 of Axis Bank for its Sector Seven branch located in Karnal, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Karnal and Karnal, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Sector Seven or Karnal to get the exact IFSC Code UTIB0004382.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Karnal that will provide accurate information.
How to Use IFSC Code UTIB0004382 for Online Transfers?
Once you have the IFSC Code UTIB0004382 for the Sector Seven branch of Axis Bank in Karnal, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0004382. 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 UTIB0004382.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Sector Seven in Karnal, 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 Sector Seven, 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 Karnal manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Sector Seven Karnal branch is UTIB0004382.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Basement & Ground Floor,Sco No. 104,Sector 7 Karnal 132001.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
