IFSC Code of Axis Bank, Panchkula Sector, Panchkula, Haryana- UTIB0004817

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 Panchkula Sector branch in Panchkula, Panchkula, Haryana, 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 Panchkula or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0004817. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, Panchkula Sector, Panchkula

Here are the main details that are associated with the IFSC Code UTIB0004817 of Axis Bank for its branch located in Panchkula, within the district of Panchkula in the state of Haryana.

These details are essential not only for online banking users but also for businesses and individuals who use Axis Bank in Panchkula for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0004817 for the Panchkula Sector branch of Axis Bank plays an 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 Panchkula Sector, Panchkula, Haryana, is provided a unique IFSC like UTIB0004817 so that their online payments reach the right place.

The IFSC Code is important because:

• It uniquely recognizes the Axis Bank branch in Panchkula.
• 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 Panchkula and Panchkula.
• 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 Haryana and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Panchkula Sector do not get misguided to another person.

Format of the IFSC Code UTIB0004817

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 Panchkula Sector in Panchkula.

For example, the IFSC Code UTIB0004817 of Axis Bank for the Panchkula Sector 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 UTIB0004817 of Axis Bank for its Panchkula Sector branch located in Panchkula, 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 Panchkula and Panchkula, 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 Panchkula Sector or Panchkula to get the exact IFSC Code UTIB0004817.

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 Panchkula, you'll get the correct details.

How to Use IFSC Code UTIB0004817 for Online Transfers?

Once you have the IFSC Code UTIB0004817 for the Panchkula Sector branch of Axis Bank in Panchkula, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0004817. 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 UTIB0004817.

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

Finding the MICR Code

MICR codes are used for cheque clearance and are very different from IFSC codes. If you are looking for the MICR code of Axis Bank in Panchkula Sector, here are some of the ways 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.

Knowing both IFSC and MICR code can help account holders in Panchkula manage their online transfers and cheque clearances easily.