IFSC Code of Axis Bank, The Panipat Urban Co Op Bank Ltd, Panipat, Haryana- UTIB0SPUC08

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 The Panipat Urban Co Op Bank Ltd branch in Panipat, Panipat, 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 Panipat or anywhere in Haryana can transfer funds instantly by using the correct IFSC Code UTIB0SPUC08. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.

Details of IFSC Code for Axis Bank, The Panipat Urban Co Op Bank Ltd, Panipat

Here are some of the key details that come with the IFSC Code UTIB0SPUC08 of Axis Bank for its branch located in Panipat, within the district of Panipat 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 Panipat for day-to-day financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0SPUC08 for the The Panipat Urban Co Op Bank Ltd 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 The Panipat Urban Co Op Bank Ltd, Panipat, Haryana, is provided with a unique IFSC like UTIB0SPUC08 to ensure that online payments reach the right destination.

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 errors or confusions between multiple branches of the same bank across different places like Panipat and Panipat.
• 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 The Panipat Urban Co Op Bank Ltd do not get mixed with another location.

Format of the IFSC Code UTIB0SPUC08

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 UTIB0SPUC08 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?

If you are trying to find the IFSC Code UTIB0SPUC08 of Axis Bank for its The Panipat Urban Co Op Bank Ltd branch located in Panipat, 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 Panipat and Panipat, 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 The Panipat Urban Co Op Bank Ltd or Panipat to get the exact IFSC Code UTIB0SPUC08.

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 Panipat, you'll get the correct details.

How to Use IFSC Code UTIB0SPUC08 for Online Transfers?

Once you have the IFSC Code UTIB0SPUC08 for the The Panipat Urban Co Op Bank Ltd branch of Axis Bank in Panipat, you can start with your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0SPUC08. 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 UTIB0SPUC08.

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 The Panipat Urban Co Op Bank Ltd in Panipat, it can 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 The Panipat Urban Co Op Bank Ltd, 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 Panipat manage their online transfers and cheque clearances easily.