IFSC Code of Axis Bank, Jhumri Telaiya, Jhumri Telaiya, Jharkhand- UTIB0003800

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 Jhumri Telaiya branch in Koderma, Jhumri Telaiya, Jharkhand, 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 Koderma or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UTIB0003800. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Jhumri Telaiya, Koderma

Here are some of the key details that come with the IFSC Code UTIB0003800 of Axis Bank for its branch located in Koderma, within the district of Jhumri Telaiya in the state of Jharkhand.

These details help users in online banking and for businesses and individuals who use Axis Bank in Koderma for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003800 for the Jhumri Telaiya 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0003800 is given to every bank branch, including Axis Bank located in Jhumri Telaiya, Koderma, Jharkhand, to make sure that online payments reach the right place.

The IFSC Code is important because:

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

Format of the IFSC Code UTIB0003800

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 Jhumri Telaiya in Koderma.

For example, the IFSC Code UTIB0003800 of Axis Bank for the Jhumri Telaiya branch includes these elements, identifying the bank and the branch location in Koderma and Jharkhand correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0003800 of Axis Bank for its Jhumri Telaiya branch located in Koderma, 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 Koderma and Jhumri Telaiya, 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 Jhumri Telaiya or Koderma to get the exact IFSC Code UTIB0003800.

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 Koderma, you'll get the correct details.

How to Use IFSC Code UTIB0003800 for Online Transfers?

Once you have the IFSC Code UTIB0003800 for the Jhumri Telaiya branch of Axis Bank in Koderma, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0003800. 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 UTIB0003800.

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