IFSC Code of Axis Bank, Park Circus, Kolkata, West Bengal- UTIB0002082

There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Park Circus branch in Kolkata, Kolkata, West Bengal, then this comprehensive guide will provide you with detailed information.

The banking system in India has changed over time, and today the customers of Axis Bank situated in Kolkata or anywhere in West Bengal can easily transfer funds instantly by using the correct IFSC Code UTIB0002082. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Park Circus, Kolkata

Here are some of the key details that come with the IFSC Code UTIB0002082 of Axis Bank for its branch located in Kolkata, within the district of Kolkata in the state of West Bengal.

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 UTIB0002082 for the Park Circus branch of Axis Bank has an important role.

What Is IFSC Code and Why Is It Important?

IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Park Circus, Kolkata, West Bengal, is provided a unique IFSC like UTIB0002082 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Kolkata.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Kolkata and Kolkata.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across West Bengal and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Park Circus do not get misguided to another person.

Format of the IFSC Code UTIB0002082

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 Park Circus in Kolkata.

For example, the IFSC Code UTIB0002082 of Axis Bank for the Park Circus branch includes these elements, identifying the bank and the branch location in Kolkata and West Bengal correctly.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002082 of Axis Bank for its Park Circus branch located in Kolkata, 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 Kolkata and Kolkata, 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 Park Circus or Kolkata to get the exact IFSC Code UTIB0002082.

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 Kolkata, you'll get the correct details.

How to Use IFSC Code UTIB0002082 for Online Transfers?

If you have the IFSC Code UTIB0002082 for the Park Circus branch of Axis Bank in Kolkata, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002082. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0002082.

Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Park Circus in Kolkata, it 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 Park Circus, 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 Kolkata to handle online money transfers and get their cheques cleared smoothly.