IFSC Code of Axis Bank, Dasapalla, Dasapalla, Odisha- UTIB0004698

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 Dasapalla branch in Nayagarh, Dasapalla, Odisha, 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 Nayagarh or anywhere in Odisha can transfer funds instantly by using the correct IFSC Code UTIB0004698. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.

Details of IFSC Code for Axis Bank, Dasapalla, Nayagarh

Here are some of the key details that come with the IFSC Code UTIB0004698 of Axis Bank for its branch located in Nayagarh, within the district of Dasapalla in the state of Odisha.

These details help users in online banking and for businesses and individuals who use Axis Bank in Nayagarh for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004698 for the Dasapalla 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, along with Axis Bank located in Dasapalla, Nayagarh, Odisha, are given a unique IFSC like UTIB0004698 to ensure that online payments reach the right destination.

The IFSC Code is important because:

• It clearly tells which bank branch it is in Nayagarh.
• It helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It prevents any kind of confusion between different branches of the same bank in places like Nayagarh and Dasapalla.
• It reduces errors in fund transfers and improves accuracy.
• It helps the sender banks to validate and confirm branch details before processing payments.

It helps ensure that any money sent to Axis Bank in Dasapalla goes to the correct branch. This is important because Axis Bank has thousands of branches in Odisha and all over India, and the IFSC Code prevents payments from going to the wrong place.

Format of the IFSC Code UTIB0004698

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 Dasapalla in Nayagarh.

For example, the IFSC Code UTIB0004698 of Axis Bank for the Dasapalla branch has these elements, identifying the bank and the branch location in Nayagarh and Odisha correctly.

How to Find IFSC Code for Axis Bank?

If you are looking for the IFSC Code UTIB0004698 of Axis Bank for its Dasapalla branch located in Nayagarh, 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 Nayagarh and Dasapalla, 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 Dasapalla or Nayagarh to get the exact IFSC Code UTIB0004698.

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 Nayagarh, then it will provide you proper information.

How to Use IFSC Code UTIB0004698 for Online Transfers?

Once you have the IFSC Code UTIB0004698 for the Dasapalla branch of Axis Bank in Nayagarh, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0004698. 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 UTIB0004698.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Dasapalla in Nayagarh may result in delayed or failed transactions.

Finding the MICR Code

MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Dasapalla, you can find it by any of the following ways:

• Check the bottom of your cheque leaf.
• Go to the first page of your passbook.
• Visit the official Axis Bank website.
• Search the RBI portal.

Having both IFSC and MICR codes helps account holders in Nayagarh manage online transfers as well as cheque clearances with ease.