For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, in case you are searching for the IFSC Code of Axis Bank for its Sports Goods Complex, Meerut branch in Meerut, Meerut, Uttar Pradesh, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly over the years, and today customers of Axis Bank located in Meerut or anywhere in Uttar Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0001998. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Sports Goods Complex, Meerut, Meerut
The table below shows the main details of the IFSC Code UTIB0001998 for the Axis Bank branch in Meerut, which falls under the Meerut district in Uttar Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001998 |
| Branch | Sports Goods Complex, Meerut |
| City | Meerut |
| District | Meerut |
| State | Uttar Pradesh |
| Address | Ground & First Floor,Plot No.B4, Pocket B,Sports Goods Complex, Major Dhyanchand Nagar Yojna,Meerut, Uttar Pradesh,Pin 250002 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Meerut for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001998 for the Sports Goods Complex, Meerut branch of Axis Bank plays a vital 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 Sports Goods Complex, Meerut, Meerut, Uttar Pradesh, are allotted a unique IFSC like UTIB0001998 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Meerut.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Meerut and Meerut.
- 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 Sports Goods Complex, Meerut reaches the right place, even though there are thousands of branches in Uttar Pradesh and across India.
Format of the IFSC Code UTIB0001998
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Sports Goods Complex, Meerut in Meerut.
For example, the IFSC Code UTIB0001998 of Axis Bank for the Sports Goods Complex, Meerut branch includes these elements, identifying the bank and the branch location in Meerut and Uttar Pradesh accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0001998 of Axis Bank for its Sports Goods Complex, Meerut branch located in Meerut, 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 Meerut and Meerut, 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 Sports Goods Complex, Meerut or Meerut to get the exact IFSC Code UTIB0001998.
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 Meerut, then it will provide you proper information.
How to Use IFSC Code UTIB0001998 for Online Transfers?
Once you have the IFSC Code UTIB0001998 for the Sports Goods Complex, Meerut branch of Axis Bank in Meerut, you can initiate your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001998. Transfers are processed in batches. This is 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. Requires the recipient's account details and Axis Bank IFSC Code UTIB0001998.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Sports Goods Complex, Meerut in Meerut may result in delayed or failed transactions.
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 Sports Goods Complex, Meerut, 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 Meerut manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001998.
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 Ground & First Floor,Plot No.B4, Pocket B,Sports Goods Complex, Major Dhyanchand Nagar Yojna,Meerut, Uttar Pradesh,Pin 250002 located in Meerut, Meerut, Uttar Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.