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 Mango branch in Mango, Mango, Jharkhand, 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 Mango or anywhere in Jharkhand can easily transfer funds instantly by using the correct IFSC Code UTIB0001775. 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, Mango, Mango
The table below shows the main details of the IFSC Code UTIB0001775 for the Axis Bank branch in Mango, which falls under the Mango district in Jharkhand.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001775 |
| Branch | Mango |
| City | Mango |
| District | Mango |
| State | Jharkhand |
| Address | Sankusai Premises, Dimna Road, Mango, Jamshedpur, Dist. Purbi Singhbum, Jharkhand, Pin 831018 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Mango for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001775 for the Mango 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0001775 is given to every bank branch, including Axis Bank located in Mango, Mango, Jharkhand, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Mango.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Mango and Mango.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Jharkhand and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Mango doesn't end up at another location.
Format of the IFSC Code UTIB0001775
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown:
- First 4 characters (AAAA): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like Mango in Mango.
For example, the IFSC Code UTIB0001775 of Axis Bank for the Mango branch has these elements, identifying the bank and the branch location in Mango and Jharkhand correctly.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0001775 of Axis Bank for its Mango branch located in Mango, 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 Mango and Mango, 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 Mango or Mango to get the exact IFSC Code UTIB0001775.
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 Mango, then it will provide you proper information.
How to Use IFSC Code UTIB0001775 for Online Transfers?
Once you have the IFSC Code UTIB0001775 for the Mango branch of Axis Bank in Mango, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0001775. 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 UTIB0001775.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Mango in Mango, 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 Mango, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Mango manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the Mango Mango branch is UTIB0001775.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Sankusai Premises, Dimna Road, Mango, Jamshedpur, Dist. Purbi Singhbum, Jharkhand, Pin 831018.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
