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 Tibbi Majra branch in Panchkula, Raipur Rani, 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 UTIB0001917. 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, Tibbi Majra, Panchkula
Below in the table are the key details related to IFSC Code UTIB0001917 of Axis Bank for its branch located in Panchkula, within the district of Raipur Rani in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001917 |
| Branch | Tibbi Majra |
| City | Panchkula |
| District | Raipur Rani |
| State | Haryana |
| Address | Ground Floor, Khewat No. 75, Khatauni No 121, Khasra No. 14//10/1 (2-11), Hadbast No. 8, Village Tibbi Majra, Sub Tehsil Raipur Rani, Tehsil & District Panchkula Haryana , Pin 134204 |
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 UTIB0001917 for the Tibbi Majra branch of Axis Bank plays an 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, including Axis Bank located in Tibbi Majra, Panchkula, Haryana, is provided with a unique IFSC like UTIB0001917 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Panchkula.
- 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 Panchkula and Raipur Rani.
- 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 Haryana and the rest of India and the IFSC Code ensures that transactions meant for Axis Bank in Tibbi Majra do not get mixed with another location.
Format of the IFSC Code UTIB0001917
The format of the IFSC Code for banks, including Axis Bank, has 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 Tibbi Majra in Panchkula.
For example, the IFSC Code UTIB0001917 of Axis Bank for the Tibbi Majra branch includes these elements, identifying the bank and the branch location in Panchkula and Haryana correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0001917 of Axis Bank for its Tibbi Majra 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
Most banks, including Axis Bank branches in Panchkula and Raipur Rani, 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 Tibbi Majra or Panchkula to get the exact IFSC Code UTIB0001917.
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 UTIB0001917 for Online Transfers?
Once you have the IFSC Code UTIB0001917 for the Tibbi Majra branch of Axis Bank in Panchkula, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001917. Transfers are processed in batches. Suitable for personal and business payments.
RTGS
Used for payments above ₹2 lakh. Real-time settlement using the IFSC Code of the recipient branch.
IMPS
Instant 24×7 transfers. You need the recipient's account details and Axis Bank IFSC Code UTIB0001917.
Whatever method you choose, the accuracy of the IFSC Code is highly important. If there is any mistake in entering the IFSC Code for Axis Bank Tibbi Majra in Panchkula, it can result in delayed or failed transactions.
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 Tibbi Majra, here are some ways that 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.
If you know both IFSC and MICR codes, then it can help account holders in Panchkula manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0001917.
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 Ground Floor, Khewat No. 75, Khatauni No 121, Khasra No. 14//10/1 (2-11), Hadbast No. 8, Village Tibbi Majra, Sub Tehsil Raipur Rani, Tehsil & District Panchkula Haryana , Pin 134204 located in Panchkula, Raipur Rani, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.