There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its The Panipat Urban Co Op Bank Ltd branch in Panipat, Panipat, Haryana, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Axis Bank situated in Panipat or anywhere in Haryana can easily transfer funds instantly by using the correct IFSC Code UTIB0SPUC06. You should 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 Urban Co Op Bank Ltd, Panipat
The table below shows the main details of the IFSC Code UTIB0SPUC06 for the Axis Bank branch in Panipat, which falls under the Panipat district in Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SPUC06 |
| Branch | The Panipat Urban Co Op Bank Ltd |
| City | Panipat |
| District | Panipat |
| State | Haryana |
| Address | Veer Bhawan Chowk,Panipat, Pin Code _X0013_ 132103 |
These details are important not only for users using online banking but also for businesses and individuals who use Axis Bank in Panipat for everyday financial transactions. If you are depositing money, sending payments, or managing any commercial transfers, the IFSC Code UTIB0SPUC06 for the The Panipat Urban Co Op Bank Ltd branch of Axis Bank is vital.
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 The Panipat Urban Co Op Bank Ltd, Panipat, Haryana, are allotted a unique IFSC like UTIB0SPUC06 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Panipat.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Panipat and Panipat.
- It reduces errors in fund transfers and improves accuracy.
- It helps the sender banks to validate and confirm branch details before processing payments.
It makes sure that money sent to Axis Bank in The Panipat Urban Co Op Bank Ltd reaches the right place, even though there are thousands of branches in Haryana and across India.
Format of the IFSC Code UTIB0SPUC06
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): These represent the bank code. In Axis Bank, they are a short identifier for the bank.
- 5th character (0): This is always zero and is reserved for future use.
- Last 6 characters (CCCCCC): These are what represent the specific branch code which is assigned to branches like The Panipat Urban Co Op Bank Ltd in Panipat.
For example, the IFSC Code UTIB0SPUC06 of Axis Bank for the The Panipat Urban Co Op Bank Ltd branch has these elements, identifying the bank and the branch location in Panipat and Haryana correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0SPUC06 of Axis Bank for its The Panipat Urban Co Op Bank Ltd branch located in Panipat, the following methods can help you out:
Cheque Book
The cheque book issued by Axis Bank includes the IFSC Code printed on each cheque leaf. 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 go to the branch locator section. Then search for The Panipat Urban Co Op Bank Ltd or Panipat to find the exact IFSC Code UTIB0SPUC06.
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 maintains an updated database of all IFSC codes. Searching for Axis Bank and Panipat will provide accurate information.
How to Use IFSC Code UTIB0SPUC06 for Online Transfers?
Once you have the IFSC Code UTIB0SPUC06 for the The Panipat Urban Co Op 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 UTIB0SPUC06. 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 UTIB0SPUC06.
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 Urban Co Op 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 Urban Co Op Bank Ltd, 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 Panipat manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code of the The Panipat Urban Co Op Bank Ltd Panipat branch is UTIB0SPUC06.
Yes, the IFSC Code remains the same unless the bank undergoes a merger or restructuring.
No. IFSC is used for online fund transfers, while MICR is used for cheque processing and clearance.
You can find it on cheque books, passbooks, bank websites, mobile banking apps, and the RBI website.
The branch is located at Veer Bhawan Chowk,Panipat, Pin Code _X0013_ 132103.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.