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 Sampur branch in Khurda, Khandagiri, Odisha, 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 Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTIB0002502. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Sampur, Khurda
Here are some of the key details that come with the IFSC Code UTIB0002502 of Axis Bank for its branch located in Khurda, within the district of Khandagiri in the state of Odisha.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002502 |
| Branch | Sampur |
| City | Khurda |
| District | Khandagiri |
| State | Odisha |
| Address | Plot No 799 By 1340,Sampur,Bhubaneswar,Po Ghatikia,Distkhurda,Ps Khandagiri,Orissa,751003 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Khurda for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002502 for the Sampur branch of Axis Bank has 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 Sampur, Khurda, Odisha, are allotted a unique IFSC like UTIB0002502 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Khurda.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Khurda and Khandagiri.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in Sampur reaches the right place, even though there are thousands of branches in Odisha and across India.
Format of the IFSC Code UTIB0002502
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 Sampur in Khurda.
For example, the IFSC Code UTIB0002502 of Axis Bank for the Sampur branch includes these elements, identifying the bank and the branch location in Khurda and Odisha correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002502 of Axis Bank for its Sampur branch located in Khurda, 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 Khurda and Khandagiri, 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 Sampur or Khurda to get the exact IFSC Code UTIB0002502.
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 Khurda, you'll get the correct details.
How to Use IFSC Code UTIB0002502 for Online Transfers?
Once you have the IFSC Code UTIB0002502 for the Sampur branch of Axis Bank in Khurda, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0002502. 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 UTIB0002502.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Sampur in Khurda, 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 Sampur, 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 Khurda manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002502.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Plot No 799 By 1340,Sampur,Bhubaneswar,Po Ghatikia,Distkhurda,Ps Khandagiri,Orissa,751003 located in Khurda, Khandagiri, Odisha.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
