IFSC Code of Axis Bank, Baraon, Baraon, Jharkhand- UTIB0003535

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 Baraon branch in Palamu, Baraon, Jharkhand, 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 Palamu or anywhere in Jharkhand can transfer funds instantly by using the correct IFSC Code UTIB0003535. 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, Baraon, Palamu

Below in the table are the key details related to IFSC Code UTIB0003535 of Axis Bank for its branch located in Palamu, within the district of Baraon in the state of Jharkhand.

These details help users in online banking and for businesses and individuals who use Axis Bank in Palamu for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003535 for the Baraon 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, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Baraon, Palamu, Jharkhand, is provided a unique IFSC like UTIB0003535 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Palamu.
• Helps NEFT, RTGS, and IMPS systems route the transfer securely.
• It avoids any confusions between multiple branches of the same bank across different places like Palamu and Baraon.
• It reduces most of the errors in fund transfers and makes sure its accuracy.
• It enables sender banks to validate and confirm branch details before processing payments.

For thousands of branches across Jharkhand and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Baraon do not get misguided to another person.

Format of the IFSC Code UTIB0003535

This is the format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:

AAAA0CCCCCC

Here's the explanation:

• First 4 characters (AAAA): This is the bank code. For Axis Bank, these characters are the bank's short identifier.
• 5th character (0): This stays zero till there is any future use.
• Last 6 characters (CCCCCC): These are specific branch code assigned to branches such as Baraon in Palamu.

For example, the IFSC Code UTIB0003535 of Axis Bank for the Baraon branch includes these elements, identifying the bank and the branch location in Palamu and Jharkhand accurately.

How to Find IFSC Code for Axis Bank?

If you are trying to find the IFSC Code UTIB0003535 of Axis Bank for its Baraon branch located in Palamu, 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

You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Palamu and Baraon, print them 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 Baraon or Palamu to get the exact IFSC Code UTIB0003535.

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 Palamu, you'll get the correct details.

How to Use IFSC Code UTIB0003535 for Online Transfers?

If you have the IFSC Code UTIB0003535 for the Baraon branch of Axis Bank in Palamu, you can easily go ahead with fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0003535. 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 UTIB0003535.

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 Baraon in Palamu, it 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 Baraon, 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 Palamu manage online transfers as well as cheque clearances with ease.