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 The Panipat Urban Co Op Bank Ltd branch in Karnal, Karnal, Haryana, 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 Karnal or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0SPUC16. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, The Panipat Urban Co Op Bank Ltd, Karnal
Here are some of the key details that come with the IFSC Code UTIB0SPUC16 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 | UTIB0SPUC16 |
| Branch | The Panipat Urban Co Op Bank Ltd |
| City | Karnal |
| District | Karnal |
| State | Haryana |
| Address | Karnal, Pincode 132001 |
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 UTIB0SPUC16 for the The Panipat Urban Co Op Bank Ltd 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in The Panipat Urban Co Op Bank Ltd, Karnal, Haryana, are given a unique IFSC like UTIB0SPUC16 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 Karnal.
- 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 The Panipat Urban Co Op Bank Ltd 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 UTIB0SPUC16
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 The Panipat Urban Co Op Bank Ltd in Karnal.
For example, the IFSC Code UTIB0SPUC16 of Axis Bank for the The Panipat Urban Co Op Bank Ltd 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 looking for the IFSC Code UTIB0SPUC16 of Axis Bank for its The Panipat Urban Co Op Bank Ltd branch located in Karnal, the following methods can help:
Cheque Book
The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Karnal and Karnal, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for The Panipat Urban Co Op Bank Ltd or Karnal to get the exact IFSC Code UTIB0SPUC16.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Karnal, then it will provide you proper information.
How to Use IFSC Code UTIB0SPUC16 for Online Transfers?
Once you have the IFSC Code UTIB0SPUC16 for the The Panipat Urban Co Op Bank Ltd 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 UTIB0SPUC16. 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 UTIB0SPUC16.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank The Panipat Urban Co Op Bank Ltd in Karnal, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in The Panipat Urban Co Op Bank Ltd, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Karnal manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0SPUC16.
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 Karnal, Pincode 132001 located in Karnal, Karnal, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.