IFSC Code of Axis Bank, Shastri Nagar Bhubneswar, Bhubaneswar, Odisha- UTIB0003089

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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Shastri Nagar Bhubneswar branch in Khurda, Bhubaneswar, Odisha, then this guide will give you detailed information.

The banking system has evolved significantly in India, and today the customers of Axis Bank located in Khurda or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTIB0003089. 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, Shastri Nagar Bhubneswar, Khurda

Here are some of the key details that come with the IFSC Code UTIB0003089 of Axis Bank for its branch located in Khurda, within the district of Bhubaneswar in the state of Odisha.

These details help users in online banking and for businesses and individuals who use Axis Bank in Khurda for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003089 for the Shastri Nagar Bhubneswar branch of Axis Bank has a very 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 Shastri Nagar Bhubneswar, Khurda, Odisha, is provided with a unique IFSC like UTIB0003089 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It uniquely identifies the Axis Bank branch in Khurda.
• 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 Khurda and Bhubaneswar.
• 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 Odisha and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Shastri Nagar Bhubneswar do not get mixed with another location.

Format of the IFSC Code UTIB0003089

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Shastri Nagar Bhubneswar in Khurda.

For example, the IFSC Code UTIB0003089 of Axis Bank for the Shastri Nagar Bhubneswar branch includes these elements, identifying the bank and the branch location in Khurda and Odisha accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0003089 of Axis Bank for its Shastri Nagar Bhubneswar 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

Most banks, including Axis Bank branches in Khurda and Bhubaneswar, print the IFSC and MICR codes 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 Shastri Nagar Bhubneswar or Khurda to get the exact IFSC Code UTIB0003089.

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 UTIB0003089 for Online Transfers?

Once you have the IFSC Code UTIB0003089 for the Shastri Nagar Bhubneswar branch of Axis Bank in Khurda, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003089. Transfers are processed in batches. Suitable for personal and business payments.

RTGS

Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.

IMPS

Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0003089.

Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Shastri Nagar Bhubneswar in Khurda, it can 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 Shastri Nagar Bhubneswar, 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 Khurda to handle online money transfers and get their cheques cleared smoothly.