IFSC Code of Axis Bank, Keonjhar -Orissa, Keonjhar, Odisha — UTIB0000700

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 Keonjhar -Orissa branch in Keonjhar, Keonjhar, Odisha, 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 Keonjhar or anywhere in Odisha can easily transfer funds instantly by using the correct IFSC Code UTIB0000700. 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, Keonjhar -Orissa, Keonjhar

Here are some of the key details that come with the IFSC Code UTIB0000700 of Axis Bank for its branch located in Keonjhar, within the district of Keonjhar in the state of Odisha.

These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Keonjhar for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0000700 for the Keonjhar -Orissa 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 UTIB0000700 is given to every bank branch, including Axis Bank located in Keonjhar -Orissa, Keonjhar, Odisha, to make sure that online payments reach the right place.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Keonjhar.
• 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 Keonjhar and Keonjhar.
• 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 Odisha and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Keonjhar -Orissa doesn't end up at another location.

Format of the IFSC Code UTIB0000700

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): 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 Keonjhar -Orissa in Keonjhar.

For example, the IFSC Code UTIB0000700 of Axis Bank for the Keonjhar -Orissa branch includes these elements, identifying the bank and the branch location in Keonjhar and Odisha accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0000700 of Axis Bank for its Keonjhar -Orissa branch located in Keonjhar, 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 Keonjhar and Keonjhar, 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 Keonjhar -Orissa or Keonjhar to get the exact IFSC Code UTIB0000700.

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 Keonjhar, you'll get the correct details.

How to Use IFSC Code UTIB0000700 for Online Transfers?

Once you have the IFSC Code UTIB0000700 for the Keonjhar -Orissa branch of Axis Bank in Keonjhar, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0000700. The transfer is completed in batches. It is useful for both personal and business payments.

RTGS

Used for payments over ₹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 UTIB0000700.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Keonjhar -Orissa in Keonjhar, 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 Keonjhar -Orissa, 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 Keonjhar manage online transfers as well as cheque clearances with ease.