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 Bakultala branch in Kolkata, Kolkata, West Bengal, 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 Kolkata or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code UTIB0005442. 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, Bakultala, Kolkata
Here are the key points that are associated with the IFSC Code UTIB0005442 of Axis Bank for its branch located in Kolkata, within the district of Kolkata in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005442 |
| Branch | Bakultala |
| City | Kolkata |
| District | Kolkata |
| State | West Bengal |
| Address | Ground And First Floor 32 Biren Roy Road Opp Bidya Bharati School Po Sarsuna Ps Parnasree |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Kolkata for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005442 for the Bakultala 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 Bakultala, Kolkata, West Bengal, are allotted a unique IFSC like UTIB0005442 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Kolkata.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Kolkata and Kolkata.
- 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 Bakultala reaches the right place, even though there are thousands of branches in West Bengal and across India.
Format of the IFSC Code UTIB0005442
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 Bakultala in Kolkata.
For example, the IFSC Code UTIB0005442 of Axis Bank for the Bakultala branch includes these elements, identifying the bank and the branch location in Kolkata and West Bengal accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0005442 of Axis Bank for its Bakultala branch located in Kolkata, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Kolkata and Kolkata, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and go to the branch locator section. Then search for Bakultala or Kolkata to find the exact IFSC Code UTIB0005442.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Kolkata will provide accurate information.
How to Use IFSC Code UTIB0005442 for Online Transfers?
Once you have the IFSC Code UTIB0005442 for the Bakultala branch of Axis Bank in Kolkata, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0005442. 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 UTIB0005442.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Bakultala in Kolkata, 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 Bakultala, 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 Kolkata manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005442.
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 Ground And First Floor 32 Biren Roy Road Opp Bidya Bharati School Po Sarsuna Ps Parnasree located in Kolkata, Kolkata, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
