IFSC Code of Axis Bank, Brahman Majra, Ludhiana, Punjab- UTIB0002475

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. Banks need the correct IFSC Code for NEFT, RTGS, or IMPS transfers to reach the right branch. If you are looking for the IFSC Code of Axis Bank for its Brahman Majra branch in Ludhiana, Ludhiana, or Punjab, this guide will help you with all the details.

There have been major changes in the banking sector in India and today, the customers of Axis Bank located in Ludhiana or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0002475. 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, Brahman Majra, Ludhiana

Below in the table are the key details related to IFSC Code UTIB0002475 of Axis Bank for its branch located in Ludhiana, within the district of Ludhiana in the state of Punjab.

These details helps users in online banking and for businesses and individuals who use Axis Bank in Ludhiana for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002475 for the Brahman Majra branch of Axis Bank plays a vital 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 Brahman Majra, Ludhiana, Punjab, is provided a unique IFSC like UTIB0002475 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Ludhiana.
• 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 Ludhiana and Ludhiana.
• 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 Punjab and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Brahman Majra do not get misguided to another person.

Format of the IFSC Code UTIB0002475

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 Brahman Majra in Ludhiana.

For example, the IFSC Code UTIB0002475 of Axis Bank for the Brahman Majra branch includes these elements, identifying the bank and the branch location in Ludhiana and Punjab accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0002475 of Axis Bank for its Brahman Majra branch located in Ludhiana, 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 Ludhiana and Ludhiana, 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 Brahman Majra or Ludhiana to get the exact IFSC Code UTIB0002475.

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 Ludhiana, you'll get the correct details.

How to Use IFSC Code UTIB0002475 for Online Transfers?

Once you have the IFSC Code UTIB0002475 for the Brahman Majra branch of Axis Bank in Ludhiana, you can initiate your fund transfers using any digital method:

NEFT

Add the beneficiary's name, account number, and IFSC Code UTIB0002475. 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 UTIB0002475.

No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Brahman Majra in Ludhiana, your payment can get delayed or might not go through at all.

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 Brahman Majra, 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 Ludhiana to handle online money transfers and get their cheques cleared smoothly.