There is one important element for digital banking and online financial transactions in India that ensures seamless and accurate fund transfers is the IFSC Code. For sending money through NEFT, RTGS, or IMPS, the bank asks you to enter the correct IFSC Code to make the route of your payment to the right branch. In case you are searching for the IFSC Code of Axis Bank for its Devigarh branch in Patiala, Devigarh, Punjab, then this comprehensive guide will provide you with detailed information.
The banking system in India has changed over time, and today the customers of Axis Bank situated in Patiala or anywhere in Punjab can easily transfer funds instantly by using the correct IFSC Code UTIB0001115. You should know how the IFSC Code works and how it helps you stay informed and avoid transfer errors.
Details of IFSC Code for Axis Bank, Devigarh, Patiala
Here are the main details that are associated with the IFSC Code UTIB0001115 of Axis Bank for its branch located in Patiala, within the district of Devigarh in the state of Punjab.
| Particulars | Details |
|---|---|
| Bank | Axis Bank |
| IFSC Code | UTIB0001115 |
| Branch | Devigarh |
| City | Patiala |
| District | Devigarh |
| State | Punjab |
| Address | Ground Floor, Khata No. 1/100 & 1/225, Main Peohwa Road , Near Bus Stand, Devigarh, Dist. Patiala , Punjab , Pin 147111 |
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 UTIB0001115 for the Devigarh branch of Axis Bank has an important role.
What Is IFSC Code and Why Is It Important?
IFSC stands for Indian Financial System Code, which is an 11-character alphanumeric code provided by the Reserve Bank of India. Every bank branch, including Axis Bank located in Devigarh, Patiala, Punjab, is provided a unique IFSC like UTIB0001115 so that their online payments reach the right place.
The IFSC Code is important because:
- It uniquely recognizes the Axis Bank branch in Patiala.
- Helps NEFT, RTGS, and IMPS systems route the transfer securely.
- It avoids any confusions between multiple branches of the same bank across different places like Patiala and Devigarh.
- It reduces most of the errors in fund transfers and makes sure its accuracy.
- It enables sender banks to validate and confirm branch details before processing payments.
For thousands of branches across Punjab and the rest of India, the IFSC Code ensures that transactions meant for Axis Bank in Devigarh do not get misguided to another person.
Format of the IFSC Code UTIB0001115
The format of the IFSC Code for banks, including Axis Bank, has 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 Devigarh in Patiala.
For example, the IFSC Code UTIB0001115 of Axis Bank for the Devigarh branch includes these elements, identifying the bank and the branch location in Patiala and Punjab correctly.
How to Find IFSC Code for Axis Bank?
To find the IFSC Code UTIB0001115 of Axis Bank for its Devigarh branch located in Patiala, 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 Patiala and Devigarh, 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 Devigarh or Patiala to find the exact IFSC Code UTIB0001115.
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 Patiala will provide accurate information.
How to Use IFSC Code UTIB0001115 for Online Transfers?
Once you have the IFSC Code UTIB0001115 for the Devigarh branch of Axis Bank in Patiala, you can start with your fund transfers using any digital method:
NEFT
Add beneficiary details including the name, account number, and IFSC Code UTIB0001115. 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 UTIB0001115.
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 Devigarh in Patiala, 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 Devigarh, 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 Patiala manage their online transfers and cheque clearances easily.
Frequently Asked Questions (FAQs)
The IFSC Code of the Devigarh Patiala branch is UTIB0001115.
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, Khata No. 1/100 & 1/225, Main Peohwa Road , Near Bus Stand, Devigarh, Dist. Patiala , Punjab , Pin 147111.
The IFSC Code ensures that NEFT, RTGS, and IMPS transactions are accurately routed to the correct bank branch.
