The IFSC Code is a very important number used in India for digital banking and online money transfers that ensures seamless and accurate fund transfers. In case you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code to route your payment to the right branch. If you are searching for the IFSC Code of Axis Bank for its Pandri branch in Koriya, Pandri, Uttarakhand, this complete guide will provide you with detailed information.
The banking system in India has changed over the years, and today customers of Axis Bank located in Koriya or anywhere in Uttarakhand can transfer funds instantly by using the correct IFSC Code UTIB0000507. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Pandri, Koriya
Below in the table are the key details related to IFSC Code UTIB0000507 of Axis Bank for its branch located in Koriya, within the district of Pandri in the state of Uttarakhand.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0000507 |
| Branch | Pandri |
| City | Koriya |
| District | Pandri |
| State | Uttarakhand |
| Address | Khasra No. 151/1 (Khata No 230), Sitarganj Road, Pandri 262 405, ,Uttarakhand,262405 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Koriya for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0000507 for the Pandri branch of Axis Bank is vital.
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 Pandri, Koriya, Uttarakhand, are allotted a unique IFSC like UTIB0000507 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Koriya.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Koriya and Pandri.
- 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 Pandri reaches the right place, even though there are thousands of branches in Uttarakhand and across India.
Format of the IFSC Code UTIB0000507
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 Pandri in Koriya.
For example, the IFSC Code UTIB0000507 of Axis Bank for the Pandri branch includes these elements, identifying the bank and the branch location in Koriya and Uttarakhand correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0000507 of Axis Bank for its Pandri branch located in Koriya, 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 Koriya and Pandri, 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 Pandri or Koriya to get the exact IFSC Code UTIB0000507.
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 Koriya, then it will provide you proper information.
How to Use IFSC Code UTIB0000507 for Online Transfers?
Once you have the IFSC Code UTIB0000507 for the Pandri branch of Axis Bank in Koriya, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0000507. 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 UTIB0000507.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Pandri in Koriya, your payment can get delayed or might not go through at all.
Finding the MICR Code
MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Pandri, here are some of the ways you can get 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.
Knowing both IFSC and MICR code can help account holders in Koriya manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0000507.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Khasra No. 151/1 (Khata No 230), Sitarganj Road, Pandri 262 405, ,Uttarakhand,262405 located in Koriya, Pandri, Uttarakhand.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.