For digital banking and online financial transactions in India, one essential element that makes sure of a seamless and accurate fund transfers is the IFSC Code. If you are sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to route your payment to the right branch. And so, 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, this comprehensive guide will provide you with detailed information.
The banking system in India has changed significantly 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 UTIB0SPUC09. Knowing how the IFSC Code works can help 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 UTIB0SPUC09 for the Axis Bank branch in Panipat, which falls under the Panipat district in Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0SPUC09 |
| Branch | The Panipat Urban Co Op Bank Ltd |
| City | Panipat |
| District | Panipat |
| State | Haryana |
| Address | New Anaj Mandi Branch,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 UTIB0SPUC09 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 given a unique IFSC like UTIB0SPUC09 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 any kind of 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 helps ensure that any money sent to Axis Bank in The Panipat Urban Co Op Bank Ltd goes to the correct branch. This is important because Axis Bank has thousands of branches in Haryana and all over India, and the IFSC Code prevents payments from going to the wrong place.
Format of the IFSC Code UTIB0SPUC09
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 The Panipat Urban Co Op Bank Ltd in Panipat.
For example, the IFSC Code UTIB0SPUC09 of Axis Bank for the The Panipat Urban Co Op Bank Ltd branch includes these elements, identifying the bank and the branch location in Panipat and Haryana accurately.
How to Find IFSC Code for Axis Bank?
If you are looking for the IFSC Code UTIB0SPUC09 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 that is issued by Axis Bank includes the IFSC Code printed on each cheque leaf. You can easily spot the code at the top section.
Passbook
Most of the banks, including Axis Bank branches in Panipat and Panipat, print the IFSC and MICR codes on the first page of the passbook.
Bank Website
You can visit the official website of Axis Bank and look for the branch locator section, then search for The Panipat Urban Co Op Bank Ltd or Panipat to get the exact IFSC Code UTIB0SPUC09.
Mobile Banking App
If you use Axis Bank's mobile app, you can check your account details to easily find your branch's IFSC code.
RBI Website
The Reserve Bank of India has an updated database of all IFSC codes and if you are searching for Axis Bank and Panipat, then it will provide you proper information.
How to Use IFSC Code UTIB0SPUC09 for Online Transfers?
Once you have the IFSC Code UTIB0SPUC09 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 beneficiary details including the name, account number, and IFSC Code UTIB0SPUC09. 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 UTIB0SPUC09.
Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank The Panipat Urban Co Op Bank Ltd in Panipat may 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 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 UTIB0SPUC09.
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 New Anaj Mandi Branch,Panipat, Pin Code _X0013_ 132103.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.