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 Batour branch in Panchkula, Barwala, Haryana, 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 Panchkula or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0001916. 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, Batour, Panchkula
Here are the key points that are associated with the IFSC Code UTIB0001916 of Axis Bank for its branch located in Panchkula, within the district of Barwala in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001916 |
| Branch | Batour |
| City | Panchkula |
| District | Barwala |
| State | Haryana |
| Address | Rana Complex,Khewat No. 15, Khatauni No. 21, Khasra No. 47//15/1(7-2), Hadbast No. 247, Village Batour, Po Barwala, Dist. Panchkula, Haryana,Pin 134118 |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Panchkula for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0001916 for the Batour 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 Batour, Panchkula, Haryana, are given a unique IFSC like UTIB0001916 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Panchkula.
- 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 Panchkula and Barwala.
- 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 Batour goes to the correct branch. This is important because Axis Bank has thousands of branches in Haryana and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0001916
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 Batour in Panchkula.
For example, the IFSC Code UTIB0001916 of Axis Bank for the Batour branch includes these elements, identifying the bank and the branch location in Panchkula and Haryana accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0001916 of Axis Bank for its Batour branch located in Panchkula, the following methods can help:
Cheque Book
The cheque books that are issued by Axis Bank include the IFSC Code which is printed on each cheque and you can easily spot the code on the top section.
Passbook
Most banks, including Axis Bank branches in Panchkula and Barwala, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
Visit the official website of Axis Bank and find the branch locator section. Search for Batour or Panchkula to get the exact IFSC Code UTIB0001916.
Mobile Banking App
If you use Axis Bank's mobile app, you can easily check your account details to find your branch's IFSC code.
RBI Website
The Reserve Bank of India maintains an updated database of all IFSC codes to help you in searching for Axis Bank and Panchkula that will provide accurate information.
How to Use IFSC Code UTIB0001916 for Online Transfers?
Once you have the IFSC Code UTIB0001916 for the Batour branch of Axis Bank in Panchkula, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0001916. 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 UTIB0001916.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Batour in Panchkula, your payment can get delayed or might not go through at all.
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 Batour, 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 Panchkula manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001916.
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 Rana Complex,Khewat No. 15, Khatauni No. 21, Khasra No. 47//15/1(7-2), Hadbast No. 247, Village Batour, Po Barwala, Dist. Panchkula, Haryana,Pin 134118 located in Panchkula, Barwala, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.