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 Banderdewa branch in Papum Pare, Banderdewa, Arunachal Pradesh, 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 Papum Pare or anywhere in Arunachal Pradesh can transfer funds instantly by using the correct IFSC Code UTIB0005657. 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, Banderdewa, Papum Pare
Here are the key points that are associated with the IFSC Code UTIB0005657 of Axis Bank for its branch located in Papum Pare, within the district of Banderdewa in the state of Arunachal Pradesh.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0005657 |
| Branch | Banderdewa |
| City | Papum Pare |
| District | Banderdewa |
| State | Arunachal Pradesh |
| Address | Ground Floor, Padu Building, Bhalukpung Lakhimpur Road, Nh 52, Near Dikrong Bridge, Banderdewa Arunachal Pradesh 791123 |
These details help users in online banking and for businesses and individuals who use Axis Bank in Papum Pare for their financial transactions. In case you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0005657 for the Banderdewa branch of Axis Bank has a very 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 UTIB0005657 is given to every bank branch, including Axis Bank located in Banderdewa, Papum Pare, Arunachal Pradesh, to make sure that online payments reach the right place.
The IFSC Code is important because:
- It uniquely identifies the Axis Bank branch in Papum Pare.
- 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 Papum Pare and Banderdewa.
- 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 Arunachal Pradesh and the rest of India, which is why the IFSC Code ensures that transactions meant for Axis Bank in Banderdewa doesn't end up at another location.
Format of the IFSC Code UTIB0005657
The format of the IFSC Code for banks, including Axis Bank, follows an 11-character structure:
AAAA0CCCCCC
Here's the breakdown of this:
- First 4 characters (AAAA): Represent the bank code. For Axis Bank, these characters are the bank's short identifier.
- 5th character (0): Always zero which is reserved for future use.
- Last 6 characters (CCCCCC): Represent the specific branch code assigned to branches such as Banderdewa in Papum Pare.
For example, the IFSC Code UTIB0005657 of Axis Bank for the Banderdewa branch includes these elements, identifying the bank and the branch location in Papum Pare and Arunachal Pradesh accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0005657 of Axis Bank for its Banderdewa branch located in Papum Pare, 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 Papum Pare and Banderdewa, 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 Banderdewa or Papum Pare to get the exact IFSC Code UTIB0005657.
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 Papum Pare, you'll get the correct details.
How to Use IFSC Code UTIB0005657 for Online Transfers?
If you have the IFSC Code UTIB0005657 for the Banderdewa branch of Axis Bank in Papum Pare, you can easily go ahead with fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0005657. Transfers are processed in batches. 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. Asks for the recipient's account details and Axis Bank IFSC Code UTIB0005657.
Whatever method you choose, the accuracy of the IFSC Code is important and needed. In case there is any mistake in entering the IFSC Code for Axis Bank Banderdewa in Papum Pare, it may result in delayed or failed transactions.
Finding the MICR Code
MICR codes are used for check clearances and are not the same as IFSC codes. If you are searching for the MICR code of Axis Bank in Banderdewa, you can find it by any of the following ways:
- Check the bottom of your cheque leaf.
- Go to the first page of your passbook.
- Visit the official Axis Bank website.
- Search the RBI portal.
Having both IFSC and MICR codes helps account holders in Papum Pare manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0005657.
Yes, but there can be changes during mergers or restructuring.
No, MICR is for cheque clearing and the IFSC is for online transfers.
You can easily find it on cheque books, passbooks, the bank's website, mobile app, or the RBI portal.
The address of the branch is Ground Floor, Padu Building, Bhalukpung Lakhimpur Road, Nh 52, Near Dikrong Bridge, Banderdewa Arunachal Pradesh 791123 located in Papum Pare, Banderdewa, Arunachal Pradesh.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.