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. No matter, if you are sending money through NEFT, RTGS, or IMPS, the bank requires you to enter the correct IFSC Code so that your payment goes to the right branch. And if you are searching for the IFSC Code of Axis Bank for its Farakka branch in Murshidabad, Farakka, West Bengal, then this guide will give you detailed information.
The banking system has evolved significantly in India, and today the customers of Axis Bank located in Murshidabad or anywhere in West Bengal can transfer funds instantly by using the correct IFSC Code UTIB0001871. 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, Farakka, Murshidabad
Below in the table are the key details related to IFSC Code UTIB0001871 of Axis Bank for its branch located in Murshidabad, within the district of Farakka in the state of West Bengal.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001871 |
| Branch | Farakka |
| City | Murshidabad |
| District | Farakka |
| State | West Bengal |
| Address | Ntpc More, P.O Nabarun, P.S Farakka,Murshidabad, Wb -742236 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Murshidabad for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001871 for the Farakka 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, including Axis Bank located in Farakka, Murshidabad, West Bengal, is provided with a unique IFSC like UTIB0001871 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Murshidabad.
- 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 Murshidabad and Farakka.
- 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 West Bengal and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Farakka do not get mixed with another location.
Format of the IFSC Code UTIB0001871
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 Farakka in Murshidabad.
For example, the IFSC Code UTIB0001871 of Axis Bank for the Farakka branch includes these elements, identifying the bank and the branch location in Murshidabad and West Bengal accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0001871 of Axis Bank for its Farakka branch located in Murshidabad, 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 Murshidabad and Farakka, 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 Farakka or Murshidabad to get the exact IFSC Code UTIB0001871.
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 Murshidabad, you'll get the correct details.
How to Use IFSC Code UTIB0001871 for Online Transfers?
Once you have the IFSC Code UTIB0001871 for the Farakka branch of Axis Bank in Murshidabad, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0001871. The transfer is completed in batches. It is useful for both personal and business payments.
RTGS
Used for payments over ₹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 UTIB0001871.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Farakka in Murshidabad, 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 Farakka, 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 Murshidabad to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001871.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ntpc More, P.O Nabarun, P.S Farakka,Murshidabad, Wb -742236 located in Murshidabad, Farakka, West Bengal.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
