IFSC Code of Axis Bank, Dhamo Majra, Patiala, Punjab- UTIB0002327

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 Dhamo Majra branch in Patiala, Patiala, Punjab, 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 Patiala or anywhere in Punjab can transfer funds instantly by using the correct IFSC Code UTIB0002327. 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, Dhamo Majra, Patiala

Below in the table are the key details related to IFSC Code UTIB0002327 of Axis Bank for its branch located in Patiala, within the district of Patiala in the state of Punjab.

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 UTIB0002327 for the Dhamo Majra 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 Dhamo Majra, Patiala, Punjab, is provided a unique IFSC like UTIB0002327 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 Patiala.
• 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 Dhamo Majra do not get misguided to another person.

Format of the IFSC Code UTIB0002327

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 Dhamo Majra in Patiala.

For example, the IFSC Code UTIB0002327 of Axis Bank for the Dhamo Majra 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 UTIB0002327 of Axis Bank for its Dhamo Majra 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

You can easily find the IFSC and MICR codes because most banks, including Axis Bank branches in Patiala and Patiala, 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 Dhamo Majra or Patiala to get the exact IFSC Code UTIB0002327.

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 UTIB0002327 for Online Transfers?

Once you have the IFSC Code UTIB0002327 for the Dhamo Majra branch of Axis Bank in Patiala, you can initiate your fund transfers using any digital method:

NEFT

Add beneficiary details including the name, account number, and IFSC Code UTIB0002327. 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 UTIB0002327.

Regardless of the method you choose, the accuracy of the IFSC Code is crucial. Any mistake in entering the IFSC Code for Axis Bank Dhamo Majra in Patiala 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 Dhamo Majra, 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 Patiala to handle online money transfers and get their cheques cleared smoothly.