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 Anardana Chowk Patiala branch in Patiala, Anarana Chowk Patiala, Punjab, 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 Patiala or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0003497. Knowing how the IFSC Code works will help you stay informed and avoid transfer issues.
Details of IFSC Code for Axis Bank, Anardana Chowk Patiala, Patiala
Here are the main details that are associated with the IFSC Code UTIB0003497 of Axis Bank for its branch located in Patiala, within the district of Anarana Chowk Patiala in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0003497 |
| Branch | Anardana Chowk Patiala |
| City | Patiala |
| District | Anarana Chowk Patiala |
| State | Punjab |
| Address | Gr Flr And First Flr Property No 1292 4 1293 4 |
These details are crucial, not just for online banking users but also for businesses and individuals who use Axis Bank in Patiala for recurring financial transactions. If you are depositing money, sending payments, or conducting commercial transfers, the IFSC Code UTIB0003497 for the Anardana Chowk Patiala 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 provided by the Reserve Bank of India. Every bank branch, along with Axis Bank located in Anardana Chowk Patiala, Patiala, Punjab, are allotted a unique IFSC like UTIB0003497 to ensure that online payments reach the right destination.
The IFSC Code is important because:
- It clearly tells which bank branch it is in Patiala.
- It helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It prevents confusion between different branches of the same bank in places like Patiala and Anarana Chowk Patiala.
- 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 Anardana Chowk Patiala reaches the right place, even though there are thousands of branches in Punjab and across India.
Format of the IFSC Code UTIB0003497
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 Anardana Chowk Patiala in Patiala.
For example, the IFSC Code UTIB0003497 of Axis Bank for the Anardana Chowk Patiala branch includes these elements, identifying the bank and the branch location in Patiala and Punjab accurately.
How to Find IFSC Code for Axis Bank?
If you are trying to find the IFSC Code UTIB0003497 of Axis Bank for its Anardana Chowk Patiala branch located in Patiala, 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
Most banks, including Axis Bank branches in Patiala and Anarana Chowk Patiala, print the IFSC and MICR codes 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 Anardana Chowk Patiala or Patiala to get the exact IFSC Code UTIB0003497.
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 Patiala, you'll get the correct details.
How to Use IFSC Code UTIB0003497 for Online Transfers?
Once you have the IFSC Code UTIB0003497 for the Anardana Chowk Patiala branch of Axis Bank in Patiala, you can initiate your fund transfers using any digital method:
NEFT
Add the beneficiary's name, account number, and IFSC Code UTIB0003497. 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 UTIB0003497.
No matter which payment method you use, the IFSC Code must be correct. If you enter the wrong IFSC Code for the Axis Bank Anardana Chowk Patiala in Patiala, 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 Anardana Chowk Patiala, 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 Patiala manage online transfers as well as cheque clearances with ease.
Frequently Asked Questions (FAQs)
The IFSC Code is UTIB0003497.
Yes, but it can change during merging or restructuring of the bank.
No, MICR is for cheque clearing and IFSC is for online transfers.
You can find it on your chequebook, passbook, the bank's website, the mobile app, or on the RBI portal.
The address of the branch is Gr Flr And First Flr Property No 1292 4 1293 4 located in Patiala, Anarana Chowk Patiala, Punjab.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
