IFSC Code of Axis Bank, Mirchaibari Katihar, Katihar, Bihar- UTIB0004003

For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Mirchaibari Katihar branch in Katihar, Katihar, Bihar, this comprehensive guide will provide you with detailed information.

The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Katihar or anywhere in Bihar can transfer funds instantly by using the correct IFSC Code UTIB0004003. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Mirchaibari Katihar, Katihar

Here are the key points that are associated with the IFSC Code UTIB0004003 of Axis Bank for its branch located in Katihar, within the district of Katihar in the state of Bihar.

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Katihar for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004003 for the Mirchaibari Katihar 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, including Axis Bank located in Mirchaibari Katihar, Katihar, Bihar, is provided with a unique IFSC like UTIB0004003 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Katihar.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any errors or confusions between multiple branches of the same bank across different places like Katihar and Katihar.
• It reduces errors in fund transfers and improves accuracy.
• It allows sender banks to validate and confirm branch details before processing payments.

There are thousands of branches across Bihar and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Mirchaibari Katihar do not get mixed with another location.

Format of the IFSC Code UTIB0004003

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 Mirchaibari Katihar in Katihar.

For example, the IFSC Code UTIB0004003 of Axis Bank for the Mirchaibari Katihar branch includes these elements, identifying the bank and the branch location in Katihar and Bihar accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0004003 of Axis Bank for its Mirchaibari Katihar branch located in Katihar, 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 Katihar and Katihar, 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 Mirchaibari Katihar or Katihar to get the exact IFSC Code UTIB0004003.

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 Katihar, you'll get the correct details.

How to Use IFSC Code UTIB0004003 for Online Transfers?

Once you have the IFSC Code UTIB0004003 for the Mirchaibari Katihar branch of Axis Bank in Katihar, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0004003. Transfers are processed in batches. This is suitable for 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 UTIB0004003.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Mirchaibari Katihar in Katihar may 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 Mirchaibari Katihar, 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 Katihar to handle online money transfers and get their cheques cleared smoothly.