IFSC Code of Axis Bank, Kolasib, Kolasib, Mizoram- UTIB0004730

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 Kolasib branch in Kolasib, Kolasib, Mizoram, 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 Kolasib or anywhere in Mizoram can transfer funds instantly by using the correct IFSC Code UTIB0004730. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Kolasib, Kolasib

Here are the key points that are associated with the IFSC Code UTIB0004730 of Axis Bank for its branch located in Kolasib, within the district of Kolasib in the state of Mizoram.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Kolasib for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004730 for the Kolasib branch of Axis Bank plays a vital 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 Kolasib, Kolasib, Mizoram, are given a unique IFSC like UTIB0004730 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Kolasib.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Kolasib and Kolasib.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Axis Bank in Kolasib goes to the correct branch. This is important because Axis Bank has thousands of branches in Mizoram and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0004730

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 Kolasib in Kolasib.

For example, the IFSC Code UTIB0004730 of Axis Bank for the Kolasib branch includes these elements, identifying the bank and the branch location in Kolasib and Mizoram correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0004730 of Axis Bank for its Kolasib branch located in Kolasib, the following methods can help:

Cheque Book

The cheque book that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.

Passbook

Most of the banks, including Axis Bank branches in Kolasib and Kolasib, print the IFSC and MICR codes on the first page of the passbook.

Bank Website

You can visit the official website of Axis Bank and look for the branch locator section, then search for Kolasib or Kolasib to get the exact IFSC Code UTIB0004730.

Mobile Banking App

If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.

RBI Website

The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Kolasib, then it will provide you proper information.

How to Use IFSC Code UTIB0004730 for Online Transfers?

Once you have the IFSC Code UTIB0004730 for the Kolasib branch of Axis Bank in Kolasib, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0004730. 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 UTIB0004730.

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