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 Cheeda branch in Moga, Rode, Punjab, 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 Moga or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0002100. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Cheeda, Moga
Here are some of the key details that come with the IFSC Code UTIB0002100 of Axis Bank for its branch located in Moga, within the district of Rode in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002100 |
| Branch | Cheeda |
| City | Moga |
| District | Rode |
| State | Punjab |
| Address | Ground Floor, Khewat No.321, Khasra No.55/23, Khatauni No.498, Vill & Post.Cheeda, Tehsil.Baghapurana, Dist. Moga, Punjab, Pin 142049 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Moga for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002100 for the Cheeda branch of Axis Bank has a very important 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, including Axis Bank located in Cheeda, Moga, Punjab, is provided with a unique IFSC like UTIB0002100 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Moga.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any errors or confusions between multiple branches of the same bank across different places like Moga and Rode.
- It reduces errors in fund transfers and improves accuracy.
- It allows sender banks to validate and confirm branch details before processing payments.
There are thousands of branches across Punjab and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Cheeda do not get mixed with another location.
Format of the IFSC Code UTIB0002100
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): 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 Cheeda in Moga.
For example, the IFSC Code UTIB0002100 of Axis Bank for the Cheeda branch includes these elements, identifying the bank and the branch location in Moga and Punjab accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0002100 of Axis Bank for its Cheeda branch located in Moga, 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
Most banks, including Axis Bank branches in Moga and Rode, print the IFSC and MICR codes 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 Cheeda or Moga to get the exact IFSC Code UTIB0002100.
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 Moga, you'll get the correct details.
How to Use IFSC Code UTIB0002100 for Online Transfers?
If you have the IFSC Code UTIB0002100 for the Cheeda branch of Axis Bank in Moga, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0002100. 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 UTIB0002100.
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 Cheeda in Moga, 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 Cheeda, 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 Moga manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0002100.
Yes, but it can change if the bank merges or goes through restructuring.
No. MICR is for cheque clearing; IFSC is for online transfers.
You can find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Khewat No.321, Khasra No.55/23, Khatauni No.498, Vill & Post.Cheeda, Tehsil.Baghapurana, Dist. Moga, Punjab, Pin 142049 located in Moga, Rode, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.