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 Ujha branch in Panipat, Bapoli, 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 UTIB0002221. Knowing how the IFSC Code works can help you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Ujha, Panipat
Here are the key points that are associated with the IFSC Code UTIB0002221 of Axis Bank for its branch located in Panipat, within the district of Bapoli in the state of Haryana.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0002221 |
| Branch | Ujha |
| City | Panipat |
| District | Bapoli |
| State | Haryana |
| Address | Ground Floor, Khewat No.513, Khatoni No.653, Rect. No.10, 11, 21, 22, Killa No.15/2(2-5), Village Ujha, Sub Tehsil Bapoli, Dist. Panipat, Haryana, Pin 132103 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Panipat for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0002221 for the Ujha branch of Axis Bank has an important 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 UTIB0002221 is given to every bank branch, including Axis Bank located in Ujha, 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 Bapoli.
- 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 Ujha doesn't end up at another location.
Format of the IFSC Code UTIB0002221
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): 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 Ujha in Panipat.
For example, the IFSC Code UTIB0002221 of Axis Bank for the Ujha branch includes these elements, identifying the bank and the branch location in Panipat and Haryana accurately.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0002221 of Axis Bank for its Ujha 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 Bapoli, 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 Ujha or Panipat to find the exact IFSC Code UTIB0002221.
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 UTIB0002221 for Online Transfers?
Once you have the IFSC Code UTIB0002221 for the Ujha 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 UTIB0002221. 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 UTIB0002221.
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 Ujha in Panipat, 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 Ujha, 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 of the Ujha Panipat branch is UTIB0002221.
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 Ground Floor, Khewat No.513, Khatoni No.653, Rect. No.10, 11, 21, 22, Killa No.15/2(2-5), Village Ujha, Sub Tehsil Bapoli, Dist. Panipat, Haryana, Pin 132103.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
