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 The Panipat Central Cooperative Bank Ltd branch in Panipat, Panipat, 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 Panipat or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0PCCB01. 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, The Panipat Central Cooperative Bank Ltd, Panipat
Here are the key points that are associated with the IFSC Code UTIB0PCCB01 of Axis Bank for its branch located in Panipat, within the district of Panipat in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0PCCB01 |
| Branch | The Panipat Central Cooperative Bank Ltd |
| City | Panipat |
| District | Panipat |
| State | Haryana |
| Address | Gohana Road, Near Over Bridge Sugar Mill Colony, Panipat |
These details helps users in online banking and for businesses and individuals who use Axis Bank in Panipat for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0PCCB01 for the The Panipat Central Cooperative Bank Ltd 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 that is provided by the Reserve Bank of India. A unique IFSC like UTIB0PCCB01 is given to every bank branch, including Axis Bank located in The Panipat Central Cooperative Bank Ltd, Panipat, Haryana, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Panipat.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any kind of confusion between multiple branches of the same bank across different places like Panipat and Panipat.
- It removes errors in fund transfers and improves accuracy.
- It lets the sender banks validate and confirm branch details before they process the payments.
There are thousands of branches across Haryana and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in The Panipat Central Cooperative Bank Ltd doesn't end up at another location.
Format of the IFSC Code UTIB0PCCB01
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 The Panipat Central Cooperative Bank Ltd in Panipat.
For example, the IFSC Code UTIB0PCCB01 of Axis Bank for the The Panipat Central Cooperative Bank Ltd branch includes these elements, identifying the bank and the branch location in Panipat and Haryana correctly.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0PCCB01 of Axis Bank for its The Panipat Central Cooperative Bank Ltd branch located in Panipat, 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 Panipat and Panipat, 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 The Panipat Central Cooperative Bank Ltd or Panipat to get the exact IFSC Code UTIB0PCCB01.
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 Panipat that will provide accurate information.
How to Use IFSC Code UTIB0PCCB01 for Online Transfers?
Once you have the IFSC Code UTIB0PCCB01 for the The Panipat Central Cooperative Bank Ltd branch of Axis Bank in Panipat, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0PCCB01. 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 UTIB0PCCB01.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank The Panipat Central Cooperative Bank Ltd in Panipat, your payment can get delayed or might not go through at all.
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 The Panipat Central Cooperative Bank Ltd, here are some ways to obtain 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.
Having both the IFSC and MICR codes makes it easy for account holders in Panipat to handle online money transfers and get their cheques cleared smoothly.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0PCCB01.
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 Gohana Road, Near Over Bridge Sugar Mill Colony, Panipat located in Panipat, Panipat, Haryana.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.